CoinDesk 20 Index Gains 1.4% as All Coins Rise
The CoinDesk 20 Index rises 1.4% to 4207.6, with all assets gaining; leaders include $BCH (+3.8%) and $HBAR (+2.7%), while laggards are $DOT (+0.2%) and $ADA (+0.5%). #Update #Crypto $BCH
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MNT HASH Surge as U.S. Inflation Looms
$MNT surges 11% to a record high of $1.62 as Provenance Blockchain’s $HASH jumps 28%. Market awaits U.S. CPI data, with potential volatility for $BTC if results are dovish. #Update #Crypto $MNT
Bitcoin Choppiness Index Soars Signaling Breakout
Bitcoin’s choppiness index rises to 54, indicating potential for volatility breakout as it trades around $113,000; U.S. CPI data release may trigger significant price movement. #Update #Crypto $BTC
Bitcoin Bull Trap Warning as S&P 500 Wedges
Bitcoin shows bullish potential with an inverse head-and-shoulders breakout, but S&P 500 futures reveal a bearish rising wedge, hinting at possible market declines impacting crypto. #Update #Crypto $BTC $DOGE $XRP
XRP Surges Toward $3.60 Target on Institutional Flows
$XRP surged to $3.00, driven by institutional flows and a volume spike of 119M units, aiming for $3.60 if resistance at $3.02 breaks. #Update #Crypto $XRP
Native Markets Lead Early Voting for USDH
@NativeMarkets leads early voting for Hyperliquid’s USDH stablecoin with 30.8% stake, while 57% remains unassigned. $BTC at $114,053 (+2.6%), $ETH at $4,373.99 (+2%) #Update #Crypto $BTC
CFTC Nominee Quintenz Challenges Winklevoss Publicly
Brian Quintenz, Trump’s CFTC nominee, publicly shared texts with Tyler Winklevoss amid stalled confirmation, alleging misrepresentation to the president. The crypto industry urges swift confirmation. #Update #Crypto $BTC
SwissBorg Wallet Exploited for $41.5M Loss
@SwissBorg’s SOL Earn Wallet exploited, losing 192,600 $SOL ($41.5M) due to a partner’s API breach; funds covered, redemptions paused. #Breaking #Crypto $SOL (-8) ↘
Gemini Boosts IPO Price Range to $26
@Gemini has increased its IPO price range to $24-$26 per share, aiming to raise over $430 million at a valuation of approximately $3.1 billion. #Update #Crypto $GEMI
Ethereum Validators Exit After SwissBorg Exploit
@Kiln has begun an “orderly exit” of its Ethereum validators as a precaution after SwissBorg’s wallet exploit. No additional losses reported; client assets remain secure. #Update #Crypto $ETH
Bitcoin Triggers Bullish Head and Shoulders Pattern
Bitcoin ($BTC) surpassed $113,600 following a softer U.S. PPI, confirming a bullish inverse head and shoulders pattern; potential target near $120,000. Resistance at $114,700 and support around $110,000. #Update #Crypto $BTC
Bitcoin Adoption Soars as Belarus Backs Crypto
Belarusian President Aleksandr Lukashenko urges rapid cryptocurrency and cash adoption for economic resilience, calling for regulatory oversight and an instant payment system by year-end amid sanctions. #Update #Crypto $BTC $ETH
Bitcoin Surges to $112K Amid Data Week
Bitcoin $BTC hovered around $112K as traders await US macro data; Dogecoin $DOGE rose 11.6% weekly, nearing 24 cents ahead of a memecoin ETF launch. #Update #Crypto $BTC
Fed Rate Cut Bet Hits 50bps Next Week
A leading trader on @Polymarket, JustWakingUp, bets $15,000 on a 50 bps Fed rate cut next week, showing a 3% gain; market expects a 25 bps cut. #Update #Crypto $BTC