Coindesk

Aptos’ APT Rises 7% as Bulls Take Control

Aptos' APT registered a 7% surge during the last 24 hours, advancing from $4.34 to $4.62, according to CoinDesk Research's technical analysis model.The model showed that Aptos demonstrated considerable bullish momentum throughout the preceding 24-hour period.The most significant price action materialised during the nocturnal hours extending into the early morning of August 8, wherein exceptional volume surges exceeding 12.9 million units propelled the asset through successive resistance levels, establishing fresh support foundations within the $4.61-$4.66 corridor, according to the model. Resistance has emerged at $4.72Aptos has surpassed Solana and Stellar in real-world asset (RWA) tokenization, securing third position globally with more than $719 million in RWA total value locked.The rally in APT came as the wider crypto market also rose,...

NEAR Rises 2% as Institutional Traders Drive Volume Amid Volatile Swings

NEAR Protocol rose 1.93% in the 24 hours to 15:00 UTC on Aug. 8, moving from $2.59 to $2.64. The token traded between $2.54 and $2.71, a 6.84% range that industry executives say highlights ongoing structural weaknesses in crypto markets and the need for clearer regulation. “These volatile trading patterns highlight the need for more robust market infrastructure and clearer regulatory frameworks,” said a senior executive at a major digital asset trading firm.Institutional flows drove much of the activity, with volume surging to 18.9 million units. Analysts pointed to the $2.62 to $2.66 zone as a focus for corporate treasuries and hedge funds. A sharp rejection at $2.67, accompanied by more than 120,000 units sold in four minutes, reflected algorithmic...

BONK Pushes Higher, Tests Resistance at $0.0000264

BONK, a Solana-based memecoin, advanced 1.7% in the last 24 hours to $0.00002626. The token traded within a 4% range, with a high of $0.00002645 and a low of $0.00002485, producing a $0.00000160 spread, according to CoinDesk Research's technical analysis data model.The price rebounded from the low at 16:00 UTC on Aug. 7, moving toward the peak during the European morning on Friday. This recovery phase saw total volume surge above 1.09 trillion tokens, greater than the daily average. However, momentum stalled at $0.00002640, where repeated sell orders capped upward moves.BONK subsequently held above $0.00002600 despite brief dips. A volume spike of 48.86 billion tokens at 12:07 UTC coincided with a failed breakout attempt past $0.00002615, reinforcing the established resistance...

Gold Futures Hit Record on U.S. Tariffs, Possibly Boosting Safe-Haven Case for Bitcoin

Gold futures surged to a record high on Friday after U.S. President Donald Trump imposed tariffs on imported gold bars, a rare move sparking both safe-haven buying and fresh concerns over supply disruptions in a market unaccustomed to such trade measures.The most actively traded U.S. gold futures contract climbed as high as $3,534 per troy ounce after U.S. Customs and Border Protection confirmed that one-kilogram and 100-ounce bars would face reciprocal tariffs.Tariffs make imported gold more expensive for U.S. buyers. That cost pressure typically pushes futures prices higher than spot prices, creating arbitrage opportunities for traders. The setup can fuel speculative buying, but it also sends a geopolitical signal — gold has historically been viewed as outside trade-war crossfire, more...

ICP Pushes Higher as Strong Volume Secures Bullish Momentum

Internet Computer Protocol (ICP) extended its upward trajectory over the last 24 hours, rising 2.29% from $5.25 to $5.37. The token’s price action unfolded within a $0.26 corridor between $5.16 and $5.42, representing a 4.94% trading spread, as traders navigated pronounced intraday volatility, according to CoinDesk's technical analysis data model.The most notable moves came in the early hours of Aug. 8, when volume surged to 3.13 million units at midnight and then doubled to 6.93 million at 01:00 UTC, both figures well beyond the 24-hour average of 876,000. These inflows consistently met bids in the $5.24-$5.27 zone, reinforcing a support base. On the upside, sellers concentrated around $5.39–$5.42.ICP subsequently advanced from $5.36 to $5.38, notching a 0.37% push. This climb...