The LINK token from Chainlink, the decentralized oracle network built on Ethereum, is soaring more than 10% Monday amid new partnerships with traditional financial institutions.LINK climbed to $6.83 on Monday, gaining just over 10% over the past 24 hours, outperforming the wider crypto market. Bitcoin also gained on the day by 3%. Fundstrat analyst Tom…
Shaurya MalwaShaurya 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,…
Celsius will be shipping out more than $3 billion to its creditors as the firm’s bankruptcy is officially closed.Apart from the cash, creditors will get a stake in the newly formed Ionic Digital Inc. mining operation, the company said in a statement on Wednesday. About 98% of Celsius Network’s creditors signed off on the plan…
A slow bleed in crypto since late in the weekend accelerated into the early evening U.S. hours on Monday, leaving nearly the entirety of the sector sharply lower.With prices in quick retreat, bitcoin (BTC) at press time had fallen back to just above $95,000, down about 5% over the past 24 hours. Ether (ETH) was…
In the ever-evolving world of cryptocurrencies, today brought a mix of intriguing developments that are sure to capture the attention of both crypto enthusiasts and traditional finance professionals. From Bitcoin’s resurgence on the back of weak Chinese economic data to the buzz around PayPal’s stablecoin, here’s a comprehensive roundup of the day’s most significant crypto…
You’re sitting at your desk with your head in your hands. Darn it! Yet again, another loss. The crypto market once again caught you out, and you’re wondering why trading cryptocurrency is so hard.You love crypto and desperately want to master crypto trading. Still, you’re considering you might be more successful in white water rafting…
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital…
Blockchain Council February 17, 2025 Introduction In the world of cryptocurrency, understanding how to read crypto charts is essential for traders and investors alike. Technical analysis (TA) is a tool that enables market participants to predict future price movements based on historical price data, volume, and other technical indicators. Whether you’re just getting started or…
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital…
Timeframes for Crypto Charts Timeframes for crypto charts range from seconds, minutes, hours, to weekly and even monthly, so that you can get a sense of both what’s happening in the moment and also the larger trends. Timeframes of crypto charts align to different trading strategies, most simply short-term and long-term traders. Long-term traders usually…