Crypto News

Bitcoin slipped 0.11% in the past 24 hours to $116,702, according to CoinDesk Data, but remains up 25% year to date, second only to gold’s 29% gain among major asset classes, according to data shared by financial strategist Charlie Bilello on X.2025 Performance so farAs of Aug. 8, bitcoin’s 25% year-to-date return ranked behind only gold’s 29.3% advance. Other major asset classes have posted more modest gains, with emerging market stocks (VWO) up 15.6%, the Nasdaq 100 (QQQ) up 12.7% and U.S. large caps (SPY) rising 9.4%. Meanwhile, U.S. mid caps (MDY) and small caps (IWM) 0.2% have only gained 0.8%, respectively. This marks the first time gold and bitcoin have occupied the top two positions in Bilello’s annual asset...

Eric Trump mocked traders who were shorting ethereum as the cryptocurrency’s rally led to over $173 million in short contract losses. ETH Rally Obliterates Short Contracts On Aug. 8, Trump Organization Vice President Eric Trump mocked traders who were shorting Ethereum ( ETH) after the digital asset’s rally obliterated more than $173 million in shortSource link

The cryptocurrency market closed the week on a positive note, with its total market capitalization briefly exceeding $4 trillion. Ether and LINK were standout performers, rising over 21% and 33% respectively. Top Performers: ETH and LINK The cryptocurrency market closed the week higher, with its total market capitalization briefly surpassing the $4 trillion mark forSource link

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.XRP: Not out of the woods yetXRP (XRP), the payments-focused cryptocurrency, surged 11% on Thursday, reportedly breaking out of a bull flag pattern to suggest renewed upward momentum. However, it's not yet clear, as prices remain well below the crucial $3.65 level, where a bearish "tweezer top" candlestick pattern occurred last month.The tweezer top is a bearish reversal pattern, comprising two candles with identical highs that represent a clear rejection point, in this case $3.65. It's as if the market tried to climb to a new level twice and was met with a brick wall of selling pressure at the same spot, a sign that the...

Supporters of the cryptocurrencies zano (ZANO) and freedom dollar (fUSD) donated $100,000 to honor Dr. Ron Paul’s 90th birthday, bolstering the ongoing Ron Paul Money Bomb initiative. Zano-Based Freedom Dollar Group Backs Ron Paul With $100K The donation celebrates Ron Paul’s lifelong advocacy for sound money and individual liberty. Paul, a former U.S. congressman andSource link