Bitcoin BTC is witnessing a notable resurgence in accumulation activity across all investor cohorts, with whale wallets leading the charge. According to recent data from Glassnode, the number of unique whale entities, defined as those holding at least 1,000 BTC, has risen from 1,392 to 1,417 over the past week. This marks one of the … Read more
NEAR Protocol demonstrated formidable resilience during the July 30-31 trading session, recovering sharply from mid-session lows of $2.52 to close at $2.73. The bounce—amounting to an 8.27% rebound—coincided with high-volume activity, particularly among corporate trading desks and institutional asset managers. Analysts interpret this as a sign of strategic accumulation, likely driven by growing confidence in … Read more
An early Telegram and toncoin (TON) user received a $25 million offer for the instant-messaging app's @crypto username on Wednesday, Telegram CEO Pavel Durov said in a post on the messaging system. The username was acquired for just $350,000 in 2023 and the holder of the username recently said: “If these can’t be taken away … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4105.18, up 5.0% (+194.55) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: AVAX (+16.2%) and HBAR (+11.9%).Laggards: LTC (+1.8%) and BTC (+1.8%). The CoinDesk … Read more
BONK has rallied 6%, recovering from earlier declines to reach $0.000036. The Solana-native meme coin traded in a wide 12% range, moving between $0.00003276 and $0.00003670, with pronounced volatility offering opportunity for accumulation by strategic buyers. Price momentum was strongest between 12:00 and 13:00 UTC on July 28, when BONK surged to its daily high … Read more
Bitcoin Cash (BCH) extended its recent rally on Sunday, rising 5.25% to $583.64 as of 08:54 GMT, according to CoinDesk data. The token has now gained 10.5% over the past week, 15.7% over the last two weeks and 17.3% over the past 30 days. Sunday’s breakout has caught the attention of several technical analysts, who … Read more
Hedera’s HBAR token surged nearly 12% on Friday, climbing to $0.2657 and outperforming every other top-20 cryptocurrency by daily percentage gain, according to CoinDesk Data. The rally followed an announcement by popular trading platform Robinhood that it had added support for the asset, increasing its exposure to a broad base of U.S. retail investors. The … Read more
Aptos' APT exhibited exceptional price volatility throughout the 24-hour trading period, establishing a comprehensive trading range of 5.4%, spanning from an absolute low of $4.53 to a session high of $4.79, according to CoinDesk Research's technical analysis model. The model showed that the period was highlighted by an explosive intraday rally at 14:00 on July … Read more
Ether extended its rally Thursday after BitMine Immersion Technologies (BMNR) announced that its holdings of the second most valuable cryptocurrency had surpassed $2 billion — just 16 days after closing a $250 million private placement to support its Ether treasury strategy. In a press release dated July 24, the Nasdaq-listed bitcoin mining firm said it … Read more
After a heavy bout of selling pressure during the early hours of July 24, ATOM demonstrated impressive resilience, rebounding from an intraday low of $4.47 to close the session at $4.77. The 7% swing within 24 hours—defined by a peak at $4.82 and a low at $4.47—was supported by heavy volume exceeding 2.28 million units, … Read more