This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) has finally surpassed a key resistance that limited recovery rallies earlier this year, after rising over 5% to $93,500 in 24 hours …
Rice Robotics and dog-themed utility project Floki will soon launch the Minibot M1, a Floki-branded AI-powered companion robot that works on the RICE AI platform. Floki will support the company in its blockchain push as it moves towards tokenizing …
Galaxy Digital (GLXY) said it deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the fast-growing artificial intelligence (AI) and high-performance computing (HPC) veri center industry. Under a new agreement …
Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to secure short-term funding for its ongoing expansion. The publicly traded mining firm said in a press …
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR) Traders shorting Strategy (MSTR), the bitcoin buyer whose share price gained 13% in March, may be struggling to find enough stock to repay the lenders who underpinned their …
Fundraising for sophisticated crypto investment vehicles has yet to fully experience the anticipated positive headwind of the Donald Trump presidency, according to a new report by the Crypto Insight Group. Momentum “remains positive but slower …
Scroll, the Ethereum layer-2 network, shared Wednesday that it has launched its Euclid upgrade, which the team called its most significant protocol transformation to date. According to Scroll Labs, a key consequence of the upgrade is that it …
The team behind the Symbiotic network, the restaking protocol meant to rival EigenLayer, shared Wednesday that it had raised $29 million in a Series A round. The funding will expand the current team and develop the protocol’s Universal Staking …
Almost all cryptocurrency firms should be compliant with anti-money laundering (AML) transparency rules this year, a set of requirements around the sharing of certain information about the originator and beneficiary of transactions known as “the …
Coinbase (COIN) has established the industry’s most scaled crypto trading platform with a domestic market share of around 66%, broker Benchmark said in a report Wednesday, while also initiating coverage of the stock. Benchmark assumed coverage of …