Ethereum price attempted a fresh increase above $2,600. ETH is now trimming gains and might struggle to stay above the $2,500 support. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,575 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,525 on…
Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to…
The conflict has sparked interest among punters, even as the odds of a U.S. strike against Iran on Polymarket fall. The conflict has sparked interest among punters, even as the odds of a U.S. strike against Iran on Polymarket fall. Markets Decrypt
Paradigm’s chief legal officer and general counsel said if Roman Storm is found guilty, it could slow future software development in the crypto and fintech industries. Paradigm’s chief legal officer and general counsel said if Roman Storm is found guilty, it could slow future software development in the crypto and fintech industries. Cointelegraph.com News
Ethereum (ETH) grabbed fresh attention on June 16 as futures open interest climbed to a yearly high of $36.56 billion. Prices bounced back above $2,600 and hovered near a key resistance level that has held for months. Traders piled into new positions, setting the stage for a big move in either direction. Futures Open Interest Hits Yearly…
Bitcoin price started a fresh increase and tested the $108,800 zone. BTC is struggling to rise further and is correcting gains below $108,000. Bitcoin started a fresh increase above the $107,000 zone. The price is trading above $106,800 and the 100 hourly Simple moving average. There was a break below a bullish trend line with…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Analysis As Asia begins its trading day, Tron DAO’s TRX token…
Bitwise Asset Management’s European research arm argues that the sharp sell-off that followed last week’s military escalation between Iran and Israel is likely to give way to a powerful relief rally in Bitcoin, echoing the cryptocurrency’s behaviour after earlier geopolitical shocks. In its 16 June weekly newsletter Bitwise Europe points to a “Chart of the…
The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2. The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2. Cointelegraph.com News
Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Cointelegraph.com News
