TL;DR Macro: fear dominates; investors stay risk-off across crypto markets. Sector: BNB Chain mcap -4.9% WoW; large caps mostly red. Bright spots: small caps outperformed; builders shipped despite weak tape. It’s safe to say that the cryptocurrency market is in a difficult spot at the moment. Despite massive infrastructure improvements and institutional attention, the sector continues to underperform precious metals and equities. Per the CMC Crypto Fear and Greed Index, the market has been in a ...

Breakpoint announcements cap off another big week for Solana where TradFi meets internet capital markets. Market Overview Prices may be down across all of crypto, but Solana and its ecosystem keep on shipping. Look no further than the recently concluded Solana Breakpoint Conference in Abu Dhabi, and the fact that it survived the fourth-biggest DDoS attack in history with “zero impact.” Crypto charts remain gloomy, with Bitcoin struggling to bounce back after slipping 7% to $86,300. Degens were rekt, lo ...

Polkadot (DOT) crashed through critical support Wednesday, tumbling 3% to $1.83 as technical selling overwhelmed bullish USDC integration news. DOT broke decisively below the psychological $1.90 floor despite Coinbase (COIN) announcing direct Polkadot network support. Heavy distribution emerged during the final two trading hours, according to CoinDesk Research's technical analysis model, as the token collapsed from $1.93 to $1.82 and stop-losses cascaded through multiple support zones. The model showed ...

Bitcoin rebounds have weakened, and the coin’s price may drop as low as $60,000 in the short term, market watcher warns. Georgii Verbitskii, founder of the crypto investment platform TYMIO, told DL News that an extended period of consolidation or correction is a “likely scenario” for Bitcoin prices in the short term. “Despite the recent pullback into the $80,000 to $90,000 range, a deeper downside — including moves toward $70,000 or even $60,000 — cannot be ruled out,” he said. His comments come in the ...

If the terms “crypto” or “blockchain” make your eyes cross with confusion, you’re certainly not alone. One of the buzziest terms in contemporary finance, cryptocurrency can feel incredibly difficult to understand. Is it a digital currency? A stock? And why have so many people made memes about it? Check Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Read Next: 6 Safe Accounts Proven To Grow Your Money Up To 13x Faster Some of these questions are easier to answer than others, espe ...

If hundreds of publicly traded companies begin buying Bitcoin all at once, how can investors separate the winners from the losers? At its most basic, the industry’s answer was mNAV.“If you think about it, most of these [crypto treasury firms] originated by a reverse takeover,” she said “The SEC, under the prior administration, would never have signed off on these companies coming into existence.”Instead of pursuing a time-consuming public offering, many crypto treasury firms have stemmed from reverse merger ...

Bitcoin (BTC-USD) hovered near $86,000 on Wednesday as Wall Street remained wary of a meaningful rebound heading into the end of the year. Recent jitters over AI-related stocks and speculation over who will take over Fed Chair Jerome Powell’s position next year may be keeping a lid on prices. “For a while, the market was convinced that ultra-dove Kevin Hassett was a shoo-in for the next Fed Chair role, but now Kevin Warsh – a far more hawkish candidate – appears to be emerging as the frontrunner,” said N ...

Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: New React bug that can drain all your tokens is impacting 'thousands' of websites Ripple Expands $1.3B RLUSD Stablecoin to Ethereum L2s via Wormhole in Multichain Push Aave DAO Pushes Back as Interface Fees Shift Away From Treasury NFT Project Pudgy Penguins Takes Over Las Vegas Sphere in Holiday Campaign Unknown block typ ...

Binance (CRYPTO: BNB) is reassessing its U.S. strategy as co-founder Changpeng Zhao re-enters the public spotlight following a presidential pardon, signaling renewed interest in an American market the exchange once dominated.Zhao Signals Renewed Focus On U.S. Crypto MarketZhao, who no longer holds any formal role at Binance, has increasingly praised President Donald Trump's approach to digital assets and described the U.S. as central to the industry's future. Speaking earlier this month at Binance Blockchai ...

Crypto markets suffered major whipsaw action in morning U.S. trade, with bitcoin (BTC) in the space of a few minutes rallying from around $87,000 to above $90,000 and then back to the $87,000 area. The largest crypto was recently trading at $87,300, down by 0.5% over the past 24 hours after being higher by more than 3% minutes earlier. The quick decline happened alongside sharp losses for artificial intelligence-related  stocks, with Nvidia, Broadcom and Oracle suffering 3%-6% drops. The tech-centric Na ...