Polkadot’s DOT encountered substantial bearish momentum over the last 24 hours, retreating from $3.76 to $3.56, or more than 5%, according to CoinDesk Research’s technical analysis model. The model showed that DOT initially demonstrated resilience, achieving an intraday high of $3.87 on July 31, yet subsequently confronted relentless selling pressure accompanied by pronounced volume surges … Read more
Internet Computer Protocol’s native token ICP declined 4.77% over the past 24 hours, slipping from $5.66 to $5.39 as sellers overwhelmed buyers during a period of intensified downward pressure. The asset traded within a $0.33 range between $5.68 and $5.35, reflecting 5.3% volatility, according to CoinDesk's technical analysis data model. The most decisive breakdown occurred … Read more
Meme-inspired cryptocurrency PEPE slipped nearly 5% in the last 24-hour period under a wave of liquidations and record-setting trading activity. The token dropped from $0.000012023 to $0.00001119 as bears overwhelmed attempts at recovery. At one point, trading volume spiked to 6.91 trillion tokens in a single hour, setting a ceiling near $0.000011692, according to CoinDesk … Read more
BONK, a Solana-based meme token, slid 14% in the last 24 hours, falling from $0.000035 to $0.00003096. The token experienced elevated volatility, with trading volume exceeding 2.39 trillion BONK, suggesting aggressive repositioning among institutional participants. Market resistance was established early around the $0.000036 level, where sell-side pressure surged, coinciding with order book data showing institutional … Read more
In an episode that underscores the vulnerability of global computer networks, hackers got ahold of login credentials for data centers in Asia used by some of the world’s biggest businesses, a potential bonanza for spying or sabotage, according to a cybersecurity research firm. The previously unreported data caches involve emails and passwords for customer-support websites … Read more
The crypto market is undergoing a period of price correction because of multiple macro-economic factors that are bringing volatility in the market. On Wednesday, July 10, Bitcoin showed a gain of over two percent, taking its value to $59,304 (roughly Rs. 49.5 lakh) on international exchanges like CoinMarketCap. On Indian exchanges, meanwhile, BTC managed to … Read more
PEPE shed nearly 3% in the past day as traders dumped tokens in unusually high volumes, underscoring renewed anxiety in the cryptocurrency space and significant profit-taking. PEPE fell 3% with volatility hitting 7.74%, according to CoinDesk Research’s technical analysis data model. The token saw peaks of $0.00001268 before tumbling to session lows around $0.00001169 early … Read more
PayPal has announced that its US business account holders can now buy, sell, and hold cryptocurrencies directly through their PayPal accounts. With this feature, the platform aims to explore the practical applications of cryptocurrencies for its users. Currently, the crypto sector is under regulatory scrutiny in several regions worldwide, as governments express concerns over the … Read more
Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together. Sony and Honda agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday. The plan is to bring together Honda’s expertise in mobility development, technology and sales … Read more
Key points: Bitcoin price losses near 2% on the day as 14-year-old coins suddenly move onchain. Explanations include an unsubstantiated claim linking the BTC wallets involved to creator Satoshi Nakamoto. Price comes for BTC longs as a result, with shorts massing above $110,000. Bitcoin (BTC) slipped beneath the key $108,000 level on Friday as transactions … Read more