Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K
Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
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Hong Kong SFC to Establish ‘Consultative Panel’ for Licensed Crypto Exchanges
The SFC’s Eric Yip said the panel will include representatives from each licensed exchange.
Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'
The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.
Hong Kong Considering Tax Concessions for Crypto Investments
Regulatory updates are also in the works for stablecoin issuers, OTC trading services and custodians.
FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork
Initially, Kalshi's feeds will power perpetual futures contracts on decentralized exchanges. Eventually, the centralized betting platform might referee on-chain prediction markets.
Emory University Joins Bitcoin ETF Rush, Reporting $16M Holding in Grayscale Vehicle
Emory University disclosed ownership of more than $15 million worth of shares of the Grayscale Bitcoin Mini Trust.
An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village
Sazmining launches a bitcoin (BTC) mine in Norway that will heat a building, aiming to demonstrate sustainable mining benefits despite past regulatory concerns.
First Mover Americas: BTC Recovers From Friday's Slide to Reclaim $68.5K
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Policy Didn't Occupy the Spotlight in Elections in Austria, Georgia
Elections in Georgia were more focused on whether or not the country should align further with the European Union.
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
Hong Kong Exchanges and Clearing to Launch Crypto Index in November
HKEX said the index will provide investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone.
MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research
The launch of options on spot bitcoin exchange-traded funds will reduce the incentives to hold MicroStrategy stock over BTC ETFs, the report said.
Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets
"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.
Bitcoin Has a Lot Going for It, Except the Persistent Slide in Copper-Gold Ratio
BTC's best years have been characterized by copper's outperformance relative to gold.
From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano
A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.
Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.
Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.
Wall Street Financial Services Firm Lazard Plans to Create Tokenized Funds with Bitfinex Securities
Tokenization of conventional financial products is a booming sector within the digital asset industry, with BlackRock, HSBC and now Lazard among the global firms entering the space.
Aggregation Is the Only Way to Unify Web3
Blockchains are stuck in silos, fragmenting liquidity and making for a clunky user experience. It's time to tear down the walls.
Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan
These tokens are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.
Netherlands Starts Consulting on Crypto Tax Reporting Bill
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users' data with tax authorities.
CoinDesk 20 Performance Update: APT Falls 2.7%, Leading Index Lower
NEAR Protocol also joined Aptos as an underperformer, falling 2.2% from Thursday.
First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MicroStrategy Touches New Highs as Trading Volume Relative to Nvidia Surges
Microstrategy hits 17% of the trade volume of nvda
Newly-Qualified Crypto Custodian Balance Aims to Bring ETF Assets Held in the U.S. Back to Canada
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.
The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market
The low pricing seems consistent with stable and rangebound implied volatility.
Bitcoin Liquidity Could Flow to Cardano Ecosystem With New BTC Bridge
EMURGO, a founding entity of Cardano, will be among ecosystem buildings developing tools and services to attract the BTC capital