The Bitcoin Iceberg: Buyers Await Beneath The Bearish Surface

The bitcoin (BTC) market resembles an iceberg at the moment, with the surface revealing a dominance of sellers that paints an overtly bearish sentiment. However, at deeper levels beneath the surface, bargain hunters are quietly waiting to snap up coins and potentially put a floor under prices. On the major spot and perpetual futures exchanges, […]

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Polymarket’s Customer Data Sought by CFTC Subpoena of Coinbase, Source Says

Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data. Copies of the emails shared with some customers have circulated on

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Crypto for Advisors: 2025 Outlook

In today’s issue, Leo Mindyuk from MLTech provides a crypto outlook for 2025 and highlights key factors that could drive the adoption of these assets. Then, Miguel Kudry from L1 Advisors shares his insights on the topic in Ask and Expert. –Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets

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CoinDesk 20 Performance Update: RNDR Falls 5.1% as Nearly All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3298.7, down 2.2% (-74.23) since 4 p.m. ET on Wednesday. One of 20 assets is trading higher. Leaders: LTC (+1.9%) and POL (-0.3%). Laggards: RENDER (-5.1%) and ICP (-5.1%).

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MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC

MANTRA, a layer-1 blockchain designed for tokenized real-world assets (RWA), entered an agreement with United Arab Emirates-based property conglomerate DAMAC Group to bring at least $1 billion of the firm’s assets to blockchain rails, the companies announced Thursday in a press release. The deal will allow investors to finance DAMAC’s portfolio companies spanning across various

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Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot

The new year kicked off on a happy note with bitcoin (BTC) moving towards $100,000, putting behind the weak price of December. Amid the cheer, CoinDesk warned against being too optimistic, noting the undercurrents of sellers looking to reassert themselves. A week later, BTC has pulled back to $93,000 after failing to keep gains above

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Market Fears of Potential Selling Pressure From Possible Silk Road Sale is Overblown: Van Straten

For the outside world, bitcoin (BTC) dropping $10,000 to $92,000, in a matter of days could signal the end of the bull run. A caveat to this could be that bitcoin continues to consolidate below a key psychological $100,000 threshold. Unconfirmed reports from DB News suggest that the Department of Justice (DOJ) has been given

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