Shiba Inu’s layer-2 network, Shibarium, has suffered a significant decline in its daily transaction metric, providing a bearish outlook for the top meme coin. This comes as the SHIB price…
XLM slipped into a pronounced bearish trajectory over the past 24 hours, trading between $0.39 and $0.40 and breaking below key support levels. The token’s volatility intensified during the final…
HBAR faced strong downward pressure in the last 24 hours, slipping 6.68% from $0.26 to $0.24, while trading activity surged past 109 million tokens—nearly double the daily average. The steepest…
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,…
Polkadot's DOT encountered substantial bearish momentum over the last 24 hours, retreating from $3.76 to $3.56, or more than 5%, according to CoinDesk Research's technical analysis model.The model showed that…
CoinDesk Analytics is CoinDesk's AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All…
Arcadia Finance, a decentralized finance (DeFi) platform operating on the Base blockchain, suffered an exploit resulting in the theft of about $2.5 million in cryptocurrency.The attacker exploited a vulnerability in…
DOGE, BONK, PEPE bleeding todayOne more meme coin ready to join top 100While the entire cryptocurrency market is down today, some of the largest cryptocurrencies are under fire. While Dogecoin…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.The dollar index (DXY), which tracks the greenback's value against major fiat currencies, looks south, having…
Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets.Cybersecurity firm Cyvers…