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The native token of the BNB Chain, BNB, climbed more than 3% in the last 24 hours, as a mix of institutional momentum and strategic selling shaped its trading session entering the weekend.The token rallied from $1,056 to $1,087, peaking at $1,131 in early morning trading before pulling back slightly. It’s outperforming the wider crypto market, which rose 2.43% in the last 24 hours, based on the CoinDesk 20 (CD20) index.Profit-taking near resistance levels could be the cause of the late dip. Trading volume hit 204,000 tokens, almost three times the daily average, underscoring active participation from market players, according…

Quick Take • XTZ trading at $0.58 (down 2.9% in 24h) • Price testing lower Bollinger Band support after recent volatility • RSI at 35.80 suggests oversold conditions developing • Following broader crypto weakness with Bitcoin correlation intact Market Events Driving Tezos Price Movement Trading on technical factors in absence of major catalysts, XTZ price action reflects the recent market volatility patterns established over the past week. The October 14 market downturn that saw Tezos decline 4.99% to $0.625 continues to weigh on sentiment, despite the brief recovery attempt on October 15 that pushed XTZ to $0.6077. The correlation with…

As the crypto market becomes increasingly dynamic, traders have turned to AI-powered tools to gain an edge. From bots that automate trades based on price action to sophisticated systems that scan social media for trending narratives, artificial intelligence is helping democratize advanced trading strategies.While innovative, the growing number of AI-powered tools available for crypto trading can be overwhelming. To narrow the selection, Cryptonews reviewed three easy-to-use AI tools for crypto trading and strategy.Each review explains how these plug-and-play tools work (no developer knowledge needed), who they are best suited for, and the risks associated.Stoic AIStoic AI provides retail investors access…

Ondo Finance urged the US Securities and Exchange Commission (SEC) to delay or reject Nasdaq’s proposal to trade tokenized securities, saying it lacks transparency and could give established market players an unfair edge.In a Wednesday letter to the regulator, Ondo — a blockchain company that issues tokenized versions of traditional assets — said regulators and investors can’t fairly evaluate Nasdaq’s proposal without public details on how the Depository Trust Company (DTC) will handle blockchain settlements. DTC serves as the main depository for US securities and facilitates their post-trade settlement.While acknowledging support of Nasdaq’s move toward tokenization, Ondo warned that “Nasdaq’s…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3473.18, down 2.6% (-93.07) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher.Leaders: XRP (-1.6%) and POL (-1.8%).Laggards: AAVE (-10.1%) and BCH (-8.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

GeForce NOW is enhancing the gaming experience for its members with a range of exciting rewards and new game additions. As part of its ongoing commitment to offer more value to its subscribers, GeForce NOW has unveiled a special in-game reward for ‘Borderlands 4’, the addition of 10 new games, and the 1.0 release of ‘Pax Dei’, according to the GeForce NOW Community. Member Rewards and New Game Releases This week, GeForce NOW Ultimate members can enjoy a free reward for ‘Borderlands 4’ as well as the opportunity to enhance their gaming setup with the latest SteelSeries Nimbus Cloud controllers…

Bitcoin has mirrored a familiar bullish setup, completing its weekly CME gap fill between $109,680 and $111,310, a technical milestone that last preceded a major rally in late 2024.The leading cryptocurrency is holding the same higher low structure from which the October 2024 reversal emerged, sparking renewed optimism among traders. Back then, Bitcoin filled its CME gap at $68,785 before launching a two-month run to $108,000. Now, analysts at RektCapital note that a bullish divergence is forming on the daily timeframe, hinting that a similar breakout could propel Bitcoin toward $130,000 before Q4 ends.Bitcoin Market Sentiment Hits 2017 LowsCrypto traders…

Key takeawaysGrayscale has bridged traditional finance and decentralized crypto by launching the first publicly traded staking investment vehicle.Its staking-enabled ETPs allow investors to earn blockchain rewards without running validator nodes or managing complex technical and custody risks.Grayscale’s Ether and Solana ETPs are the first in the US to combine spot crypto exposure with staking rewards, paying yields through the fund’s NAV or direct payouts.These products face operational challenges, such as validator performance issues and liquidity lock-ups, as well as regulatory and centralization risks linked to institutional staking.Wall Street and the crypto world have long operated in separate spaces. While Wall…

Bitfarms (BITF) share price is down 4% pre-market as it announced a proposed offering of $300 million in convertible senior notes due Jan. 15, 2031, with an option for initial purchasers to buy an additional $60 million within 13 days of issuance. The notes, senior unsecured obligations, will pay semi-annual interest from July 15, 2026, and can be converted into cash, common shares, or a mix of both, depending on the company’s choice. Conversion will be restricted before Oct. 15, 2030, subject to certain conditions. Proceeds will be used for general corporate purposes and to fund capped call transactions designed…

Bitcoin’s (BTC) impressive rally to a new all-time high of $126.1k has sharply reversed, impacted by significant macroeconomic stress and a massive $19 billion futures deleveraging event, as reported by [Glassnode]( This deleveraging is one of the largest in history, prompting a reset phase in the market characterized by flushed leverage, cautious sentiment, and a dependency on renewed demand for recovery. Market Dynamics and On-Chain Data The reversal in Bitcoin’s price, which fell below the critical $117k–$114k cost-basis zone, has left many top buyers in loss, revealing underlying market fragility. On-chain data indicates a continued distribution by Long-Term Holders (LTH)…