Nasdaq-listed Forward Industries (FORD) said Thursday it has closed the $1.65 billion private investment in public equity (PIPE) deal to build out corporate crypto treasury […]
Category: Coindesk
Bitcoin’s Choppiness Index Continues To Climb, Potential Breakout Looms
Bitcoin’s continued volatility compression has intensified with what analyst Checkmate refers to as the “choppiness index,” a metric that gauges sideways price consolidation.Previous CoinDesk research […]
Avalanche Foundation Eyes $1B Raise to Fund Two Crypto Treasury Companies: FT
The Avalanche Foundation aims to raise $1 billion to create two crypto treasury companies holding millions of AVAX tokens, the Financial Times reported on Thursday. […]
Blockchain-Based Lender Figure Prices IPO at $25 Per Share, Raising Nearly $788M
Figure Technologies, a blockchain-focused lending platform founded by SoFi co-founder Mike Cagney, has priced its initial public offering at $25 per share, which would raise […]
Scroll DAO to Pause Governance Structure Amid Leadership Shake-Up, Redesign Plans
The Scroll decentralized autonomous organization (DAO) is set to “pause” its governance process after leadership resignations and confusion over live proposals, key DAO members discussed […]
Bull Trap Warning for Bitcoin, Dogecoin, XRP Emerges as S&P 500 Prints Rising Wedge; U.S. Inflation Eyed
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Major cryptocurrencies are looking bullish, with market leader bitcoin (BTC) exhibiting […]
Bitcoin Bulls Beware, South Korean Kospi Setting Record Highs Could Stop BTC’s Bull Run: Analyst
South Korea’s benchmark equity index, the Kospi, has reached a record high of 4,340 points, driven by prospects of shareholder-friendly policies and positive global market […]
Dogecoin Leads Gain, Bitcoin Pops to $114K as M2 Setup Opens BTC Catchup Trade
Bitcoin (BTC) traded around $114,200 in Asian morning hours Thursday, up 2.4% over 24 hours, as majors firmed into a heavy macro week. Ether (ETH) […]
XRP Breakout Fueled by Institutional Flows Targets $3.60 Mark
XRP pierced the $3.00 psychological threshold in a heavy-volume session that signaled strong institutional flows. The rally carried the token from $2.96 to $2.99 in […]
Asia Morning Briefing: Native Markets Leads Early Voting for Hyperliquid’s USDH Stablecoin Contract
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and […]