This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Strategy (MSTR) bears have pierced a key bull market support, leaving bitcoin (BTC) bears trailing behind. The technical breakdown centres around the Strategy share price's recent breach of its 50-week simple moving average (SMA). This SMA...

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

The stablecoin market has undergone a sharp expansion over the past year, with total supply climbing 72% to nearly $300 billion, according to data analytics platform Artemis. Much of that growth has been concentrated on Ethereum and Solana, with the recent launch of Plasma marking a milestone. More than $6...

ETH at $100,000 could mean a $12-trillion market cap. Explore ETF inflows, L2 scaling, staking dynamics and Ethereum’s resilience.

Crypto exchange Backpack said it is adding SEC-registered U.S. equities to its trading platform with Superstate, the blockchain finance startup led by Compound founder Robert Leshner. Announced on Wednesday, the deal embeds Superstate’s Opening Bell platform into Backpack, allowing non-U.S. users to trade tokenized shares of public companies onchain. With...

Bitcoin (BTC) mining firm Bitdeer Technologies (BTDR) jumped as much as 30% on Wednesday after announcing new steps to fast-track its expansion into high-performance computing (HPC) and artificial intelligence (AI) infrastructure. The Singapore-based company said it will directly manage development of its own AI data centers rather than rely on...

BTC’s technical setup suggests a potential price drop toward $74,000, as notable whales have stayed short. Is the top in for Bitcoin?