Latest Crypto News

Markets

Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.

REX Shares has launched a first-of-its-kind convertible-bonds exchange-traded fund (ETF). (Unsplash)

Markets

Bitcoin Market Echoes Early 2022 as Onchain Stress Mounts: Glassnode

Rising bitcoin supply in loss, weakening spot demand and cautious derivatives positioning were among the issues raised by the data provider in its weekly newsletter.

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Markets

Dogecoin Activity Hits 3-Month High but DOGE Price Action Remains Range-Bound

DOGE network engagement surged to 71,589 active addresses — its highest reading since September — signaling improving chain activity despite muted price performance.

(CoinDesk Data)

Markets

XRP Sentiment Hits Extreme Fear as TD Sequential Flashes Early Reversal Signal

Social sentiment for XRP has collapsed to extreme fear levels, historically preceding short-term rebounds.

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Markets

Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Policy

State of Crypto: Wrapping Up the Month

Congress continues to make progress on crypto issues but things are moving slowly.

U.S. Congress (Jesse Hamilton/CoinDesk)

Finance

French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients

The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.

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Finance

Two Casascius Coins Holding 2K BTC Moved After 13 Years of Inactivity

The Casascius coins were designed as offline cold storage with embedded private keys, but the project was shut down in 2013 due to regulatory pressure from FinCEN.

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Markets

Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb

The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.

Coinbase

Markets

How Much Longer Until We Consider the Bitcoin Power Law Model Invalid?

As the gap between spot bitcoin price and the power law widens, investors are left questioning whether mean reversion is coming or if another cornerstone model is approaching its end.

CoinDesk

Opinion

The Grandma Test: When Your Mom Can Use DePIN, Mass Adoption Has Arrived

Mass adoption doesn't happen when crypto enthusiasts start using the technology: it happens when your grandma does it without even realizing it, argues Uplink co-founder Carlos Lei.

Grandma (Unsplash/CDC/Modified by CoinDesk)

Markets

Anthony Pompliano's Bitcoin Treasury Firm ProCap BTC Closes SPAC Merger Deal

Shares in the company fell more than 50% this week as the merger approval went forward.

Credit: Kevin McGovern / Shutterstock.com
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Finance

Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In

Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

LUNC Surges Over 160% in a Week as Do Kwon Sentencing and Token Burns Draw Traders

The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.

(Midjourney/CoinDesk)

Finance

Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds

Prior to MiCA, euro-denominated stablecoins' market cap contracted by 48% in the year leading up to June 2024.

Euro. (jojooff/Pixabay)

Markets

XRP Faces Downside Risk as Social Sentiment Turns Wildly Negative

The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside if risk appetite weakens across majors.

(Midjourney/Modified by CoinDesk)
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