CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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XRP Drops 4.2% as Resistance Holds at $3.04 and Support at $2.93
Traders are anticipating further downside as resistance is established at $3.04 and a support floor appears at $2.93 after significant trading...

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Architect Launches Institutional-Grade Credit Ratings Service for Crypto Market
Key Updates in Crypto Markets
The digital assets market is evolving but lacks a critical infrastructure: an institutional-grade credit agency....

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XRP Now Available Through BDACS Following Ripple Custody Partnership
XRP is now available on BDACS, a regulated crypto custodian for South Korean institutions. This follows the partnership with Ripple...

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Polygon Surges 9% Before Selling Pressure Stabilizes Price
Polygon (POL) Update
POL rose 9% in early U.S. trading hours, from $0.206 to $0.225, before experiencing a sell-off.
Trading volume surged...

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SEC Confirms Liquid Staking Activities Are Not Subject to Securities Laws
The U.S. Securities and Exchange Commission (SEC) issued a staff statement clarifying that participants in liquid staking do not need to comply with...

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U.S. Neobank Slash Launches Stablecoin for Global Business Payments
Slash, a San Francisco-based neobank, launched the Global USD Account, a payments and treasury platform using a new stablecoin, USDSL, issued by...

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BNB Drops Below $750 Amidst Wider Crypto Market Sell-Off
BNB declined over 1% in the past 24 hours, briefly dropping below the $750 support level, currently holding at that point. This decline followed a...

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Coinbase Launches Embedded Wallets for Simplified Web3 Developer Integration
Coinbase has launched a new tool within its Coinbase Developer Platform (CDP) for integrating self-custodial wallets into applications.
The...

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PEPE Cryptocurrency Drops 32% Amid U.S. Tariff Concerns
PEPE Cryptocurrency Performance
PEPE lost nearly 4% in value within 24 hours amid a market sell-off.
Former BitMEX CEO Arthur Hayes sold his...

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Cardano Falls 3% Amid Ongoing Market Sell-Off and Midnight Airdrop
Cardano (ADA) declined by approximately 3% in the last 24 hours, trading at $0.72 amid a broader crypto market sell-off.
Key points include:
...

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NEAR Experiences 5% Drop Followed by Recovery Rally
Technical Analysis of NEAR Trading Activity
NEAR exhibited significant volatility on August 5, with price fluctuations of $0.13 within a 24-hour...
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Bitcoin Drops Below $113,000 Following Weak ISM Services PMI Report
The latest economic indicators reflect a downturn, impacting both crypto and traditional markets. Key points include:
The ISM Services PMI for...

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ATOM Recovers to $4.30 After 3% Surge From Support Level
Cosmos' native token, ATOM, demonstrated resilience during a volatile trading period ending August 5. After dropping to $4.18, it rebounded to...

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XRP Price Holds Above $3 Amid Banking Sector Objections to Ripple License
Ripple's XRP experienced a 5% gain despite opposition from banks regarding its license application. The price fluctuated between $2.83 and $3.11,...

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Galaxy Digital Shares Drop 8% After Earnings Report Release
Galaxy Digital (GLXY) experienced a decline in share price after its second quarter earnings report. Key points include:
Global Markets revenue...
