Opinion by: Jean Rausis, co-founder of SmarDex Decentralized finance (DeFi) began with a clear vision: to enable a global, permissionless financial system built on peer-to-peer (P2P) transactions, free from the constraints of traditional finance (TradFi). Early decentralized lending platforms embraced that vision by connecting lenders and borrowers directly, allowing them to negotiate their terms without…
AVAX broke through key resistance levels on high volume, establishing new support zones around $21.30 as traders navigate complex market conditions influenced by international trade disputes and monetary policy speculation. Technical Analysis • AVAX climbed from $20.52 to $21.31, representing a 3.8% gain with a total range of $1.28 (6.2%). • Price formed a clear…
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….
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,…
Tether has moved a combined 37,229.69 Bitcoin, worth approximately $3.9 billion, to addresses linked to the new Bitcoin-native financial platform, Twenty One Capital, led by Strike CEO Jack Mallers. Tether CEO Paolo Ardoino posted two transfers totalling 11,417 BTC ($1.2 billion) in a June 3 X post. In one transaction, the stablecoin issuer transferred 10,500…
Stablecoin issuer Tether has announced a strategic investment in Orionx, a cryptocurrency exchange based in Chile that operates in Peru, Colombia, and Mexico. The investment closes Orionx’s Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by Bitfinex, Tether’s sister company. Tether will…
Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges. Illicit actors bribed the exchange’s overseas customer service agents in December 2024 to gain access to the personal information of 70,000 users. In May, Coinbase admitted that hackers had obtained data such as government-issued ID photos…
By Omkar Godbole (All times ET unless indicated otherwise) The cryptocurrency bull run has stalled since bitcoin (BTC) hit a record high above $110,000 last month. However, corporate adoption continues at a brisk pace. Shares in Norway-based crypto exchange Norwegian Block Exchange surged over 100% early today after the company disclosed the purchase of six…
Key takeaways: Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price. After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders. Bitcoin’s (BTC) price trades 6% below its all-time highs of $111,900, and traders warn the…
Ether extended its rally Monday as institutional demand surged and exchange supply dropped to a multi-year low. The asset climbed as high as $2,650.18 before easing to around $2,617, where it currently trades, according to CoinDesk Research’s technical analysis data model. Despite the minor retracement, ETH remains one of the best-performing major tokens this week,…