Popular meme-inspired cryptocurrency PEPE has seen a 7% drop in the last 24-hour period, while trading volumes topped 2.29 trillion tokens, according to CoinDesk Research’s technical analysis data model. The token slid from $0.00000995 to $0.00000931 during the sell-off, testing key technical support near the $0.0000093 mark. This zone briefly attracted buyers, but the broader…
This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. There’s very little reason to doubt bitcoin’s BTC$111,480.33 upward trajectory right now. Although the rally has paused over the last 24 hours, the steep, near-90-degree uptrend line from lows just under $ 110,000 is still holding strong. In fact, prices tested…
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price edged down a fraction of a percent in the past 24 hours to trade at $123,748 as of 4:29 a.m. EST, as VanEck says that BTC could be worth half as much as gold by its next halving, which…
Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum price has pumped 2% in the last 24 hours to trade at $4,665 as of 4:00 a.m. EST on a 30% increase in the daily trading volume to $45.26 billion. That ETH price move comes as crypto asset manager Grayscale…
Solana’s role in the race to capture tokenized markets won new attention this week when Bitwise CIO Matthew Hougan called it “the new Wall Street.” Speaking with Solana Labs’ Akshay Rajan on Oct. 2, Hougan said global financial leaders increasingly recognize the disruptive potential of stablecoins and tokenization. He noted that the heads of the…
FIL$2.3896 performed strongly over the last 24 hours with a 4% gain, according to CoinDesk Research’s technical analysis model. The model showed that the token advanced from a low of $2.25 to a high of $2.38. Sustained buying pressure persisted despite mid-session volatility around $2.31 support, according to the model. The recovery pattern reinforced the…
Join Our Telegram channel to stay up to date on breaking news coverage The Solana price has surged 7% in the last 24 hours to trade at $223 as of 4 a.m. on a 26% increase in daily trading volume to $9.04 billion. The SOL price rise comes as VisionSys announced a $2 billion Solana…
Eurozone inflation rose 2.2% YoY in September, core HICP steady at 2.3%, both aligned with economists’ forecasts. EZ manufacturing PMI improved to 49.5, signaling stabilization, while UK factory PMI held unchanged at 46.2. UK GDP stagnated in Q2, with households under inflation pressure and tax hike risks weighing on Sterling outlook. The EUR/GBP drops during…
Listen to the audio episode: Get The Complete Price Action Strategy Checklist! The Reality of Trading For A Living In episode 527 of the Desire To Trade Podcast, you will be listening to an interview with TraderNick as he opens up about what it really takes to trade for a living. From navigating volatile markets…
Core PCE inflation remains under 3%, boosting the probability of Fed rate cuts to nearly 90% into year-end. Dovish Fed voices highlight a fragile labor market, and Barkin warns that inflation and unemployment trends remain concerning. Euro steadies despite NATO–Russia tensions, with traders eyeing US jobs data and upcoming Eurozone inflation prints. EUR/USD recovers on…