Canadian Bitcoin lending company Bitcoin Treasury Corporation (BTCT) will officially resume trading on the Toronto Stock Exchange (TSX) Venture Exchange, TSX’s public venture capital marketplace for emerging companies. The company announced on Thursday that its common shares would be freely traded on the exchange from Monday under the ticker “BTCT,” with over 10 million shares…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A measure of XRP’s price volatility has crashed to the lowest level since President Donald Trump’s victory in the U.S. elections in November. Still, it’s not yet at the level which has historically presaged strong directional trends. XRP’s 30-day annualized…
Key points: Bitcoin long-term holder supply has increased by a record 800,000 coins over the past 30 days. Data shows that even a 750,000 BTC increase has only occurred six times in Bitcoin’s history. BTC price support hinges on supply with a cost basis above $93,000. Bitcoin (BTC) long-term holders are making history as they…
Sui is trading at $2.6481, down 2.03% in the past 24 hours, after rebounding from the $2.58–$2.60 support range during the June 26–27 session, according to CoinDesk Research’s technical analysis model. The bounce followed a steep intraday decline from $2.70 to $2.58 but was supported by renewed volume and improved sentiment tied to institutional interest….
Key takeaways: Ripple’s “multiple acquisitions” and XRPL upgrades back the bullish case for XRP. CME XRP futures hit $542.8 million in volume during the first month. Elliott Wave analysis and bull pennant suggest an XRP price breakout to $5-$14 XRP (XRP) price has been stuck within the $2.00 and $2.60 range since early March, with…
Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin for C$43 million ($31.6 million), launching an accumulation strategy aimed at building a robust digital asset treasury. The Toronto-based company said it viewed bitcoin as both a long-term reserve asset and a crucial part of its revenue model,…
Artificial intelligence-driven edtech firm Genius Group plans to distribute potential winnings from its multibillion-dollar lawsuits with shareholders and use a portion to expand its Bitcoin treasury, the company said. In a Thursday press release, the board of directors at Genius Group approved the distribution plan for repurposing any wins from two lawsuits, which seek combined…
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,…
Ether could see further upside in the coming weeks if it manages to hold above the crucial $2,400 level, according to a crypto analyst. “So far, so good for ETH,” MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday. ETH may see reversal that market has waited for “Holding…
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,…