A group of Democratic senators in the US Congress has signaled its intention to work with Republicans on advancing legislation to establish a digital asset market structure framework. In a Friday statement, 12 Democrats, including members of the Senate Banking Committee and Senate Agriculture Committee, issued a statement ahead of an expected vote on a … Read more
Stellar’s XLM demonstrated notable resilience during the 24-hour session from Sept. 17, 17:00 to Sept. 18, 16:00 (UTC), trading within a $0.02 corridor between $0.38 and $0.40. The asset showed a sharp recovery following early weakness, with strong volume-driven advances at $0.39 around 19:00 and again at $0.40 near 15:00. Transaction volumes of 40.04 million … Read more
Stellar’s XLM token saw a sharp rally during a 23-hour period between September 8 and 9, advancing 4% from $0.37 to $0.38 on heavy institutional flows. Trading volume surged to 90.25 million tokens at the September 9 breakout, more than double the 24-hour average, according to market data. A Wall Street proprietary trading desk highlighted … Read more
Options data from Deribit reveals a striking divergence in sentiment for major cryptocurrencies, with bullish positioning in XRP XRP$2.8845 and solana (SOL contrasting with lingering downside fears in bitcoin (BTC) and ether (ETH). As of the time of writing, XRP call options or bullish bets were pricier than puts across all tenors, according to data … Read more
Dogecoin staged sharp price swings during the September 5–6 trading window, rising nearly 1% as volume jumped 29% above weekly averages. A midday selloff to $0.213 was quickly absorbed by buyers, underscoring institutional support and ETF-driven speculation. Traders now view $0.22 as the key breakout threshold that could define near-term momentum. News Background • Dogecoin … Read more
Hedera’s native token, HBAR, showed signs of bullish momentum over the past 24 hours, gaining 3% while weathering moderate market turbulence. Between September 2 at 15:00 and September 3 at 14:00, the digital asset advanced from $0.22 to finish near session peaks, with its trading range spanning 5% of the period’s low. The move came … Read more
Key points: Bitcoin short-term holders are at the center of an “oversold” signal seen only twice in the past year. Both occasions marked long-term BTC price bottoms within the current bull market. Bitcoin RSI signals on low timeframes continue to hint at a bullish market reversal. Bitcoin (BTC) has printed a new signal that has … Read more
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is trading just below $110,000 after another failed bounce, down … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$111,316.27 has retraced to roughly where it was before Federal Reserve Chair Jerome Powell’s dovish remarks on Friday, which briefly sparked a rally in U.S. stocks and cryptocurrencies. The reversal in BTC price has paused ether’s rally and triggered losses across the broader altcoin market. … Read more
Bitcoin BTC$112,738.67 fell below $111,000 during the overnight trade, reversing Friday’s spike caused by Fed Chair Powell’s dovish speech, as a whale sold into illiquid market conditions. The cryptocurrency’s price fell by over 2% from $114,666 to $112,546 in under ten minutes to 07:40 UTC. The so-called flash crash occurred when a single whale sold … Read more