Shiba Inu (SHIB) is looking to establish a foothold above the 200-day simple moving average (SMA) as whales boost their dogecoin (DOGE) stash to a […]
Category: Coindesk
Senators Still Hopeful for Crypto Market Structure Law by End of Year
The U.S. Senate’s market structure bill should pass by the end of the year, leading lawmakers working on the effort said Wednesday, though efforts on […]
Kiln Exits Ethereum Validators in ‘Orderly’ Move Following SwissBorg Exploit
Kiln, a provider of staking services for institutions, said it started an “orderly exit” of all its Ethereum (ETH) validators, framing the move as a […]
Crypto Institutional Adoption Appears to Be in the Early Phases: JPMorgan
Institutional adoption of crypto still looks early, but momentum is building, according to a Wednesday report from Wall Street bank JPMorgan. Bullish’s (BLSH) August IPO […]
DOGE Eyes $0.28 as Dogecoin ETF Catalyst Leads to ‘Pennant Breakout’
Dogecoin rallied sharply during the September 9–10 session, reclaiming the $0.24–$0.25 range with volume surging above 1.5 billion tokens. The move comes as REX-Osprey prepares […]
Crypto is Bleeding Billions a Year. Traditional Finance Is Watching.
Crypto is superior to traditional finance. Unlike SWIFT, which can take days to process payments, newer blockchain networks achieve finality in mere seconds and have […]
LitFinancial Introduces Stablecoin on Ethereum to Streamline Mortgage Lending
Michigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the digital dollar movement is expanding beyond […]
‘The Ingredients Are All There’: Solana May Be Set to Soar, Says Bitwise
Solana has been a recent outperformer among major cryptos — ahead 24% over the past month — but that could just be precursor to an […]
Bitcoin Triggers Bullish Head and Shoulders Pattern. What Next?
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A softer-than-expected U.S. PPI pushed bitcoin (BTC) past $113,600, confirming the […]
Crypto Prices Buoyed by Soft PPI Data; Bitcoin Tops $113K
Soft U.S. inflation data for August is — at least temporarily — pushing crypto prices higher early Wednesday. The Producer Price Index (PPI), which measures […]