When the globe’s top crypto marketplace by trading volume dropped support for a handful of stablecoins, reactions ranged from stunned disbelief to grudging applause — including from the issuer of the very largest stablecoin facing the boot. On Monday, Binance declared it would no longer facilitate trading of USD Coin (USDC), Paxos Dollar (USDP), and…
The crypto landscape has undeniably transformed since the catastrophic downfall of Sam Bankman-Fried’s FTX wiped out billions in investor capital back in 2023. Yet, industry veterans at the “Views From Wall Street to Crypto” panel during Consensus Hong Kong insisted the sector still has miles to go before achieving rock-solid resilience. Bridging Traditional Finance and…
In the whirlwind of global finance, cryptocurrency markets stand out as a relentlessly active playground, presenting a treasure trove of occasions for traders and investors hungry for opportunity. Our CoinDesk Trend Indicator toolkit is crafted to help crypto enthusiasts uncover fresh chances while skillfully navigating the inherent volatility and risks of this emerging asset realm….
“Wolf,” a widely-followed pseudonymous crypto guru on X, has laid out a bullish framework for Ethereum, signaling that the world’s second-largest cryptocurrency might soar to $13,000 as soon as Q4. Even if that’s the sky-high scenario, his more cautious estimate still envisions ETH comfortably cruising past $8,000—well over twice today’s price. Detailing his outlook in…
Daily rundown of leading CME-futures tokens by CoinDesk expert and Chartered Market Technician Omkar Godbole. Bitcoin — Eyeing Another Shot at Its All-Time Peaks The hourly chart of Bitcoin (BTC) reveals a recent breakout from a descending channel, with a fresh higher low forming near $117,000 earlier today. Coupled with this, price action has climbed…