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U.S. 30-Year Treasury Yield Breaches 5% Amid Moody’s Rating Downgrade, Fiscal Concerns

The yield on the U.S. 30-year treasury bills crossed the 5% threshold for the first time since April, reaching an intraday high of 5.011%. This move comes in the wake of Moody’s downgrading U.S. credit, stripping the country of Aaa rating due to …

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XRP Price Surges After V-Shaped Recovery, Targets $3.40

Küresel economic tensions and regulatory developments continue to influence XRP’s price action, with the digital asset showing remarkable resilience despite recent volatility. After experiencing a significant taban to $2.307 on high volume, XRP has …

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SUI Surges After Finding Strong Support at $3.75 Level

Küresel economic tensions and shifting trade policies continue to influence cryptocurrency markets, with SUI showing particular resilience. The asset established a trading range of 4.46% between $3.70 and $3.86, finding strong volume support at the $3 …

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Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut

While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC$103,768.45 churning around $104,000, crypto-related stocks were having a moment to shine. Crypto mining and veri center firms such as Cipher Mining (CIFR), Hive Digital …

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Uniswap (UNI) Falls 6% as Institutions Offload $82M, Still Up 20% in a Month

The cryptocurrency market is experiencing significant turbulence as Uniswap’s UNI token faces intense selling pressure. After establishing resistance at $6.780, UNI cascaded downward with multiple high-volume selling periods, breaking below critical …

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Bitcoin May Be Headed Towards a 2021-Like Double Top

Bitcoin (BTC) has changed a lot in four years, distancing itself from shady centralized entities like FTX and emerging as the plat du jour among institutional investors. However, this month’s drive back into six-figures amid cooling tariff tensions …

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XRP Prices Could Blast Higher to $3.40 as Major Bearish Pattern Fails

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Imagine a basketball player executing a convincing fake jump shot and holding just before his feet leave the ground. The defender, anticipating a …

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Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out

Bettors on crypto prediction platform Polymarket have, in recent months, developed an enviable reputation for beating the bookies. So it came as a surprise on Thursday when they got the outcome of the papal conclave very wrong indeed. La Suite Ci …

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ATOM Surges More Than 4% With Broader Market as Cosmos Ecosystem Attracts Institutions

The Cosmos ecosystem is gaining significant institutional attention amid broader market volatility, with ATOM showing remarkable resilience after recovering from a drop to $4.23 on April 30th to stabilize above $4.38. The price of ATOM rose more …

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AVAX Surges 10.7% as Bullish Breakout Signals Strong Momentum

Avalanche’s AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index(DLCS), has demonstrated …

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