ETH$4,017.82 led major cryptocurrencies lower during Thursday’s Asian trading hours, as odds of a U.S. government shutdown hit record highs on the decentralized betting platform Polymarket. The price of Yes-side shares for the betting contract “U.S. government shutdown in 2025?” rose to 77%, the highest since the contract’s launch in January. Traders are essentially pricing … Read more
Welcome to Trade Secrets — Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Bitcoin could finish 2025 above $173K, says history There’s a decent chance that Bitcoin will end the year above $173,000, … Read more
The cryptocurrency market wilted early Monday, with losses in bitcoin BTC$112,362.32, ether (ETH) and other major cryptocurrencies triggering the liquidation of leveraged bets worth $1.5 billion. The decline followed a supposedly dovish Fed interest-rate cut, which was expected to send the dollar index lower and encourage more risk-taking in crypto markets. “In recent days, there … Read more
Real-world assets (RWA) focused project Midas and Interop Labs unveiled mXRP, an attempt to channel dormant XRP supply into yield-bearing structures the could deliver returns as high as 8%. Announced at XRPL Seoul 2025 on Monday and pitched as the first liquid-staking product tied directly to the XRP ecosystem, the product is minted on XRPL’s … Read more
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. DXY vs BTC Last week, the Federal Reserve (Fed) delivered its first interest rate rate cut since December, while signaling more easing in the coming months. Yet, despite this dovish move, the dollar index (DXY), which tracks the greenback’s value against … Read more
XRP named Thailand’s top asset for nine straight months XRP delivered the strongest returns among all major asset classes in Thailand, soaring 390% year-on-year in August, according to the Thai Securities and Exchange Commission’s latest digital asset market report. Ethereum entered the top three by pushing out gold in August. (Securities and Exchange Commission) The … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The SEC, as market regulator, now couldn’t be more pro-crypto if it tried! On Thursday, a spot ETF tied to one of the least “serious” cryptocurrencies — dogecoin DOGE$0.2704 — debuted in the U.S. alongside payments-focused XRP. Unlike bitcoin BTC$116,244.78, ether (ETH) and stablecoins, which act … Read more
Spot exchange-traded funds (ETFs) tied to the payments-focused XRP XRP$3.0474 and the top meme token, dogecoin DOGE$0.2076, debuted in the U.S. on Thursday with a bang, drawing significant trading volume. The REX-Osprey XRP ETF, listed on the CBOE under the ticker XRPR, registered a trading volume of $37.7 million, marking the largest debut volume of … Read more
Investors piled into the first Dogecoin and XRP exchange-traded funds in the US on their debut trading day, blasting through analysts’ trading volume expectations. Bloomberg ETF analyst Eric Balchunas said on X that most new ETFs see around $1 million in trading volume, but the new crypto funds were “no slouch,” together seeing $54.7 million … Read more
Investors piled into the first Dogecoin and XRP exchange-traded funds in the US on their debut trading day, blasting through analysts’ trading volume expectations. Bloomberg ETF analyst Eric Balchunas said on X that most new ETFs see around $1 million in trading volume, but the new crypto funds were “no slouch,” together seeing $54.7 million … Read more