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Trading

Markets

Solana Breaks $200 as Jito’s BAM Draws Bullish Bets

“Investors were bullish as the development would greatly enhance the efficiency of Solana transactions with more privacy and flexibility across the network,” one analyst said.

Solana sign (CoinDesk)

Markets

Conflux's CFX Price Doubles on Stablecoin Reveal, Upgrade Plans

Conflux is working with AnchorX and Eastcompeace Technology on a stablecoin pegged to the offshore yuan aimed at cross-border Belt and Road Initiative corridors.

Shanghai office blocks and a Chinese flag (asiastock/Shutterstock)

Markets

XRP Cools After ATH Surge, But Accumulation Zones Signal More Upside

The $3.34 floor remains the key level to hold if short-term bullish sentiment is to stay intact.

CoinDesk placeholder image

Markets

Satoshi-Era Bitcoin Whale Moves Final $4.8B to Galaxy Digital, Likely Prepping Sale

The latest tranche brings Galaxy’s wallet balance to 40,288 BTC, with no outbound activity recorded since the final whale transfer.

The dormant Bitcoin address tied to one of the network’s earliest whales has now moved its entire 80,000 BTC stash to trading desks, with the final 40,191 BTC (worth $4.8 billion) sent to Galaxy Digital on Friday — signaling a likely upcoming sale. Sending to exchanges or trading desks does not confirm a sale of crypto to stablecoins or other tokens, but large amounts of crypto are typically held in hard wallets instead of exchanges — which gives the market a reason to believe otherwise. Blockchain data from Arkham Intelligence indicates that the coins were transferred across 15 transactions to a Galaxy-labeled address starting at 5:41 p.m. ET, consolidating from four prior wallets into a single holding address prior to the transfer. pic The OG whale, who first acquired their bitcoin over 14 years ago, began reactivating on July 4, sending eight batches of 10,000 BTC to new addresses in their first movement since April 2011.  On Tuesday, they moved 40,010 BTC to Galaxy Digital, which has since begun routing coins to Coinbase, Gemini, Bitstamp, and several unlabeled addresses, indicating potential offloading via OTC desks. The latest tranche brings Galaxy’s wallet balance to 40,288 BTC, with no outbound activity recorded since the final whale transfer. The move comes as BTC trades just above $118,000 hovering near its recently set all-time high.

Markets

Ethereum's Biggest Wall Street Bull Ups Stock Sale to $6B to Power ETH Treasury

The firm says it may sell an additional $279 million from the previous authorization, alongside the new $5 billion issuance.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Markets

XRP Rockets 20% to Set Record Highs, With $10 Price Target in Play

“Long-term forecasts suggest $4.20–$10+ by 2030 if Ripple capitalizes on payment adoption,” one analyst said.

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

Markets

XRP Nears Record High of $3.40 as Futures Open Interest Hits $10B

The token has climbed more than 10% over the past 24 hours and 34% over the past seven days.

(Minku Kang/Unsplash+)

Markets

XRP Builds Higher Lows, $2.93 Breakout Would Signal Trend Shift

Resistance holds firm as price consolidates under $3 while treasury desks reload exposure.

(CoinDesk Data)

Markets

DOGE Plunges 10% Before Quick Recovery Rally on Institutional Volume Spike

Memecoin sees heavy two-way flows as whales drive both breakdown and reversal.

(CoinDesk Data)