The price of BNB was little changed around $850 after a 24-hour period that saw it rising to as high as $855. Heavy selling earlier in the period had pushed the token toward the $840 area, where bids absorbed supply to set a support level, according to CoinDesk Research’s technical analysis model. From there, momentum … Read more
Strategy (MSTR) fell to as low as $326 on Wednesday, trading about 4% below the 200-Day Moving Average (DMA) of $340, a key level markets watch for trading ideas. The indicator is a widely used technical measure that smooths out price data over roughly nine months of trading, helping investors identify long-term trends. When a … 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
Dogecoin nursed losses on Monday as the community behind Qubic, which recently attacked Monero, voted to target the Dogecoin network over Zcash and Kaspa by a big margin. At the time of writing, DOGE traded at over 22 cents, representing a 4% decline on a 24-hour basis, according to CoinDesk data. The cryptocurrency chalked out … Read more
Internet Computer reversed after testing the $5.75 level in the early hours of Aug. 11, succumbing to selling pressure that drove the token down to $5.43. ICP appeared to be in a steady consolidation pattern between $5.65 and $5.67 before a rally propelled the token to its $5.75 peak. However, the momentum faded as sellers … Read more
Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Exchange order-book activity shows large-scale market exiting, but Bitcoin is attempting to reclaim $114,000. Bitcoin (BTC) hodlers are selling across the board as BTC … Read more
Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Exchange order-book activity shows large-scale market exiting, but Bitcoin is attempting to reclaim $114,000. Bitcoin (BTC) hodlers are selling across the board as BTC … Read more
Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Exchange order-book activity shows large-scale market exiting, but Bitcoin is attempting to reclaim $114,000. Bitcoin (BTC) hodlers are selling across the board as BTC … Read more
Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Exchange order-book activity shows large-scale market exiting, but Bitcoin is attempting to reclaim $114,000. Bitcoin (BTC) hodlers are selling across the board as BTC … Read more
Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Exchange order-book activity shows large-scale market exiting, but Bitcoin is attempting to reclaim $114,000. Bitcoin (BTC) hodlers are selling across the board as BTC … Read more