Category: Cryptocurrency
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a16z Bets Big on EigenLayer Again With $70M Token Buy to Back ‘EigenCloud’ Launch
Venture capital firm Andreessen Horowitz (a16z) has invested an additional $70 million in EigenLayer, Ethereum’s…
Bitcoin Cash-Bitcoin Ratio Smashes Triangle Pattern; HYPE Rally May Be Over
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole….
Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback
Polyhedra, a crypto protocol whose company reached unicorn status last year, is promising a buyback…
Crypto Daybook Americas: Institutions Pile In as Bitcoin’s Favorable Asymmetry Persists
By Omkar Godbole (All times ET unless indicated otherwise) Since Friday, cryptocurrencies, especially bitcoin BTC,…
XRP Jumps as Bulls Push Through Key Resistance Levels
XRP XRP climbed 3.6% over the last 24 hours, peaking at $2.33 before settling near…
‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers
After courtship with crypto industry, president now profits immensely from a sector he once said…
Polymarket Odds on U.S. Military Action Against Iran Slide as Trump Team Proposes Tehran Talks
Traders on decentralized betting platform Polymarket have scaled back expectations for U.S. military action against…
ARK Invest Offloads Over $50M in Circle Shares as Stock Extends Rally
Cathie Wood’s ARK Invest trimmed its holdings on its sizable Circle (CRCL) position Monday, selling…
XRP Hits 12-Year Milestone With Over 2,700 Whales, Holding Over 1M XRP, Onchain Data Show
The number of whale wallets holding large amounts of XRP XRP has increased to a…
Deribit Sees Strong Demand From Institutions, Volume on Its Block RFQ Tool Reaches $23B in Four Months
The institutionalization of cryptocurrencies is accelerating rapidly. Crypto derivatives exchange Deribit’s on-demand liquidity tool, the…