coindesk
59,649 views
65 Discussing
Hot
Latest
According to CoinDesk Donald Trump and his family earned around $320 million through their official meme coin "$TRUMP ," despite its value dropping by 87%.
The coin was launched in January 2025, and its price surged in the early days but significantly declined afterward.
About 80% of the tokens were held by Trump-affiliated companies, CIC Digital LLC and Fight Fight Fight LLC, which earned approximately $350 million through token sales and trading fees. However, over 810,000 crypto wallets collectively lost around $2 billion due to the sharp decline in the coin's value.
Although no illegal activities were proven, the move raised ethical and political questions, especially given Trump's position as President and his influence over crypto policies.
This situation is an example of how investing in meme coins requires caution, as their prices are highly volatile. Often, the initial investors profit significantly, while those who join later face losses.
$TRUMP #CoinDesk
The coin was launched in January 2025, and its price surged in the early days but significantly declined afterward.
About 80% of the tokens were held by Trump-affiliated companies, CIC Digital LLC and Fight Fight Fight LLC, which earned approximately $350 million through token sales and trading fees. However, over 810,000 crypto wallets collectively lost around $2 billion due to the sharp decline in the coin's value.
Although no illegal activities were proven, the move raised ethical and political questions, especially given Trump's position as President and his influence over crypto policies.
This situation is an example of how investing in meme coins requires caution, as their prices are highly volatile. Often, the initial investors profit significantly, while those who join later face losses.
$TRUMP #CoinDesk
Binance Tops CoinDesk’s Exchange Benchmark Ranking
A total of 87 exchanges were assessed by CoinDesk Data during this process, with Binance in the leading position followed by Coinbase, Bitstamp and Kraken. Exchanges were evaluated across eight risk categories using over 100 metrics. These categories include KYC & transaction risk, security, market quality, transparency, and more.
This puts Binance's reputation even higher among the 270 million user base and the overall crypto community and solidified the #1 position.
#Binance #CoinDesk
A total of 87 exchanges were assessed by CoinDesk Data during this process, with Binance in the leading position followed by Coinbase, Bitstamp and Kraken. Exchanges were evaluated across eight risk categories using over 100 metrics. These categories include KYC & transaction risk, security, market quality, transparency, and more.
This puts Binance's reputation even higher among the 270 million user base and the overall crypto community and solidified the #1 position.
#Binance #CoinDesk
Binance Tops CoinDesk’s Exchange Rankings Once Again!
Binance has secured the #1 position in CoinDesk’s latest Exchange Ranking, leading in both spot and derivatives markets.
Out of 87 exchanges evaluated, Binance came out on top, followed by Coinbase, Bitstamp, and Kraken.
Exchanges were assessed across eight risk categories and over 100 metrics, including KYC & transaction risk, security, market quality, transparency, and more.
This recognition highlights Binance’s commitment to security, reliability, and user experience. With over 270 million registered users and a trading volume nearly 4x greater than the next largest exchange, Binance continues to dominate the global crypto landscape.
#CoinDesk #ExchangeRanking #Blockchain #CryptoNews
Reason for use #Binance
1. Easy-to-use
2. Alpha point
3. Number one crypto Exchange
4. Safety
5..... comment your reason for use
Binance has secured the #1 position in CoinDesk’s latest Exchange Ranking, leading in both spot and derivatives markets.
Out of 87 exchanges evaluated, Binance came out on top, followed by Coinbase, Bitstamp, and Kraken.
Exchanges were assessed across eight risk categories and over 100 metrics, including KYC & transaction risk, security, market quality, transparency, and more.
This recognition highlights Binance’s commitment to security, reliability, and user experience. With over 270 million registered users and a trading volume nearly 4x greater than the next largest exchange, Binance continues to dominate the global crypto landscape.
#CoinDesk #ExchangeRanking #Blockchain #CryptoNews
Reason for use #Binance
1. Easy-to-use
2. Alpha point
3. Number one crypto Exchange
4. Safety
5..... comment your reason for use
Binance Tops CoinDesk’s Exchange Benchmark Ranking: A Milestone Worth Celebrating
Binance has once again proven its leadership in the global crypto industry by securing the #1 position in CoinDesk’s latest Exchange Benchmark Ranking — in both spot and derivatives categories. This is more than just a title — it’s a strong validation of Binance’s unmatched scale, influence, and commitment to providing a secure, reliable, and innovative crypto trading platform.
As a Binance user and proud member of this amazing community, I’m thrilled to witness Binance leading the pack in such a competitive global landscape. With over 270 million registered users, Binance isn’t just the biggest exchange by trading volume — it’s also one of the most trusted.
What makes Binance stand out?
• A clean, intuitive user interface
• A constantly growing range of products
• Top-tier security and transparency
• An incredible and supportive community
CoinDesk evaluated 87 exchanges based on 100+ metrics across 8 key risk categories — from KYC & transaction risk to market quality, security, and transparency. The fact that Binance ranked highest across these metrics speaks volumes about its all-around excellence.
If you haven’t tried Binance yet, now’s the perfect time to create an account and see for yourself why it’s the #1 exchange in the world.
#Binance #Crypto #Web3 #CoinDesk #BinanceNumberOne
As a Binance user and proud member of this amazing community, I’m thrilled to witness Binance leading the pack in such a competitive global landscape. With over 270 million registered users, Binance isn’t just the biggest exchange by trading volume — it’s also one of the most trusted.
What makes Binance stand out?
• A clean, intuitive user interface
• A constantly growing range of products
• Top-tier security and transparency
• An incredible and supportive community
CoinDesk evaluated 87 exchanges based on 100+ metrics across 8 key risk categories — from KYC & transaction risk to market quality, security, and transparency. The fact that Binance ranked highest across these metrics speaks volumes about its all-around excellence.
If you haven’t tried Binance yet, now’s the perfect time to create an account and see for yourself why it’s the #1 exchange in the world.
#Binance #Crypto #Web3 #CoinDesk #BinanceNumberOne
IRS Crypto Heads Leave Agency After Taking DOGE Deals
Two key IRS officials working on #crypto just left the agency after barely a year on the job. Seth Wilks and Raj Mukherjee took voluntary buyout offers and resigned, according to people familiar with the situation.
Wilks, formerly at #TaxBit , and Mukherjee, who used to handle tax at ConsenSys and Binance.US, joined the IRS in February 2024 to help build out #crypto tax policies. They were involved in creating the new 1099-DA form and worked on compliance, enforcement, and industry coordination for digital assets.
They also helped draft tax rules for the crypto space. One big rule targeting DeFi brokers was finalized at the end of Biden’s term—but got tossed out by #Congress and signed off by $TRUMP earlier this year.
Wilks was leading digital asset strategy, while Mukherjee ran the #DigitalAssets office. Sources told #CoinDesk both had agreed to deferred resignations, which lined up with broader IRS staff cuts. Over 20,000 IRS employees signed up for the same exit plan, and many are now on leave until September.
$BNB
Wilks, formerly at #TaxBit , and Mukherjee, who used to handle tax at ConsenSys and Binance.US, joined the IRS in February 2024 to help build out #crypto tax policies. They were involved in creating the new 1099-DA form and worked on compliance, enforcement, and industry coordination for digital assets.
They also helped draft tax rules for the crypto space. One big rule targeting DeFi brokers was finalized at the end of Biden’s term—but got tossed out by #Congress and signed off by $TRUMP earlier this year.
Wilks was leading digital asset strategy, while Mukherjee ran the #DigitalAssets office. Sources told #CoinDesk both had agreed to deferred resignations, which lined up with broader IRS staff cuts. Over 20,000 IRS employees signed up for the same exit plan, and many are now on leave until September.
$BNB
Strategy Amplifies Bitcoin Holdings with $21B Equity Offering Amid Q1 Losses
Despite reporting a Q1 net loss of $4.2 billion, primarily due to a $5.91 billion unrealized loss on its cryptocurrency assets, Strategy (formerly MicroStrategy) is intensifying its Bitcoin investment strategy. The company announced a new $21 billion at-the-market equity offering aimed at acquiring additional Bitcoin$BTC , reflecting its unwavering confidence in the digital asset's long-term value.
Bitbo
+6
#reuters
+6
#CoinDesk
+6
As of April 28, 2025, Strategy holds 553,555 BTC, valued at approximately $37.90 billion, acquired at an average price of $68,459 per Bitcoin$BTC . In light of its aggressive acquisition strategy, the company has raised its 2025 BTC Yield target from 15% to 25% and its BTC $BTC Gain target from $10 billion to $15 billion.
#CoinDesk
+7
#Tokenpost
+7
Stock Titan
+7
CryptoRank
+1
Strategy
+1
This strategic move underscores Strategy's commitment to Bitcoin as a core treasury asset, even amidst market volatility. The company's leadership believes that such bold initiatives position it favorably for future growth in the evolving digital asset landscape.
Despite reporting a Q1 net loss of $4.2 billion, primarily due to a $5.91 billion unrealized loss on its cryptocurrency assets, Strategy (formerly MicroStrategy) is intensifying its Bitcoin investment strategy. The company announced a new $21 billion at-the-market equity offering aimed at acquiring additional Bitcoin$BTC , reflecting its unwavering confidence in the digital asset's long-term value.
Bitbo
+6
#reuters
+6
#CoinDesk
+6
As of April 28, 2025, Strategy holds 553,555 BTC, valued at approximately $37.90 billion, acquired at an average price of $68,459 per Bitcoin$BTC . In light of its aggressive acquisition strategy, the company has raised its 2025 BTC Yield target from 15% to 25% and its BTC $BTC Gain target from $10 billion to $15 billion.
#CoinDesk
+7
#Tokenpost
+7
Stock Titan
+7
CryptoRank
+1
Strategy
+1
This strategic move underscores Strategy's commitment to Bitcoin as a core treasury asset, even amidst market volatility. The company's leadership believes that such bold initiatives position it favorably for future growth in the evolving digital asset landscape.
See original
#TrendingTopic
Trump's advisor on cryptocurrency, Bo Hines, told CoinDesk that this week could finalize some major legislative strategy points for the cryptocurrency industry's efforts in Congress, and he believes that the two main cryptocurrency bills are still capable of meeting the deadline set by Trump in August.
Hines also defended the president's personal relationships with digital assets, saying they "do not harm in any way" the political efforts.
Hines will participate as a speaker at the Consensus 2025 conference in Toronto next month
#CoinDesk #TrendingTopic
Trump's advisor on cryptocurrency, Bo Hines, told CoinDesk that this week could finalize some major legislative strategy points for the cryptocurrency industry's efforts in Congress, and he believes that the two main cryptocurrency bills are still capable of meeting the deadline set by Trump in August.
Hines also defended the president's personal relationships with digital assets, saying they "do not harm in any way" the political efforts.
Hines will participate as a speaker at the Consensus 2025 conference in Toronto next month
#CoinDesk #TrendingTopic
👉👉👉 #coindesk ’s New Owner #bullish Replaces CEO in Restructuring
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
Amid a significant restructuring led by the crypto exchange Bullish, CoinDesk's longstanding CEO Kevin Worth has stepped down from his position. In his place, Sara Stratoberdha, who previously spearheaded business development for Bullish, has been appointed to lead CoinDesk.
Despite the change in leadership, CoinDesk will continue to operate as an independent subsidiary of Bullish, with Sara committed to upholding CoinDesk's journalistic independence and integrity, according to a spokesperson for CoinDesk.
The restructuring, which comes two months after Bullish acquired CoinDesk from its former owner Digital Currency Group, has resulted in several leadership changes within CoinDesk. Departures include Chief Operating Officer Elinor Hirschhorn, Vice President of Engineering John DeGuenther, and Executive Director of Global Strategy Emily Parker. Meanwhile, Chief Content Officer Michael Casey is in discussions with Bullish regarding a potential continued role with CoinDesk in a different capacity.
Employees of both CoinDesk and Bullish were informed of these changes through a memo issued by Bullish CEO Tom Farley. Farley stated that the restructuring aims to streamline CoinDesk's media, indices, and events businesses by implementing a flatter organizational structure. As part of the restructuring, certain CoinDesk functions, such as Human Resources, will now report to their counterparts at Bullish. Additionally, CoinDesk's tech and product teams will be integrated with Bullish.
In a statement shared with CoinDesk, Farley expressed gratitude towards Kevin Worth and the leadership team for their contributions to CoinDesk's evolution and successful integration with Bullish. He also expressed excitement about the opportunity for Sara and the CoinDesk leadership team to invest in and expand CoinDesk's media, events, and indices.
Source - coindesk.com
#CryptoNews #BinanceSquare
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
The Law Commission is seeking views on draft legislation to assign property rights to crypto and called for evidence for its project on digital assets and electronic trade documents.
The responses will determine the shape of legislation to be proposed to the government.
"Personal property rights are important for many reasons, including in the event of insolvency or where assets are interfered with or unlawfully taken," the commission said on Thursday.
"However, because digital assets differ significantly from physical assets, and from rights-based assets like debts and financial securities, they do not fit within traditional categories of personal property."
The Law Commission also called for evidence for its project on digital assets and electronic trade documents in private international law. The deadline for comments is May 16.
#Write2Earn #crypto #England #coindesk
👉👉👉 Peter Thiel Made $200M Investment in $BTC , $ETH Before #Bullrun : Reuters
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
Peter Thiel's Founders Fund has reportedly invested $200 million in bitcoin and ether, making a strategic move before the recent surge in cryptocurrency prices.
According to a report by Reuters, the investment firm, led by Thiel, seized the opportunity to purchase bitcoin when it was trading below $30,000. As the market gained momentum, Founders Fund expanded its portfolio with additional purchases of both BTC and ETH.
Thiel, a vocal advocate for bitcoin, has often criticized central banks and fiat currencies, attributing bitcoin's ascent to these concerns. He has previously expressed regret for not investing more in the digital asset during the 2021 bull run, suggesting a continued bullish outlook on cryptocurrency.
Interestingly, Founders Fund had previously divested most of its crypto holdings in March 2022, just before the onset of the so-called "crypto winter." This strategic move reportedly netted the firm $1.8 billion. However, this recent investment marks a renewed interest in the crypto market, reflecting Thiel's confidence in its long-term potential.
It's worth noting that Thiel's involvement in the crypto space extends beyond investments. He is also a supporter of Bullish, an institutional crypto exchange, which notably acquired #coindesk from Digital Currency Group in 2023.
In summary, Thiel's Founders Fund's substantial investment in bitcoin and ether underscores a strategic move to capitalize on the recent bullish trend in #cryptocurrency prices, reflecting Thiel's ongoing interest and confidence in the digital asset market.
Source - coindesk.com
#CryptoNews #BinanceSquare
See original
Pakistan Bets on Blockchain: Will Billion-Dollar Remittances Change the Landscape?
Pakistan, one of the largest remittance-receiving countries in the world, is considering using blockchain technology to revolutionize the process of transferring money from abroad. According to Bilal bin Saqib, senior advisor to the Finance Minister and member of the newly established Pakistan Cryptocurrency Council (PCC), blockchain could be the key to reducing costs and speeding up transactions. Could this move help Pakistan tap into the enormous economic potential from its overseas labor community?
CoinDesk 20 Index Takes a Hit – Crypto Market Faces Volatility! 🚨
The #CoinDesk 20 Index is feeling the heat, dropping 3.3% to 2571.75, shedding 88.79 points since Monday afternoon. With all 20 assets in the red, this decline signals a rough patch for the crypto market.
🔍 Winners & Losers in the Chaos
✅ Survivors: APT (-0.2%) and BCH (-0.7%) managed to keep losses minimal.
❌ Biggest Losers: LTC (-5.6%) and FIL (-5.5%) took heavy hits, leading the decline.
💡 What This Means for Crypto Investors
🔹 Market-wide pressure – The downturn shows uncertainty across major assets, making investors cautious.
🔹 Volatility at play – Sharp fluctuations remind us that crypto markets are highly unpredictable.
🔹 Strategic moves needed – As markets shift, traders must watch trends closely and position themselves wisely.
The #CoinDesk 20 Index is a key market indicator, giving insights into global crypto trends. With investors on high alert, the next moves in the market could be critical. Will this dip be a buying opportunity, or is more turbulence ahead? 🚀
$BTC
#BMTOnBinance #BinanceAlpha2.0 #crypto
The #CoinDesk 20 Index is feeling the heat, dropping 3.3% to 2571.75, shedding 88.79 points since Monday afternoon. With all 20 assets in the red, this decline signals a rough patch for the crypto market.
🔍 Winners & Losers in the Chaos
✅ Survivors: APT (-0.2%) and BCH (-0.7%) managed to keep losses minimal.
❌ Biggest Losers: LTC (-5.6%) and FIL (-5.5%) took heavy hits, leading the decline.
💡 What This Means for Crypto Investors
🔹 Market-wide pressure – The downturn shows uncertainty across major assets, making investors cautious.
🔹 Volatility at play – Sharp fluctuations remind us that crypto markets are highly unpredictable.
🔹 Strategic moves needed – As markets shift, traders must watch trends closely and position themselves wisely.
The #CoinDesk 20 Index is a key market indicator, giving insights into global crypto trends. With investors on high alert, the next moves in the market could be critical. Will this dip be a buying opportunity, or is more turbulence ahead? 🚀
$BTC
#BMTOnBinance #BinanceAlpha2.0 #crypto
#CongressTradingBan
This doesn't harm those people who invite others to invest. The real impact won't be on them. The real risk is only for those whose investments are not transparent or who are in it for short term gain.
But if your investment is clean and you're in a long term project then there's not much to worry about.
What you need to do
Keep an eye on the news
Follow updates on #Binance #CoinDesk and #cointelegrapy
Avoid short term hype and schemes in this situation
Focus on transparent and utility based projects like RWA
DePIN just like what $SOL is doing.
This doesn't harm those people who invite others to invest. The real impact won't be on them. The real risk is only for those whose investments are not transparent or who are in it for short term gain.
But if your investment is clean and you're in a long term project then there's not much to worry about.
What you need to do
Keep an eye on the news
Follow updates on #Binance #CoinDesk and #cointelegrapy
Avoid short term hype and schemes in this situation
Focus on transparent and utility based projects like RWA
DePIN just like what $SOL is doing.
See original
Cardano ADA Drops 8%: Waiting for the "Trump Boost" for Bitcoin to Grow
The cryptocurrency market is having a volatile week as Bitcoin (BTC) continues to weaken, dragging major altcoins such as Cardano ($ADA ), Solana ($SOL ), Binance Coin (BNB), and Ethereum ($ETH ) down in price. Investors are now focusing on US economic data and the inauguration of President Donald Trump, which are expected to have a major impact on the market.
Cardano Leads the Downtrend
Cardano Leads the Downtrend
See original
Hong Kong will host at least 93 major events in the first half of next year, expected to bring in HKD 3.3 billion in consumption!
Recently, the Hong Kong government announced the event calendar for the first half of next year. Hong Kong's Deputy Financial Secretary, Huang Weilun, stated at a press conference that there will be at least 93 major events in the first half of next year, of which 14 will span this year, expected to attract 840,000 visitors, an increase of over 50% year-on-year, and is expected to bring in HKD 3.3 billion in consumption and HKD 1.8 billion in economic added value, representing an increase of 40% and 30% year-on-year, respectively.
These at least 93 events occurring in the first half of 2025 can be simply categorized into five categories. The largest number is cultural, artistic, and creative projects, with 30; followed by conferences and exhibitions, with 26; sports events with 15; and festivals, celebrations, performances, and carnivals with 12; financial, economic, and innovation-related events with 10.
These at least 93 events occurring in the first half of 2025 can be simply categorized into five categories. The largest number is cultural, artistic, and creative projects, with 30; followed by conferences and exhibitions, with 26; sports events with 15; and festivals, celebrations, performances, and carnivals with 12; financial, economic, and innovation-related events with 10.
See original
Bitcoin's Bad Start to Bullish October Continues, But There May Be Some Good Luck Ahead for the Bulls!
$BTC briefly dipped below $60,000, resulting in $144 million in liquidated bullish positions, despite historical data indicating October is the cryptocurrency's strongest month with gains averaging 22% since 2013.
Social sentiment on platforms like #X reflects bearish sentiment on Bitcoin's price recovery.
Social sentiment on platforms like #X reflects bearish sentiment on Bitcoin's price recovery.
XRP keeps rally hope alive as price holds 38.2% Fibonacci level, DOGE uptrend ends
The XRP price is holding the 38.2% Fibonacci retracement of the November-January surge.
DOGE has dropped below the 61.8% retracement, signaling an end of the dogecoin rally.
Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels.
XRP reached a peak of $3.40 in mid-January and has since entered a downtrend, with the price dropping 25% this month to $2.28, according to data from #TraderProfile #Tradingveiw and #CoinDesk #write2earnonbinancesquare
The XRP price is holding the 38.2% Fibonacci retracement of the November-January surge.
DOGE has dropped below the 61.8% retracement, signaling an end of the dogecoin rally.
Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels.
XRP reached a peak of $3.40 in mid-January and has since entered a downtrend, with the price dropping 25% this month to $2.28, according to data from #TraderProfile #Tradingveiw and #CoinDesk #write2earnonbinancesquare
Cryptocurrencies sharply reversed early gains during the U.S. trading session on Wednesday with bitcoin (BTC) dipping below $64,000 as a broad-market equity sell-off weighed on the digital asset market.
The leading cryptocurrency by market cap sold off 2% within an hour, dropping to as low as $63,890 after trading above $66,000 earlier in the session. At publishing time, BTC was trading at $64,000, down 0.5% over the past 24 hours.
#BinanceTurns7 #coindesk
The leading cryptocurrency by market cap sold off 2% within an hour, dropping to as low as $63,890 after trading above $66,000 earlier in the session. At publishing time, BTC was trading at $64,000, down 0.5% over the past 24 hours.
#BinanceTurns7 #coindesk
Login to explore more contents