Category: Uncategorized
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Solana (SOL) Surges 5% on Heavy Volume and Strengthening DeFi Metrics
Global markets are navigating uncertain waters as trade tensions between major economies intensify, creating ripple effects across traditional and cryptocurrency markets. Against this backdrop, Solana has emerged as a standout performer, surging over 5% in a volatile 24-hour period and establishing new support above the crucial $180 level for the first time since February, according…
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JPMorgan’s Kinexys Connects With Public Blockchain on Ondo Chain Testnet Debut
JPMorgan (JPM) took its first step onto a public blockchain network through its Kinexys Digital Payments platform, settling a tokenized U.S. Treasury transaction on Ondo Chain’s testnet. The pilot, detailed in a press release shared with CoinDesk, marks the debut of a Delivery versus Payment (DvP) transaction on the testnet, a new layer-1 blockchain designed…
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CFTC Commissioner Mersinger to Be CEO at Blockchain Association
Summer Mersinger, one of the Republican commissioners at the Commodity Futures Trading Commission, will soon take over the Blockchain Association as its incoming chief executive, a top official at the association confirmed on Wednesday. The organization, one of the leading crypto lobbying voices in Washington, will be absent a leader when longtime CEO Kristin Smith…
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TRON’s TRX Surges 5% as It Overtakes Ethereum in USDT Circulation
The cryptocurrency market is showing mixed signals as geopolitical developments create both opportunities and challenges for digital assets. TRON’s TRX token demonstrated remarkable strength with a 4.8% rally over a recent 24-hour period, climbing from $0.264 to $0.276 before experiencing a slight correction. This uptrend coincided with TRON achieving a significant milestone by overtaking Ethereum…
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Coinbase CEO Brian Armstrong Invites Ex-DOGE Staff to Join Crypto Exchange
Coinbase CEO Brian Armstrong is offering a new home for staffers departing the U.S. government’s Department of Government Efficiency (DOGE). On social media, Armstrong encouraged former DOGE operatives to apply for roles at the crypto exchange through a fast-track hiring process. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today.…
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CoinDesk 20 Performance Update: Uniswap (UNI) Drops 6.8% as Index Declines
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3335.09, down 1.0% (-34.87) since 4 p.m. ET on Tuesday. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me…
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Surge in XRP, Dogecoin Futures Bets Signals Speculative Froth
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX,…
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Bitcoin Boom Likely as Bond Yields Surge – Yes, You Read That Correctly
Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets. However, recent persistent resilience in treasury yields suggests a different story — one driven by factors that could be bullish for bitcoin, according to analysts. STORY CONTINUES BELOW Don’t miss another story.Subscribe…
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Bitcoin May Be Headed Towards a 2021-Like Double Top
Bitcoin (BTC) has changed a lot in four years, distancing itself from shady centralized entities like FTX and emerging as the plat du jour among institutional investors. However, this month’s drive back into six-figures amid cooling tariff tensions is presenting a number of warning signs that appear eerily similar to the 2021 cycle high. In…
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Crypto Daybook Americas: Altcoins Rally as ‘Complacent’ Bitcoin Points to Renewed Volatility
By Omkar Godbole (All times ET unless indicated otherwise) Investors are still rotating money into altcoins, lifting valuations for ETH, RAY, ENA, MKR and other tokens while leaving bitcoin (BTC) little changed above $100,000. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Sign me up By…