Polygon (POL) rose 9% in early U.S. morning trading hours from $0.206 to $0.225 before selling emerged in the afternoon, CoinDesk Analytics data shows. The token saw significant volatility overnight as volume surges to 708,489 and 804,401 units, crushing the 24-hour average of 410,606, before heavy selling pressure emerged, establishing critical resistance for near-term action. […]

Adding to the shocking downward jobs growth revisions on Friday — which sent crypto prices tumbling — the ISM Services PMI all of a sudden is beginning to consistently indicate softer-than-though economic activity. The ISM Services for July came in at 50.1, sizably lower than the 51.5 expected. A number above 50 indicates economic expansion, […]

Litecoin (LTC) rose by more than 11% in the past 24 hours, edging above $123, marking one of the sharpest large-cap rallies this week as traders rotated into legacy altcoins amid improving sentiment and fresh ETF chatter. The move, which made LTC as the largest weekly gainer among the top hundred tokens, comes as a […]

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As East Asia begins its trading day, bitcoin (BTC) is changing […]

The price of LINK (LINK), native token of oracle provider Chainlink, climbed 4% on Monday extending its rebound from late last week’s crypto carnage. The token hit $17 during the session, up nearly 10% from the weekend lows, CoinDesk data shows. The move occurred as Chainlink rolled out market data feed for U.S. Equities and […]