Filecoin (FIL) displayed sharp volatility with a trading range of over 6% during the last 24-hours, according to CoinDesk Research's technical analysis model. The token broke key support at the $2.38 level on high volume, the model showed. AI platform SingularityNET has chosen Filecoin for metadata storage through Lighthouse, according to a post on X. … Read more
The price of BNB fell from around $815.8 to $795 in a move that breached the widely watched $800 support level. At its lowest, BNB touched $780 before bouncing slightly. Trading activity during this window spiked to above 4,000 tokens per minute, according to CoinDesk Research's technical analysis model. A drop below $800 is seen … Read more
BONK surged 18.2% over the past day, breaking decisively through multiple resistance levels to settle at $0.00003343 – its highest price in months. The rally comes amid renewed optimism in crypto markets, with altcoins leading a charge that saw total market capitalization edge higher on the back of rising open interest and technical momentum. From … Read more
Metaplanet, the largest corporate bitcoin holder outside North America, has purchased an additional 797 BTC, worth around $96 million, bringing its total bitcoin holdings to 16,352. Simon Gerovich, CEO of the Tokyo-listed hotelier, recently told the FT that the firm aims to leverage these holdings as collateral to finance acquisitions of cash‑generating businesses, particularly in digital … Read more
According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period. Bitcoin’s achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover the … Read more
Filecoin exhibited remarkable bullish strength in the last 24 hours, climbing from $2.44 to $2.65 in a decisive 9% advance, according to CoinDesk Research’s technical analysis model. The momentum intensified notably during the 16:00-21:00 timeframe on July 10, as price rocketed from $2.44 to $2.58 amid extraordinary trading volume of 8.18 million tokens at the … Read more
The price of PEPE shot up 14% over the last 24 hours, driven by large-scale buying and a broader rebound across the cryptocurrency space that saw bitcoin top the $118,000 mark. The token surged from $0.000011141 to $0.000012812, adding fuel to a sector that thrives on online hype and sudden bursts of trading. While the … Read more
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, … Read more
Avalanche’s token recently broke out of a consolidation phase, establishing strong support levels, according to CoinDesk Research’s technical analysis model. The token is up 0.8% in the last 24 hours. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, except for stablecoins, exchange coins and memecoins — lost 0.4% over … Read more