Markets

Markets

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Defi Tokens Are Soaring, Leaving Behind OG Coins Like LTC, BCH and XMR

As bitcoin reaches a record high, tokens associated with DeFi and layer-2 networks are outperforming.

A space shuttle takes off on the back of a rocket. (WikiImages/Pixabay)

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Shiba Inu's 18% Monthly Price Gain Signals Potential Double Bottom Rally

Shiba Inu's price has rallied 18% this month, marking its best performance since November, driven by increased risk-taking in the crypto market.

SHIB's price. (CoinDesk)

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GMX Exploiter Return $40M Days After Hack, Token Zooms Higher

Attackers earlier this week exploited a re-entrancy flaw in the OrderBook contract, allowing the attacker to manipulate short positions on BTC, inflate GLP’s valuation, and redeem it for outsized profits.

Hacker working on two laptops (Azamat E/Unsplash)

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What’s Next for Ether, Solana, XRP and Other Majors as Bitcoin Clears $118K

“The BTC breakout marks a regime shift, and we expect altcoin dispersion to rise from here,” one trader said, with several trading desks expecting higher moves in major tokens.

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Bitcoin's 'Low Volatility' Rally From $70K to $118K: A Tale of Transition From Wild West to Wall Street-Like Dynamics

Bitcoin's recent bull run has been characterized by steady price increases and declining volatility, aligning more with traditional financial markets.

The BTC market has transformed to align more closely with Wall Street. (geralt/Pixabay)

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Bitcoin Hits New All-Time High at $116k, Nearly $1B Shorts Get Liquidated: Markets Liveblog

Analysts and longtime industry participants weigh in on how this week's bitcoin price action resembles — or differs from — past bull runs.

Roller coaster. (Shutterstock)

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Open Interest in XRP Options Nears $100M as High Volatility Draws Yield Hunters

Market sentiment is bullish, with positive risk reversals indicating a preference for call options.

XRP's notional open interest. (Deribit)

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BlackRock's Spot Ether ETF Registers Record Trading Volume of 43M Amid Net Inflows of $158M

The ETF has seen significant investor inflows, with over $1 billion collected since June, indicating bullish market sentiment for ether.

BlackRock HQ in New York City (Getty Images)

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Shiba Inu Smashes Triangle Pattern Against Bitcoin, But Looks Weak Against Dogecoin

Institutional trading drove significant SHIB price gains, with strong resistance at around $0.00001250, CoinDesk's AI research noted.

SHIB price. (CoinDesk)

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Bitcoin Bulls Increase Exposure as Trump's Pressure on Fed Pushes $15B Into BTC ETFs, Analyst Says

U.S.-listed spot bitcoin ETFs have attracted billions in investor capital over three months amid political pressure on the Federal Reserve to cut rates.

Under-positoned BTC bulls re-enter. (Obsahovka/Pixabay)