Crypto News

The company’s announcement follows confusion over a recent SEC filing and shares tumbling around 70% in after-hours trading on Thursday.Source link

Telegram’s token TON dipped 8% in 24 hours, dropping from $3.20 to a low of $2.93 with significant selling pressure, according to CoinDesk research’s technical analysis model. TON was hit harder than other cryptocurrencies in the CoinDesk 20: the index (which includes the top 20 coins by market capitalization except for stablecoins, memecoins and stablecoins) is down 6.2% in the same period of time.The selloff occurred after Israel struck Iranian facilities and military leadership late on Thursday night.Technical Analysis• TON experienced a significant 8.4% correction, dropping from $3.20 to a low of $2.93 over a 24-hour period.• Above-average volume of 3.36 million established a strong resistance at the $3.09 level.• A notable volume spike of 7.74 million created a high-volume...

On Thursday, Israel carried out overnight airstrikes targeting Iranian nuclear installations, dramatically heightening geopolitical friction across the Middle East. In response, major U.S. equity indices plunged on Friday. At the same time, gold has climbed 1.61% per ounce, while crude oil barrel prices vaulted over 5%. Dow Dives, Bitcoin Drops, Oil Erupts: Fallout From IsraeliSource link

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3027.78, down 4.4% (-137.85) since 4 p.m. ET on Thursday.None of the 20 assets are trading higher.Leaders: BTC (-2.2%) and XRP (-2.9%).Laggards: SUI (-8.2%) and NEAR (-7.8%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Analysts told Decrypt that the alpha crypto's risk-asset behavior contrasts with gold's safe-haven rally, splitting the reaction.Source link