This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.The ratio between the per-piece dollar price of bitcoin and gold's (XAU) per-ounce dollar-denominated price…
Amidst a widespread uncertainty in the crypto market, SUI is undergoing a major price correction as evidenced by 23.25% loss in the past 30 days. During this period, the popular…
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, appears to be drawing strong interest from whales and institutions once again, with nearly 3,877 ETH accumulated in just a few hours,…
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Coinbase (Nasdaq: COIN) shares are seeing a strong rally, with the price reaching its highest level since the April 2021 public debut. The stock rose about 4 per cent in…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Key takeaways:Since 2021, 78% of Bitcoin's bullish engulfing patterns have led to new local highs, especially within broader uptrends.Bitcoin has absorbed over $544 billion in capital since November 2022, pushing…
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Global investment bank JP Morgan made a bold pivot on the US economy in a recent note from their trading desk citing that the stock market will turn bullish. The…