CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto and Nasdaq Market Breadth Shows Short-Term Weakness in Bull Run
Market breadth indicators reveal short-term weakness in both the crypto market and the Nasdaq index, while maintaining a long-term uptrend.
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South Korea Orders Crypto Exchanges to Halt New Lending Products
South Korea’s Financial Services Commission (FSC) has mandated a suspension of new crypto lending products until formal guidelines are established,...
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Crypto Market Sees $270 Million Liquidations Amid Rate Cut Concerns
Crypto markets experienced a significant unwind, resulting in $270 million in liquidations, primarily affecting longs in ETH and BTC.
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DOGE Drops to 22-Cent Support Amid $782 Million Trading Volume
Dogecoin (DOGE) Overview
Dogecoin experienced a decline, erasing previous gains despite significant institutional accumulation. Key points...
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XRP Closes Under $3.00 Following Late Session Selloff
XRP closed Monday's session at approximately $2.99, down 1% due to increased selling pressure in the final trading hour. This drop was marked by...
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Blockchain Lender Figure Files for IPO on Nasdaq Under Ticker FIGR
Figure, a blockchain lender founded by Mike Cagney, has filed for an IPO with the SEC to list its Class A shares on Nasdaq under the ticker FIGR....
Traders Adjust BTC and ETH Targets Amid Weak Retail Demand
Market Overview
As East Asia begins trading, key cryptocurrency prices are:
BTC at $116,263, down 1.1% daily and 2% weekly
ETH at $4,322, off...
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KindlyMD Completes $200 Million Convertible Note Offering for Bitcoin Purchase
KindlyMD (NAKA), recently merged with Nakamoto, closed a $200 million convertible note offering.
The notes have no interest for the first two...
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Stellar Development Foundation Invests in Archax to Enhance Tokenization Efforts
The Stellar Development Foundation (SDF) invested in UK-based digital asset exchange Archax to enhance tokenized real-world assets (RWAs). Key...
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U.S. Treasury Department Seeks Public Input on Illicit Crypto Activity
The U.S. Treasury Department is seeking innovative methods to detect and prevent illicit activities in the cryptocurrency sector as it implements...
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Circle Acquires Malachite for Payments-Focused Arc Blockchain
Circle has acquired Malachite, the consensus engine for its upcoming payments-focused blockchain, Arc, from Informal Systems. Key points include:
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Stellar's XLM Token Experiences 6% Decline Amid Heavy Selling
Stellar’s XLM token experienced significant institutional selling from August 17 to August 18, dropping from $0.43 to $0.41, a decline of 6%. Key...
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HBAR Drops 6.68% as Trading Volume Surges Past 109 Million Tokens
HBAR has declined by 6.68% in the past 24 hours, dropping from $0.26 to $0.24. Trading volume exceeded 109 million tokens, nearly double the daily...
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ICP Drops 7% as Critical Support Level Breached Amid Selling Pressure
Internet Computer Protocol (ICP) Update
ICP lost 7% in value, dropping to $5.27.
Critical support level at $5.48 breached on Aug. 18.
Trading...
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Protection Costs for BlackRock's Bitcoin ETF Reach Highest Level Since April
Protection against price drops in BlackRock's spot bitcoin exchange-traded fund (ETF) is at its highest since early April.
The spread between...
