Latest news with #August10
Yahoo
7 days ago
- Business
- Yahoo
ATOM Rebounds After Sharp 6% Swing in Volatile Trading Session
ATOM experienced sharp volatility over a 23-hour trading period from August 10 at 15:00 to August 11 at 14:00, swinging 6.20% between its $4.77 session high and $4.48 low. The token rallied early on August 11, climbing from $4.66 to $4.75 at 02:00 amid a surge in trading volume of 1.465 million units, establishing support near $4.69. However, heavy selling pressure emerged at 07:00, driving ATOM down to $4.48 on 1.984 million units traded, with resistance forming around $4.71 as institutional selling intensified. Despite the sharp decline, ATOM showed resilience in the final hour of the session. From 13:07 to 14:06, the token gained 1.68%, moving from $4.49 to $4.56 as buyers overcame resistance at $4.50 and $4.53. A burst of trading activity, including a 60,000-unit spike between 13:46 and 13:47, helped solidify $4.54 as a new support level. This late-session rebound hinted at renewed institutional interest following the morning's selloff. Market sentiment toward the Cosmos ecosystem received a boost during the session after Coinbase announced support for dYdX (COSMOSDYDX), a decentralized finance platform built on the Cosmos blockchain. The listing underscored growing exchange integration with Cosmos-based projects, bolstering confidence among investors and potentially influencing short-term price action for ATOM. ATOM's volatile trading highlights the push and pull between institutional profit-taking and opportunistic buying at technical support levels. While the initial selloff reflected broader uncertainty in digital asset markets, the rapid recovery suggests that some institutional players are positioning for potential upside as the Cosmos network continues to expand its partnerships and infrastructure footprint. Trading range of $0.29 representing 6% volatility between $4.77 maximum and $4.48 minimum levels. Volume support established around $4.69 with 1.465 million units during early session rally. Volume resistance created near $4.71 with 1.984 million units during institutional selling. New support level established at $4.54 following recovery momentum and buyer interest. Multiple resistance levels broken at $4.50 and $4.53 during late-session institutional buying. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBC
13-02-2025
- Entertainment
- CBC
In 1996 Julie Doiron released a breakup song. Decades later, it's gone viral
When she was 21, singer-songwriter Julie Doiron broke up with one of her bandmates and wrote a melancholy song about it. Not for a moment did the Moncton musician think her song would be heard millions of times nearly 30 years later. "We had just finished touring," said Doiron, who was the bassist for the iconic indie-alternative band Eric's Trip back in the early 1990s. And what happened next provided the inspiration for the song August 10, which appeared on her 1996 album Broken Girl. "I can remember the drive back from the tour … where we decided that we were breaking up." In mid-November last year, Doiron learned from one of her daughters that the song seemed to be growing in popularity. "Mom, I think maybe one of your songs is starting to go viral," her daughter told her. The song was starting to gain traction on the video app TikTok and at that point had been used under a thousand times in videos. And when she checked Spotify, a music streaming service, the numbers were still relatively normal — at around 20,000 streams. But as the days went by, those numbers went up. And up. "I didn't even tell my management team for the first week or so," Doiron said. "I just didn't want anyone to mess with it. I just wanted to see what would happen kind of naturally." As of Wednesday, the Spotify streams for the song clocked in at nearly 40 million, and more than 33,000 videos have been created using that song on TikTok — not counting the numerous covers versions of August 10 that have been posted to the app. Her other songs have received a boost because of the renewed interest, but none compare to August 10. Her second most-streamed song on Spotify, Soon, Coming Closer, has just under 900,000, also from the same album. The numbers continue to grow by the day, and Doiron said her team is putting Broken Girl and her second album, Loneliest in the Morning, out on vinyl. She has a few shows coming up to celebrate the vinyl releases, and it will be interesting to revisit all the old songs that she hasn't played in years. She thinks the reason people are connecting with the song is that it's not "a big production, let's say, and I think that it's intimate." Doiron also noticed the majority of people streaming her song are aged 18 to 24 — the same age she was when she recorded the songs on Broken Girl. The album includes the viral breakup song, as well as songs about finding out she was pregnant for the first time and about her grandmother, who died before the baby was born. For Doiron, it was a lot happening all at once, and she still felt like a kid finding her way the world for the first time. "I think that 21-year-old Julie, when she would have been writing these songs, I mean, she had to write them," Doiron said.
