Author: driver789
Crypto analyst Trader Tardigrade is pointing to a setup that could define Dogecoin’s next major move. The Dogecoin monthly candlestick chart, which stretches back to 2014, shows a pattern that has played out with remarkable consistency, almost mechanical in nature. According to that structure, Dogecoin is now sitting right at the level where previous price explosions have been triggered. Related Reading A Pattern That Has Played Out Twice Before Dogecoin is still trading below $0.10 into the last week of April, languishing well below its cycle peak of $0.48 and largely ignored by many crypto investors. But for Trader Tardigrade,…
The crypto market structure bill has not made much public movement in a month. While making a prognosis on the bill is difficult, it’s not hard to see that the clock for passage is running out.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativeWe won’t get the crypto market structure bill this month. That’s not the end of the process, but we’re approaching a timeline that’ll surely increase the amount of gray in people’s hair.Why it mattersMuch of what’s happened around market structure issues…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO.The survey, conducted among 1,100 US-based active CEX.IO users, shows the current market slump is straining household finances, though it remains less severe than 2022, when Bitcoin fell by roughly 75% from its peak. Bitcoin is still about 40% below its October 2025 high, leaving many retail investors sitting on unrealised losses.36% of respondents said they reduced everyday spending as a direct result of market conditions, with 10% describing those cuts as significant sacrifices made to…
Key Highlights Major technology companies including Alphabet, Amazon, Meta, Microsoft, and Apple release quarterly results this week Federal Reserve policy decision scheduled for Wednesday, with rates anticipated to remain between 3.5% and 3.75% Justice Department concluded criminal probe into Fed Chair Jerome Powell, paving way for Kevin Warsh’s confirmation process Analysts project 25% net income growth for Magnificent Seven in 2026 versus 11% for remaining S&P 500 constituents Major oil producers Exxon and Chevron announce results Friday amid geopolitical tensions Markets enter the most packed earnings period of the reporting season as Monday launches a week featuring financial results from…
The biggest traders on Hyperliquid have been building a long bitcoin BTC$78,087.98 position for two months, and the price chart is starting to break their way.Glassnode data shows whale positioning on Hyperliquid, the onchain perpetual futures exchange, flipped from net short to net long in early March and has stayed long ever since, with the size of the long bias increasing through April.The shift coincides with bitcoin grinding higher from the mid-$60,000s in February to a brush near $80,000 earlier this week.Hyperliquid has, in the past year, become the onchain venue of choice for traders running large positions, and a…
Bitcoin has spent April staging a recovery from its March lows, briefly climbing back above $79,000. However, not everyone is convinced of the rebound, and some analysts believe the move is only a mid-bear-market rally before a deeper correction. One such analyst is one that previously predicted a coming peak in July 2025. Now, the same analyst is predicting how far the Bitcoin price still has to fall before it puts in a true bottom. Related Reading Analyst Uses Previous Top Model To Predict Bitcoin Bottom Crypto analyst Killa made a cycle-top prediction of $121,362 back in June 2025. This…
The Ethereum Foundation has moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH.On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data. The move involved depositing wrapped staked ETH (wstETH) into Lido’s unstETH contract, with ETH expected to be returned once the withdrawal queue completes.In Ethereum, unstaking is the process of withdrawing ETH that was previously locked to help secure the network through validators. When ETH is staked, it’s deposited into the Ethereum Beacon Chain, where it remains locked while earning rewards. To unstake, a…
Coinbase (COIN) has quietly crossed a threshold that Wall Street would recognize immediately: it has become, by its own definition, the only full-service prime brokerage in crypto.John D’Agostino, head of strategy at Coinbase Institutional, said the definition of a prime broker still follows a familiar Wall Street checklist: trading, custody, financing, derivatives and cross-margining. In crypto, he added, there’s an extra layer, staking. “If you can do all of those at scale, you’re a prime,” he said.In equities and fixed income, only a handful of firms, Goldman Sachs (GS), Morgan Stanley (MS) and Bank of America (BAC), truly qualify as…
The Ethereum Foundation has unstaked 17,035.326 ETH, worth about $40 million, shortly after moving close to its 70,000 ETH staking target. Summary Ethereum Foundation unstaked 17,035 ETH worth $40 million after nearing its 70,000 ETH staking target. The foundation deposited wstETH into Lido’s unstETH contract and awaits ETH after withdrawal queue completion. Market users questioned a possible sale, but the foundation has not explained the transaction yet. Arkham data showed the transaction on Saturday. The foundation deposited wrapped staked ETH into Lido’s unstETH contract. The ETH will return after the withdrawal queue completes, based on Ethereum’s normal unstaking process. The…