U.S. House of Representatives Republicans are forging ahead with legislation to establish regulations for U.S. crypto markets, dissecting that effort in a pair of hearings on Wednesday, but Democrats insist the complex bill is hurried, flawed and fails to address a chief complaint: their accusations that President Donald Trump is engaged in crypto corruption. The…
Opinion by: Jillian Friedman, chief operating officer, Symbiotic Since the Canadian federal election, there’s been little clarity on where this country is heading with digital asset innovation. Crypto regulation and policy didn’t make it into any of the parties’ campaign platforms. It’s a missed opportunity at a time when Canada needs swift action about whether…
Litecoin is clinging to key technical support around $89 as a mix of fundamental and macro developments shape its short-term outlook, according to CoinDesk Research’s technical analysis data model. The cryptocurrency traded in a tight range over the last 24 hours, testing lows near $88.92 before recovering. Despite forming a bearish head-and-shoulders pattern, volume support…
Key points: Bitcoin remains at risk of falling to $100,000, but the long-term picture remains intact. Focus shifts to select altcoins, which are on track to rise above their respective overhead resistance levels. Bitcoin (BTC) is holding near the $105,000 level, but the failure of the bulls to sustain the bounce on June 3 suggests…
Recent price action reveals TON’s struggle to maintain stability, with a failed breakout attempt at $3.22 followed by accelerated selling during peak trading hours, according to CoinDesk Research’s technical analysis model. The move comes as the broader market gauge, CoinDesk20 Index, remained flat. Technical indicators paint a potential bearish picture on the short-term timeframe as…
Key takeaways ChatGPT can simplify and accelerate crypto analysis by interpreting market data, summarizing sentiment and generating strategy templates. Real traders use ChatGPT for bot development, technical interpretation and backtest simulation, showing practical applications beyond theory. Its strength lies in augmenting, not replacing, human trading decisions, especially when paired with tools like TradingView and LunarCrush….
The line between traditional and crypto markets is actively being redrawn. As digital asset markets mature, the convergence of traditional finance (TradFi) and digital markets is accelerating, resulting in a more mature, institutional-grade ecosystem shaped by the frameworks, expectations and operational resilience that have historically characterized TradFi. Recent developments underscore a paradigm shift in how…
President Lee Jae-myung’s rise to South Korea’s highest office marks the return of a left-leaning populist with deep working-class roots and bold plans for institutional crypto integration. Though crypto was not directly mentioned in Lee’s inauguration speech on June 4 after the impeachment of his predecessor, Yoon Suk Yeol, Lee now leads the country with…
The cryptocurrency market continues to navigate choppy waters as global economic factors create ripple effects across digital assets. Cardano’s native cryptocurrency, ADA , demonstrated resilience, forming a V-shaped recovery pattern after finding strong support at $0.684 with significant buying volume overnight, according to CoinDesk Research’s technical analysis model. This recovery comes amid broader market uncertainty…
India-serving but Singapore-based crypto exchange WazirX is moving its operations to Panama after local courts declined to approve the firm’s restructuring plan. In an email sent to its users, WazirX shared recent redacted legal documents outlining the move. One of the documents revealed that WazirX’s parent company, Zettai, will move to Panama and rebrand. “Zettai…