CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Filecoin Posts 6% Rebound Amid Increased Institutional Interest
Filecoin (FIL) rebounded by 6% from its 24-hour lows, closing at $2.31 after a low of $2.15. Key highlights include:
FIL showed a 6.4% rebound,...
Ether Treasury Companies Purchase 4.9% of Circulating ETH Since June
Standard Chartered's Geoff Kendrick stated that Ether (ETH) and ETH treasury companies are undervalued. Key points include:
ETH treasury...
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Fed Chair Powell Signals Possible Rate Cuts Amid Economic Concerns
The recent comments from Federal Reserve chair Jerome Powell at Jackson Hole suggest the possibility of a September rate cut. Key points include:
...
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CoinDesk 20 Index Trades at 4031.21, Down 0.6%
CoinDesk Indices reports the following market update:
The CoinDesk 20 Index is at 4031.21, down 0.6% (-25.46) since Monday at 4 p.m. ET.
Eleven of...
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Bitwise Files for Spot Chainlink ETF as LINK Gains 5%
Bitwise is set to launch the first spot-based ETF in the U.S. focused on Chainlink's native token, LINK. The filing was made with the U.S....
Trump Media Partners with Crypto.com to Create $6.4B CRO Treasury
Trump Media and Technology Group has partnered with Crypto.com to integrate the CRO cryptocurrency into its Truth Social platform. Key points of...
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Ethereum DeFi Total Value Locked Falls to $91 Billion Despite Price Surge
Ether (ETH) reached a new all-time high of $4,946, but its on-chain finance momentum appears weaker compared to previous cycles.
Total value...
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Bitcoin Price Recovers to $110,000 Amid Weak Network Adoption
Bitcoin (BTC) rebounded from lows around $108,760 to over $110,000. However, weak on-chain activity suggests limited recovery potential.
Price...
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Bitcoin ETFs Face $972 Million Outflow, Risk Second-Worst Performance
Bitcoin bulls face a significant challenge this week, needing to funnel nearly $1 billion into U.S.-listed exchange-traded funds (ETFs) to avoid the...
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HBAR Experiences 5.83% Intraday Move Amid Heavy Trading Activity
Hedera’s HBAR token experienced significant volatility recently, trading between $0.242 and $0.228, a 5.83% intraday move. Key points include:
...
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Crypto Market Sees Over $900 Million in Liquidations Amid Whale Activity
The cryptocurrency market experienced a significant sell-off, with Bitcoin dropping below $109,000 and Ether correcting 13% from its recent...
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XLM Price Drops to $0.380 Amid Major Trading Volume Surge
Stellar's native token, XLM, experienced significant volatility over the past 24 hours, dropping from a high of $0.398 to a low of $0.380. Key...
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Bitpanda Explores Public Listing Options, New York Preferred Over London
Bitpanda co-founder Eric Demuth indicated a stronger interest in a public listing. Key points include:
Bitpanda is unlikely to pursue a listing on...
Bitcoin Drops Below 100-Day Moving Average Amid Bearish Technical Signals
Bitcoin's Technical Outlook Deteriorates
Bitcoin (BTC) has dropped below its 100-day simple moving average (SMA) for the first time since...
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$14.6B Bitcoin and Ether Options Expiry Highlights Demand for BTC Protection
Over $14.6 billion in Bitcoin (BTC) and ether (ETH) options are set to expire on Deribit, the largest crypto options exchange, on Friday. Key...
