CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Dwayne Johnson Surpasses Kamala Harris as 2028 Democratic Contender on Polymarket
Dwayne "The Rock" Johnson is currently the leading Democratic contender for the 2028 presidential race on the decentralized betting platform...
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Bitcoin Faces Selling Pressure Near $113,600 as Price Bounces
Bitcoin (BTC) is facing potential resistance at the $113,600 level as it attempts to regain upward momentum.
Current price rebounded to $112,800...
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XRP Hits $3.00 Amid Bullish Momentum and Heavy Institutional Inflows
Key News Highlights
XRP rose nearly 9% over the week, trading around the $3.00 level.
Gemini launched an XRP-rewards Mastercard with WebBank,...
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DOGE Sees $200 Million Whale Transfer to Binance Amid Selling Pressure
News Background
A whale transferred 900 million DOGE (over $200 million) to Binance wallets from August 24–25, causing prices to drop from $0.25 to...
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CME Ether Futures Open Interest Surpasses $10 Billion for First Time
The CME's ether (ETH) futures market is experiencing significant growth as interest shifts from bitcoin (BTC).
Total notional open interest in ETH...
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China Explores Yuan-Backed Stablecoins Amid U.S. Regulatory Developments
Key Market Developments
China is focusing on stablecoins to counter U.S. dollar dominance, according to Dr. Vera Yuen from Hong Kong...
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Nvidia Reports Q2 Revenue of $46.7 Billion as Shares Dip
Nvidia (NVDA) reported second-quarter earnings of $46.7 billion, a 56% year-over-year increase. This reflects strong demand for its processors amid...
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VersaBank Launches Pilot for Tokenized Deposits Using Blockchain Technology
VersaBank, a Canadian digital bank, is testing a tokenized deposit system through its U.S. subsidiary, VersaBank USA. Key details include:
The...
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Finastra Integrates Circle's USDC for $5 Trillion Cross-Border Payments
Finastra, a financial technology provider, will integrate its payments hub with Circle's USDC stablecoin for cross-border transfers. Key points...
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Analyst Highlights SOL as Potential Next Big Investment Following ETH
Solana's SOL price increased by 7.68% to $208.24 in 24 hours, outperforming the broader market where the CoinDesk 20 Index rose by 2.89% and total...
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Hyperliquid's HYPE Token Reaches New All-Time High Above $50
The native token of Hyperliquid (HYPE) reached a new all-time high, surpassing $50 for the first time and gaining about 8% in 24 hours. Key points...
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Bitcoin Mining Faces New Challenges as Power Costs Impact Profitability
Key updates in cryptocurrency technology and investment:
Bitcoin Mining Market Challenges: Executives at the SALT conference reported that...
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ETH Absorbs Over $81 Billion in Capital Since November 2022
Recent analysis on ether (ETH) liquidity reveals key insights relevant for investment strategies:
Realized Capital Growth: ETH has absorbed...
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Bitcoin Expected to Reach $150,000 to $160,000 by Year-End 2025
Price Outlook
Forecasts for bitcoin in 2025 suggest a target range of $150,000 to $160,000. This is influenced by:
A potential pivot in Fed...
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Stellar's XLM Trades Within $0.017 Range Amid Increased Institutional Activity
Stellar's native token, XLM, traded within a narrow range over the past 24 hours, reflecting broader market pressures. Key points include:
The...
