Crypto News

Bitcoin is trading at $107,059, with a market capitalization of $2.12 trillion and a 24-hour trade volume of $27.75 billion. The digital asset has seen an intraday range between $105,030 and $107,219, indicating modest volatility amid signs of recovery across multiple timeframes. Bitcoin From the daily chart, bitcoin has staged a notable rebound from aSource link

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Imagine a ship caught in a fierce storm, battered by large waves and swaying wildly yet staying afloat. It indicates that beneath the turmoil, resilience persists, suggesting that smooth sailing will follow once the storm passes.Similarly, when an asset's price refuses to decline despite bearish signals from key indicators, it suggests underlying strength and a potential bull run ahead.That's the current situation in the XRP market and mirrors conditions in the bitcoin market that foreshadowed BTC's historic run higher from $70,000 to $100,000 late last year. Let's have a look at both.XRP is the payments-focused cryptocurrency used by the Fintech company Ripple to facilitate cross-border transactions....

A new patent proposes translating cat “meows” and body language into plain speech, but scientists say the technology may still be chasing its tail.Source link

Crypto exchange Coinbase (COIN) remains one of the most misunderstood companies in the digital assets space, Wall Street broker Bernstein said in a research report Wednesday.Bernstein raised its Coinbase price target to $510 from $310, and reiterated its outperform rating on the stock. The shares Wednesday morning were more than 4% higher at around $360 in early trading.While broader sentiment leans bearish, Coinbase is cementing its role as crypto’s "universal bank," and is bridging retail, institutional, and on-chain infrastructure at a scale unmatched by peers, the report said."Coinbase will be a beneficiary of the GENIUS Act and soon to follow CLARITY Act," analysts led by Gautam Chhugani wrote.Bernstein said the exchange is the only crypto-native firm in the S&P 500...

Blockchain-based prediction markets correctly forecast Zohran Mamdani's Democratic NYC mayoral primary victory.Source link