Ether (ETH), the native token of the Ethereum blockchain that turned 10, just had its best July performance in three years. The second largest cryptocurrency climbed more than 50% in July, peaking at $3,940 before easing below $3,800 towards the end of the month. The last time ETH rose this much in a single month … 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
BNB rose over 6.6% in the last 24-hour window as a wave of corporate treasury purchases and a recently announced trade deal between the U.S. and the European Union (EU) drove trading activity upward. The trade deal has seen equities in Europe climb in today’s trading session and boosted Wall Street futures as well. It … Read more
BNB rose more than 3% in the past 24 hours, briefly topping $800 to reach a new high near $810. BNB peaked at $809.84 as trading volume exceeded the session’s average to 125,568 tokens in an hour, according to CoinDesk Research's technical analysis model. Behind the rally were a number of factors, including a more … Read more
BNB’s price slipped nearly 1.5% in volatile trading over the last 24-hour period to trade recently around $765. It’s down from a near $780 high earlier this week. The move carved out a $34.87 range in a short window as institutional selling hit the market and buyers scrambled to defend key support. Trading volume spiked … Read more
What looked like a rebound at first glance reflected something deeper; a change in the nature of demand. As digital assets rallied, institutional flows became more targeted, and corporate balance sheets emerged as a key driver of market structure. Bitcoin rose 29.8%, reaching a new all-time high in June, according to CoinDesk Data, but it … Read more
BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve. Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved up, amid a broader cryptocurrency market … Read more
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). Strategy (MSTR) now holds almost $65 billion in bitcoin , which makes it the 11th largest corporate treasury holder of bitcoin in the U.S. In its investor presentation for the new STRD at-the-market equity program, Strategy compares itself to companies that hold cash … Read more
South Korea is collaborating with various internal authorities to develop its Web3 market. In a recent move, the Financial Services Commission (FSC) unveiled a roadmap to gradually integrate local corporations into the VDA market, which primarily consists of cryptocurrencies. Looking ahead, South Korea aims to assess the financial aspects of cryptocurrencies and foster sector growth … Read more
South Korea’s Financial Services Commission (FSC) has announced that it will be adding more layers to its crypto regulations over the next month. The guidelines for corporate firms’ participation in cryptocurrencies will be finalised by April, the FSC said Wednesday. The rules will allow professional investors and listed corporations to safely engage with virtual digital … Read more