Several exchanges including Binance and Korean platform Coinone have listed NEXPACE (NXPC), leading to a 115% surge in the token’s value on the back of $1 billion in trading volume in the first three hours of trading. NEXPACE is a PC role-playing game that features on-chain item ownership. It is the the blockchain arm of South Korean video game developer Nexon. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me
Telegram has shut down the illicit marketplace Haowang Guarantee, formerly Huione Guarantee, which has facilitated transactions totaling over $27 billion in stablecoins since 2021. Haowang was shut down based on insights provided by blockchain analytics firm Elliptic on Tuesday. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
Coinbase CEO is “optimistic” about Senate passing stablecoin legislation soon, despite recent setbacks. A key Senate vote on the bill failed last week due to Democratic concerns, including potential benefits for Trump. Coinbase is set to join the S&P 500, a move Armstrong calls a sign “crypto’s here to stay.” Coinbase CEO Brian Armstrong conveyed a sense of hope on Wednesday regarding the potential passage of landmark stablecoin legislation in the US Senate, possibly as early as this week. His
Open interest has now dropped by 29.22%. Total holders crossed 75,000, with retail wallets under $10 doubling. Resistance remains at $0.355, with downside risk toward $0.180. MOODENG, the Solana-based meme coin, soared 703% in just one week, but has since retreated 14.02% from its recent high trading at around $0.2613. The rapid rise from under $0.04 to over $0.30 had propelled the coin to the top of crypto performance charts and attracted strong speculative interest. Open interest has now dropped
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, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools
Global economic uncertainty continues to shape cryptocurrency performance as geopolitical tensions between major economies intensify. TRON (TRX) has demonstrated resilience amid market fluctuations, maintaining price levels around $0.26 despite broader market volatility, with its stablecoin ecosystem expanding significantly as traders seek stability during uncertain economic conditions. Technical Analysis Highlights TRX climbed from $0.261 to peak at $0.268, representing a range of 0.008 (3.07%), according to CoinDesk Research’s technical analysis data model. Price action formed a clear ascending channel with strong
Trump trade deal boosts overall crypto sentiment. Open Interest reaches $263 million. Analyst predicts SHIB could rise 4x from current levels. Shiba Inu is making a comeback after months of sluggish price action, with data showing a 32% increase over the past month. The turnaround comes as market sentiment improves, driven by recent macro developments, most notably a new trade deal announced by President Trump. The meme coin, which had been stuck in a narrow range for most of 2025,
Crypto Expo Dubai 2025 returns on May 21–22, uniting over 10,000 global crypto leaders and innovators. The event will spotlight AI, Web3, DeFi, and tokenization through panels, summits, and exhibitions. HashMining Summit will delve into eco-friendly mining, hash power strategies, and blockchain infrastructure. The global blockchain and cryptocurrency community is set to converge at the 7th edition of Crypto Expo Dubai on May 21–22, 2025, at the Zabeel Hall – 6, Dubai World Trade Centre. This
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, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools
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