Coindesk

Bitcoin’s (BTC) implied volatility (IV) has moved from 33 to 37 on Monday, a notable uptick from multi-year lows and a possible signal that the market’s long stretch of calm is nearing an end. The Deribit Volatility Index (DVOL), modeled after the VIX in traditional markets, tracks the 30-day implied volatility of bitcoin options and now sits at its highest level in weeks.Implied volatility represents the market’s forecast for price swings, calculated from option prices. In formal terms, IV measures the one-standard-deviation range of an asset’s expected movement over a year. Tracking at-the-money (ATM) IV offers a normalized view of sentiment, often rising and falling alongside realized volatility.Last week, BTC’s short-term IV fell to around 26%, one of the lowest...

Bitcoin (BTC) may find itself fighting gravity after a surge over the weekend took it to within striking distance of its $123,000 all-time high while leaving a gap in the price of CME futures between Friday's closing price and Monday's open.CME bitcoin futures, cash-settled contracts that track the price of the largest cryptocurrency, settled at $117,430 on Friday, only to open on Monday at $119,000. Historically, bitcoin has shown a tendency to fill these gaps, meaning the price often retraces to cover the difference between the two levels. This can happen within days or even within hours of the gap forming. “Most previous gaps that were created did close within the same day, but this one moved a bit further...

Corporate America's fears of a looming economic recession have evaporated as quickly as they emerged early this year.The number of S&P 500 companies that mentioned the word "recession" during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to data source FactSet. A recession is defined as two consecutive quarters of negative economic growth, as measured by the gross domestic product."Recession was uttered just 16 times so far on earnings calls this quarter (4%), down from 124 in Q1 and the 10-yr average of 61. After Q4 '24 it was the least of any quarter since Q4 '21," Neil Sethi, managing partner at Sethi Associates, said on X, quoting FactSet. The...

Technical Analysis OverviewDOGE gains 3% in the 24-hour period ending August 11, rallying from $0.23 to $0.24 between August 10 05:00 and August 11 04:00. The most aggressive move comes in the 01:00-02:00 hour on August 11, when price jumps from $0.23 to $0.24 on 829.05 million volume — more than double the 24-hour average of 334.71 million.Resistance emerges at $0.24 after high-volume rejection, while support consolidates at $0.23-$0.232. Elevated volume combined with higher lows signals accumulation pressure, positioning DOGE for a potential breakout if $0.24 clears.News BackgroundThe rally comes amid rising global economic uncertainty, with trade policy shifts and geopolitical tensions prompting investors to diversify into alternative assets. Monetary policymakers in major economies are monitoring developments closely, with inflation...

Zora (ZORA) climbed nearly 50% in the past 24 hours to over 13 cents, extending a week-long rally to over 118% and pushing the market cap to $450 million.No immediate catalyst or news event seemed to create the demand bump, but the rapid price movement suggests a wealthy player purchased an unusually high amount of tokens in anticipation of future volatility to the upside.As such, on-chain metrics show a spike in coin creation activity on Sunday, with 47,000 issuances from 21,000 creators, marking the highest such figures since July 31.Zora, an OP Stack Layer 2 built for creators and media minting, was added to the “Base App” discovery flow in mid-July, improving retail access and boosting creator-side activity.Trading volume spiked...