Bitcoin More Linked With U.S. Fed Than China PBOC: Presto Research
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
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Candidate Harris Unlikely to Make Full-Throated Crypto Policy Before Election: Source
The presidential campaign for Vice President Kamala Harris made crypto waves with a brief comment about the sector over the weekend, but the industry shouldn't expect much more in the final weeks before the U.S. elections, insiders suggest.
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
Investors in the proposed round would get warrants to buy tokens in the event the prediction market decides to issue one, The Information reported.
AI-Related Cryptos Lead Altcoin Surge; Bitcoin Breakout Nears with Several Catalyst in Q4: Analyst
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations
Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity…
Telegram to Provide More User Data to Government After CEO’s Arrest
Messaging app Telegram made significant changes to its terms of service, chief executive officer Pavel Durov said in a post on the app on Monday.
Crypto Needs a Purple Mindset
The politicization of crypto into red-blue corners is not helpful to the industry. It’s time to reject the us vs. them mentality, says Circle’s Josh Hawkins.
JP Morgan's Onyx Blockchain Used for Siemens' Digital Commercial Paper Settlement
The transaction was a milestone for Onyx and SWIAT, which are collaborating to develop digital asset issuance products on blockchain rails for commercial banks.
The Fed Must Have Confident Consumers
Last week’s rate cut won’t be the last, says Scott Garliss, as the Fed looks to build consumer confidence. That’s good news for risk assets including bitcoin and ether.
FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure
FTX’s auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice.
Caroline Ellison Most Likely Won't Serve Time, Polymarket Traders Bet
The market is skeptical about Qualcomm's Intel deal; prediction markets were the talk of the town at Token2049 in Singapore.
Bitcoin Could Surge Thanks to Looser Financial Conditions
As the Chicago Fed's NFCI hits its loosest levels since 2021, Bitcoin rallies—could looser financial conditions spark another bull run?
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
First Mover Americas: BTC, ETH Rise in Muted Trading to Start the Week
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Digital Asset Funds See Second Consecutive Week of Inflows: CoinShares
Bitcoin-linked products led with $284 million of inflows, while their ether equivalents saw outflows of $29 million.
Ether Leads Post-Fed Crypto Market Rally as Yen Weakness Sparks Risk-On Frenzy
From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC’s Bold Move
Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord
The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.
Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments
Canada is shifting its focus away from a retail central bank digital currency after years of research, its central bank announced last week.
Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat
The CoinDesk 20 is beginning the week flat.
Harris Says Her White House Will 'Invest in America's Future' Which Includes 'Digital Assets'
The Democratic nominee promises she'll be a tech-friendly president in remarks to donors
Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate
Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve’s decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.
Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
September's counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.
The Next Stage for Public Good Funding in Crypto
Privatizing public goods investment in venture funds would help align incentives and lead to more sustainable financing for networks that have a social purpose, says Azeem Khan.
Why We Won’t See CBDCs Everywhere
For all the talk of central banks launching digital versions of national currencies, only three projects have fully launched. For a host of reasons, we likely won’t see a global rollout of these difficult-to-build and not-particularly-wanted…
Iggy Azalea to Release Online Casino Motherland in Boost for MOTHER Token
The online casino and gaming platform will be released in November.
Prediction Markets Go to Washington('s Appeals Court)
The CFTC is working to ban political prediction markets. Its current goal: Get a federal appeals court to keep one from launching while it argues a judge was mistaken in overturning its rejection of Kalshi.
Consensys Suit Against U.S. SEC Dismissed by Texas Court
The U.S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court. Because the regulator then shut down that…
MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B
With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.