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Global central banks have been increasing their gold reserves over the past few years in a trend that may have major implications for Bitcoin, according to a recent report from Deutsche Bank.Gold’s share of central bank reserves reached 24% in the second quarter of the year, its highest share since the 1990s, Deutsche Bank strategists reported Thursday.With official demand for gold running at twice the pace of the 2011–2021 average, some Deutsche Bank analysts see growing parallels between gold and Bitcoin (BTC), which has seen a record-breaking performance in 2025.The renewed gold accumulation marks a significant shift in global finance,…

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 4183.36, up 1.1% (+45.17) since 4 p.m. ET on Thursday.All 20 assets are trading higher.Leaders: LTC (+11.9%) and NEAR (+10.9%). Laggards: APT (+0.0%) and ETH (+0.4%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Traders are flocking to the ZK-powered perpetuals trading platform amid the ongoing airdrop craze, and its OTC points market is going parabolic.As traders flock to tokenless perpetuals exchanges in pursuit of “the next Hyperliquid airdrop,” trading volumes hit a record $1 trillion in September, and as the sector heats up, the Lighter exchange’s activity-based points have hit an all-time high on over-the-counter (OTC) markets.The Lighter points system has been live since its closed beta launched in February, but valuations have skyrocketed over the last month.The leading Lighter OTC market, SOTC, cleared its first seven-figure transaction on Oct. 7, which also…

Binance Coin (BNB) has continued its impressive rally, trading above $1,310 and gaining roughly 30% in the past week, overtaking XRP to claim the position of the third-largest cryptocurrency by market capitalization. BNB’s market value now hovers near $182–185 billion, a notable rise in a week that outpaced both Bitcoin and Ethereum. Clean Breakout Spurs Bullish Momentum BNB’s breakout above $1,100 and $1,200 has energized the market, with bulls now eyeing $1,360 and potentially the psychological $1,500 mark if momentum holds. On the downside, analysts highlight $1,200–$1,240 as a crucial support zone for a healthy retest before higher targets are…

In brief Morgan Stanley will reportedly expand its crypto offerings, allowing all wealth clients to have access to the asset class. The bank in September said it will allow customers to trade Bitcoin, Ethereum, and Solana via its E*Trade platform. Morgan Stanley’s CEO said in January that the bank was working with regulators to see how to offer crypto safely. Morgan Stanley is expanding its crypto offerings, allowing all clients to have access to digital assets, according to a Friday report.CNBC reported Friday that advisors will be able to offer crypto fund investments to any client as of October 15, including…

Cardano price holds $0.76 support, hinting at a bullish rally. Strong confluence and the Hydra upgrade spark renewed optimism for ADA’s next upward move. Summary Support confluence at $0.70–$0.76 confirmed by Fibonacci, POC, and Bollinger Bands. HYDRA upgrade boosts network speed and scalability. Bullish structure intact with potential rally toward $1.44. After a brief corrective phase, Cardano’s (ADA) price has stabilized at a critical support zone, forming the foundation for a potential reversal. The $0.70–$0.76 area has emerged as a key confluence region supported by Fibonacci retracements, the Point of Control (POC), and Bollinger Band support. Meanwhile, the recent rollout…

Felix Pinkston Oct 10, 2025 16:13 Solana stands out as a leading blockchain platform due to its diverse on-chain activity, efficient design, and robust ecosystem of applications, according to Grayscale Research. Solana, a prominent player in the blockchain space, has emerged as a leader in on-chain activity, boasting a diverse range of applications and efficient transaction processing. According to Grayscale Research, Solana’s blockchain platform excels in user engagement, transaction volume, and transaction fees, making it a formidable force in the cryptocurrency landscape. Solana’s Growing Ecosystem Solana’s blockchain is recognized for its fast and…

Join Our Telegram channel to stay up to date on breaking news coverage The XRP price edged down a fraction of a percent in the past 24 hours to trade at $2.81 as of 3:30 a.m. EST even as trading volume surged 17% to $5.1 billion. Prominent commodity trader Peter Brandt says worse may be ahead for the Ripple token, which he’s picked as a top candidate to short, conditional upon it completing an ongoing descending triangle pattern. This is on my list of short candidates $XRP but it is conditional upon completing the descending triangle pic.twitter.com/uai84VHLxa — Peter Brandt…

This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$111,480.33 bounced back to around $121,500 after dipping below $120,000 late Thursday. Further gains may be difficult to achieve or could prove short-lived for two reasons.First, momentum indicators on short-term charts have turned bearish. On the hourly chart, the 50-, 100-, and 200-candle simple moving averages (SMAs) have aligned bearishly, now stacked one below the other – a classic bearish configuration. Additionally, the pattern of consecutive lower highs points to weakening buying pressure.BTC’s hourly candlestick chart. (TradingView) Second, key ETFs are signaling a risk-off sentiment. The…

Early Bitcoin investor and Bitcoin Cash co-founder Roger Ver has reached a tentative settlement with the U.S. Department of Justice over criminal tax charges tied to an alleged $48 million loss to the government, The New York Times reported on Oct. 9.Ver was arrested in April 2024 and charged with mail fraud, tax evasion, and filing false tax returns.Prosecutors alleged that Ver concealed ownership of large Bitcoin holdings from the Internal Revenue Service while living abroad, thereby depriving the U.S. government of tens of millions of dollars in tax revenue.People familiar with the matter told the newspaper that under the…