The crypto market remains under pressure ahead of the pivotal U.S. inflation data, which is expected to show the cost of living rose to a three-year high of over 4% in May. Tokens such as privacy-focused zcash (ZEC) and decentralized exchange Hyperliquid’s HYPE have each… Read More
Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin… Read More
In recent weeks, bitcoin BTC$62,136.50 sentiment has been most bullish when the price was highest and most bearish exactly when it was most stressed, according to Santiment data covering May 21 through June 4. Peak bullishness hit on May 22, with bitcoin near its high… Read More
NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that has seen the price of NEAR double in the past month. The move comes amid the success surrounding NEAR Intents, the network’s cross-chain transaction system. The product allows… Read More
Bitcoin BTC$77,389.41 was slightly higher on Monday as a sharp decline in oil prices helped lift Asian stock markets. At 6:35 UTC, the leading cryptocurrency by market value traded near $77,200, up 0.4% from midnight UTC, according to CoinDesk data. At that level, bitcoin was… Read More
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. The week’s main event for digital assets, the U.S. Clarity Act markup, is due later today. The crypto market, led by bitcoin, seems to be treating it as a non-event.… Read More
