Crypto News
Bitcoin Faces Risk of Pullback to $100K as Momentum Indicator Diverges Bearishly: Technical Analysis
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin's BTC bull run has stalled, with emerging technical signals pointing to a possible price pullback.The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record highs over $110K, TradingView data show.There has been little bullish action in the past 24 hours despite reports that the Trump family media company plans to raise $3b billion to buy cryptocurrencies such as bitcoin.A key momentum indicator called the 30-day rate of change (ROC), which measures the percentage increase or decrease in bitcoin's price over the past month, has chalked out a "bearish divergence."The bearish pattern...
Latam Insights Encore: Colombia’s Toughest Battle: Introducing a CBDC
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how Colombia faces a difficult task in introducing a CBDC to modernize the financial system in a country where cash is still king. Latam Insights Encore: Colombian CBDC Won’t Fly UnlessSource link
Pakistan Appoints World Liberty Financial Advisor to Key Government Role on Crypto
Bilal Bin Saqib has been tapped to lead strategy as Islamabad embraces crypto mining and ties with a controversial U.S. crypto project.Source link
Conor McGregor Sparks Decentralization Dogfight Between Bitcoiners and Multi-Chain Believers
UFC icon Conor McGregor has set his sights beyond the political ring of the Irish presidency—plunging straight into the heart of crypto discourse while asking about Donald Trump’s digital asset agenda. Irish Champ Wades Into Decentralization Firestorm Conor McGregor, the famed UFC titleholder, has recently positioned himself as an outspoken supporter of bitcoin—championing BTC’s adoptionSource link
Asia Morning Briefing: Thai Banks May Soon Hold Crypto, SCB10X CEO Signals Sandbox Push
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.Uniswap's UNI token surged from $6.00 to $6.65 over the past 24 hours, pushing the token up 5%, while the broader market gauge CoinDesk20 Index fell 1.8% in the last 24 hours. This momentum coincides with Uniswap recording its highest monthly transaction volume since February, processing over $73 billion in trades and generating more than $380 million in revenue this year, as institutional interest grows and a notable whale re-entered the market by acquiring nearly $4 million worth...