Bitcoin’s Potential ‘Head and Shoulders’ Pattern Points to a Sell-Off to $75K: Godbole
After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this…
Category: CoinDesk
Agora’s Nick van Eck Is All-In on Stablecoins
Having travelled extensively through many emerging markets, Nick van Eck, the CEO and co-founder of stablecoin issuer Agora, is keenly aware of the problems that…
AI Tokens Fail to Mirror 2024’s Epic Surge Despite Bullish Nvidia Conference
Artificial intelligence (AI) crypto tokens are failing to live up to their lofty 2024 goals despite Nvidia’s (NVDA) recent conference sparking bullish sentiment among AI…
Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten
Since the November 5 election of Donald Trump to the U.S. presidency, bitcoin (BTC) is up around 47%, sharply outperforming the S&P 500’s 4% advance.…
U.S. CFTC Chair Behnam Makes Departure Official, Stepping Down on Inauguration Day
With a formal departure announcement from U.S. Commodity Futures Trading Commission Chairman Rostin Behnam, January 20 is now the official last day of both heads…
Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations
Crypto markets stumbled with bitcoin (BTC) losing the $100,000 level on Tuesday U.S. morning as two stronger-than-expected U.S. economic data prints threw cold water on…
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous nation on the…
Why Ether Could Outperform Bitcoin in 2025
Ether spent most of 2024 trailing behind its cryptocurrency peers but has now firmly joined the rally sparked by bitcoin’s record-breaking climb, crossing the $4,000…
CoinDesk 20 Performance Update: POL and LINK Each Fall 3.1% as Index Declines
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…
Ripple Aims to Boost RLUSD Stablecoin’s DeFi Utility with Chainlink Standard
Ripple, an enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said Tuesday that it will use data provider Chainlink’s (LINK) services to better…