BONK continued its explosive run, climbing 11% over the 24 hours ending July 8 with trading volume surpassing $1 billion. After plunging to $0.000021124, BONK staged a dramatic recovery and closed at $0.000022868. As of the latest reading, the token trades at
By Omkar Godbole (All times ET unless indicated otherwise) The one thing bitcoin (BTC) bulls constantly discuss is liquidity easing through Fed interest-rate cuts and the possibility of rates falling back to zero, just as in 2020-21. Back then, the zero rate
Hong Kong’s stablecoin licensing regime, set to begin on August 1, is drawing significant interest from the region’s financial and tech heavyweights, with local media in China reporting that over 40 applications have been received. But expectations are being tempered by the
Metaplanet (3350) is eyeing up “phase two” of its bitcoin treasury strategy, the Financial Times reported on Tuesday, citing an interview with CEO Simon Gerovich. Metaplanet, which has the largest corporate bitcoin stash outside of North America, will use BTC as collateral
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). Strategy (MSTR) now holds almost $65 billion in bitcoin (BTC), which makes it the 11th largest corporate treasury holder of bitcoin in the U.S. In its investor presentation for the
BlackRock’s iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin (BTC), according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark,
Crypto asset manager DigitalX (DCC) has locked in 20.7 million australian dollar ($13.5 million) from heavyweight crypto investors to deepen its focus on bitcoin (BTC). The placement attracted funding from Animoca Brands, UTXO Management and ParaFi Capital, alongside individual contributions from executives
Futures tied to XRP XRP are flashing positive signals as the payments-focused cryptocurrency looks to build bullish momentum. On Monday, cumulative open interest in XRP perpetual futures listed on major exchanges briefly rose to 800 million XRP, the most since Jan. 19,
Over the weekend, Bonk.fun overtook Pump.fun, the popular Solana token issuer, to become the leading launchpad in the market, claiming over 55% market share. This milestone is bumping up demand for BONK, the Solana-based token at the center of its ecosystem. New
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Shares in cryptocurrency exchange Coinbase recently rose to $380, reclaiming valuations last seen on its Nasdaq debut on April 15, 2021, according to data source TradingView. The