A trader who made $38 million trading last week’s plasma (XPL) volatility secured another heft payday on Monday, profiting $250 million on the release world […]
Category: Coindesk
Gold Hits Record $3.5K as Whales Dump Lackluster BTC for Ether: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market action has been pretty muted in majors, mainly due to the quiet aftermath […]
Bitcoin’s 7 Day Average Hashrate Hits 1 ZettaHash for First Time
Bitcoin’s hashrate has reached 1 zettahash per second (1 ZH/s) on a seven day moving average for the first time, setting a new all time […]
Citi Says Stablecoins and AI Could Drive Post-Trade Shakeup
The global post-trade industry is entering a new phase of transformation driven by digital assets and AI, according to Citi’s latest “Securities Services Evolution” whitepaper. […]
BNB Chain-Based Venus Protocol Drained of $27M on Suspected Contract Compromise
Venus Protocol, one of the largest lending platforms on the BNB Chain, was hit by a suspected exploit on Tuesday with attackers seemingly draining an […]
Federal Reserve Rate Cut Could Spark a Revival in Bitcoin’s Basis Trade
The big question for bitcoin (BTC) is whether the basis trade, an attempt to profit from the difference between the spot price and the futures […]
Bunni DEX Halts Smart Contracts After Exploit Drains $8.4M Across Chains
Bunni, a decentralized exchange built on Uniswap v4’, paused all smart contract functions after a security breach drained an estimated $8.4 million in crypto. Blockchain […]
Metaplanet Shares Jump After Key Amendments
Metaplanet Inc (3350) shares gained more than 2.5% to 853 yen on Tuesday after investors approved key amendments at an extraordinary general meeting held on […]
Holders of Trump’s Crypto Token Targeted by Hackers in Phishing Exploit
Falling prices aren’t the only losses World Liberty Financial (WLFI) holders are facing just a day after the token went live for trading. Hackers are […]
XRP’s ‘Spinning Bottom’ Hints at Recovery Rally as BTC Takes Out Descending Trendline
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. XRP: Prints spinning bottom XRP (XRP) chalked out a “spinning bottom” […]
