coindesk
52,191 views
42 Discussing
Hot
Latest
XRP keeps rally hope alive as price holds 38.2% Fibonacci level, DOGE uptrend ends
The XRP price is holding the 38.2% Fibonacci retracement of the November-January surge.
DOGE has dropped below the 61.8% retracement, signaling an end of the dogecoin rally.
Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels.
XRP reached a peak of $3.40 in mid-January and has since entered a downtrend, with the price dropping 25% this month to $2.28, according to data from #TraderProfile #Tradingveiw and #CoinDesk #write2earnonbinancesquare
The XRP price is holding the 38.2% Fibonacci retracement of the November-January surge.
DOGE has dropped below the 61.8% retracement, signaling an end of the dogecoin rally.
Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels.
XRP reached a peak of $3.40 in mid-January and has since entered a downtrend, with the price dropping 25% this month to $2.28, according to data from #TraderProfile #Tradingveiw and #CoinDesk #write2earnonbinancesquare
See original
❗️#Coindesk : a "death cross" has formed on #Ethereum — this potentially indicates the beginning of a major bearish trend.
#ETHETFsApproved #EthereumRollbackDebate
$ETH
#ETHETFsApproved #EthereumRollbackDebate
$ETH
Slabodka:
на крест что то не тянет
Donald Trump Shares CoinDesk's XRP Article on Truth Social, Spurring Bullish Sentiment.
Trading volume for XRP is up by 26% to $5.5 billion in the past 24 hours.
#TradingTales #CoinDesk
Trading volume for XRP is up by 26% to $5.5 billion in the past 24 hours.
#TradingTales #CoinDesk
💥Coindesk: The US Marshals Service 🇺🇸 can't confirm how much Bitcoin they hold.
🤔Huh? If so, how does Arkham know exactly how much Bitcoin the US government holds?
$BTC
#CoinDesk #arkham #BTC #BybitSecurityBreach #VIRTUALWhale
🤔Huh? If so, how does Arkham know exactly how much Bitcoin the US government holds?
$BTC
#CoinDesk #arkham #BTC #BybitSecurityBreach #VIRTUALWhale
See original
Wintermute Prepares to "Invade" America - Expectations for New Policy Under Trump
Wintermute, one of the largest market makers in the crypto space, is planning to expand into the US with the opening of a new office in New York and the launch of over-the-counter (OTC) trading products.
Why Wintermute Choose America?
📌 CEO Evgeny Gaevoy revealed to Bloomberg that #Wintermute is placing a new focus on the US market. They will expand OTC and derivatives trading services here.
Why Wintermute Choose America?
📌 CEO Evgeny Gaevoy revealed to Bloomberg that #Wintermute is placing a new focus on the US market. They will expand OTC and derivatives trading services here.
See original
SEC is Reviewing Grayscale's XRP ETF Application: A New Step for the Crypto Market?
The SEC (U.S. Securities and Exchange Commission) has officially recognized Grayscale's application for the XRP ETF, marking an important step toward the launch of the first XRP exchange-traded fund in the U.S. market.
An Important Procedural Step But Not Approval Yet
The recognition of this application is merely a procedural step in the review process and does not mean the ETF has been approved.
The SEC will have up to 240 days to make a final decision, starting 45 days after the application is published in the Federal Register.
An Important Procedural Step But Not Approval Yet
The recognition of this application is merely a procedural step in the review process and does not mean the ETF has been approved.
The SEC will have up to 240 days to make a final decision, starting 45 days after the application is published in the Federal Register.
👉👉👉 #coindesk ’s New Owner #bullish Replaces CEO in Restructuring
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
See original
Cardano ADA Drops 8%: Waiting for the "Trump Boost" for Bitcoin to Grow
The cryptocurrency market is having a volatile week as Bitcoin (BTC) continues to weaken, dragging major altcoins such as Cardano ($ADA ), Solana ($SOL ), Binance Coin (BNB), and Ethereum ($ETH ) down in price. Investors are now focusing on US economic data and the inauguration of President Donald Trump, which are expected to have a major impact on the market.
Cardano Leads the Downtrend
Cardano Leads the Downtrend
👉👉👉 Peter Thiel Made $200M Investment in $BTC , $ETH Before #Bullrun : Reuters
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
See original
Hong Kong will host at least 93 major events in the first half of next year, expected to bring in HKD 3.3 billion in consumption!
Recently, the Hong Kong government announced the event calendar for the first half of next year. Hong Kong's Deputy Financial Secretary, Huang Weilun, stated at a press conference that there will be at least 93 major events in the first half of next year, of which 14 will span this year, expected to attract 840,000 visitors, an increase of over 50% year-on-year, and is expected to bring in HKD 3.3 billion in consumption and HKD 1.8 billion in economic added value, representing an increase of 40% and 30% year-on-year, respectively.
These at least 93 events occurring in the first half of 2025 can be simply categorized into five categories. The largest number is cultural, artistic, and creative projects, with 30; followed by conferences and exhibitions, with 26; sports events with 15; and festivals, celebrations, performances, and carnivals with 12; financial, economic, and innovation-related events with 10.
These at least 93 events occurring in the first half of 2025 can be simply categorized into five categories. The largest number is cultural, artistic, and creative projects, with 30; followed by conferences and exhibitions, with 26; sports events with 15; and festivals, celebrations, performances, and carnivals with 12; financial, economic, and innovation-related events with 10.
See original
Bitcoin's Bad Start to Bullish October Continues, But There May Be Some Good Luck Ahead for the Bulls!
$BTC briefly dipped below $60,000, resulting in $144 million in liquidated bullish positions, despite historical data indicating October is the cryptocurrency's strongest month with gains averaging 22% since 2013.
Social sentiment on platforms like #X reflects bearish sentiment on Bitcoin's price recovery.
Social sentiment on platforms like #X reflects bearish sentiment on Bitcoin's price recovery.
Cryptocurrencies sharply reversed early gains during the U.S. trading session on Wednesday with bitcoin (BTC) dipping below $64,000 as a broad-market equity sell-off weighed on the digital asset market.
The leading cryptocurrency by market cap sold off 2% within an hour, dropping to as low as $63,890 after trading above $66,000 earlier in the session. At publishing time, BTC was trading at $64,000, down 0.5% over the past 24 hours.$BTC
#BinanceTurns7 #coindesk
The leading cryptocurrency by market cap sold off 2% within an hour, dropping to as low as $63,890 after trading above $66,000 earlier in the session. At publishing time, BTC was trading at $64,000, down 0.5% over the past 24 hours.$BTC
#BinanceTurns7 #coindesk
See original
Celebrating the 10th Anniversary of Consensus
Since 2015, Consensus has evolved from merely an event to an annual gathering of groups where the most influential companies in blockchain, digital assets, and Web3 come together to drive the industry forward.
In 2025, Consensus expands to Hong Kong, uniting East and West for critical dialogue and trading to determine the next steps forward.
Consensus is produced by the award-winning media outlet CoinDesk, fostering transformative ideas and sincere dialogue based on independent and objective journalism.
Don't miss this moment — join us for Consensus Hong Kong!
In 2025, Consensus expands to Hong Kong, uniting East and West for critical dialogue and trading to determine the next steps forward.
Consensus is produced by the award-winning media outlet CoinDesk, fostering transformative ideas and sincere dialogue based on independent and objective journalism.
Don't miss this moment — join us for Consensus Hong Kong!
Bitcoin Flat as Traders Look Forward to the 'Year of the Dragon'
Bitcoin (BTC) maintained a flat trajectory, hovering around $42,000 early on Monday, while the #coindesk 20 Index (CD20) experienced a 0.75% decline, reaching 1,643, according to CoinDesk Indices data. This movement coincides with the last working days before the Lunar New Year holiday in East Asia, where nations are preparing to celebrate the start of the Year of the Dragon, considered one of the luckiest and most prosperous animals in the Chinese Zodiac.
In anticipation of this Lunar New Year, CLSA, a Hong Kong-based brokerage firm, predicted market fluctuations for 2024, linking a calmer outlook to the Year of the Rabbit. Despite the cautionary advice, the market rebounded significantly in 2023, with Bitcoin surging nearly 94% and #Ethereum (ETH) rising by 47%.
The CoinDesk Market Index, outperforming the S&P 500 by fivefold, was largely attributed to Bitcoin's stellar performance, although Ethereum underperformed throughout 2023. Daniel Wang, CEO of Taiko, a zero-knowledge roll-up platform, sees potential for Ethereum's price performance in 2024, stating that the Year of the Dragon could open new doors for Ethereum, especially with the anticipated impact of ETFs and the awaited Dencun upgrade promising lower gas fees and faster transactions.
Lucy Hu, a Senior Analyst at Metalpha, points to the promising aspects of Bitcoin's halving and inflation control for prices in the Year of the Dragon. Despite the current sell-the-news effect in the #CryptoMarket , Hu expects the year to be one of the best performing, driven by controlled inflation and the upcoming Bitcoin halving event, fostering market confidence and leading to new heights.
In traditional finance, CLSA predicts a resurgence in equity markets in the second half of the year, dubbing it a year of volatility. Despite the anticipated market turbulence, CLSA reminds investors to seek professional advice rather than relying on celestial guidance.
Source - coindesk.com
#CryptoNews #BinanceSquareBTC $BTC
Bitcoin (BTC) maintained a flat trajectory, hovering around $42,000 early on Monday, while the #coindesk 20 Index (CD20) experienced a 0.75% decline, reaching 1,643, according to CoinDesk Indices data. This movement coincides with the last working days before the Lunar New Year holiday in East Asia, where nations are preparing to celebrate the start of the Year of the Dragon, considered one of the luckiest and most prosperous animals in the Chinese Zodiac.
In anticipation of this Lunar New Year, CLSA, a Hong Kong-based brokerage firm, predicted market fluctuations for 2024, linking a calmer outlook to the Year of the Rabbit. Despite the cautionary advice, the market rebounded significantly in 2023, with Bitcoin surging nearly 94% and #Ethereum (ETH) rising by 47%.
The CoinDesk Market Index, outperforming the S&P 500 by fivefold, was largely attributed to Bitcoin's stellar performance, although Ethereum underperformed throughout 2023. Daniel Wang, CEO of Taiko, a zero-knowledge roll-up platform, sees potential for Ethereum's price performance in 2024, stating that the Year of the Dragon could open new doors for Ethereum, especially with the anticipated impact of ETFs and the awaited Dencun upgrade promising lower gas fees and faster transactions.
Lucy Hu, a Senior Analyst at Metalpha, points to the promising aspects of Bitcoin's halving and inflation control for prices in the Year of the Dragon. Despite the current sell-the-news effect in the #CryptoMarket , Hu expects the year to be one of the best performing, driven by controlled inflation and the upcoming Bitcoin halving event, fostering market confidence and leading to new heights.
In traditional finance, CLSA predicts a resurgence in equity markets in the second half of the year, dubbing it a year of volatility. Despite the anticipated market turbulence, CLSA reminds investors to seek professional advice rather than relying on celestial guidance.
Source - coindesk.com
#CryptoNews #BinanceSquareBTC $BTC
Cryptocurrencies sharply reversed early gains during the U.S. trading session on Wednesday with bitcoin (BTC) dipping below $64,000 as a broad-market equity sell-off weighed on the digital asset market.
The leading cryptocurrency by market cap sold off 2% within an hour, dropping to as low as $63,890 after trading above $66,000 earlier in the session. At publishing time, BTC was trading at $64,000, down 0.5% over the past 24 hours.
#BinanceTurns7 #coindesk
The leading cryptocurrency by market cap sold off 2% within an hour, dropping to as low as $63,890 after trading above $66,000 earlier in the session. At publishing time, BTC was trading at $64,000, down 0.5% over the past 24 hours.
#BinanceTurns7 #coindesk
🚨 𝐁𝐔𝐋𝐋𝐈𝐒𝐇 𝐎𝐍 $𝐓𝐑𝐗 👀🚀
Trump's crypto project, World Liberty Financial, will buy $TRX token as per #CoinDesk
Earlier @Justin Sun孙宇晨 had invested $30 million in World Liberty Financial and became its largest investor.
If #worldlibertyfi buys $TRX , then it will be really big for $TRX . 🚀🚀
Is #TRX to $1 possible this cycle? 👇
Trump's crypto project, World Liberty Financial, will buy $TRX token as per #CoinDesk
Earlier @Justin Sun孙宇晨 had invested $30 million in World Liberty Financial and became its largest investor.
If #worldlibertyfi buys $TRX , then it will be really big for $TRX . 🚀🚀
Is #TRX to $1 possible this cycle? 👇
Solana DEX Jupiter's JUP Token to Debut With 1.35B Circulating Supply
The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.Jupiter, a Solana-based decentralized trading aggregator, is scheduled to launch its native token, JUP, through an airdrop on Wednesday at 10 a.m. EST.The token will have an initial maximum circulating supply of 1.35 billion, Jupiter's pseudonymous founder Moew said Tuesday in a forum post, downwardly revising the total number of coins available for trading from the previously decided figure of 1.7 billion.In other words, the token could begin trading with a market capitalization of around $700 million, considering the JUP-U.S. dollar perpetuals traded at 65 cents on Aevo at press time.Of the initial circulating supply of 1.35 billion, 1 billion coins are for airdrops, 50 million each for loans to market makers on centralized exchanges and liquidity pool needs, and 250 million for a launch pool. Airdrop refers to crypto projects distributing free new or existing tokens en masse to their communities to boost adoption.About 955,000 wallets that interacted with Jupiter before Nov. 2 are eligible for the JUP airdrop, according to data source Airdrop Official.#coindesk #Write2Earn $SOL
Login to explore more contents