Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds
The pilot was run as part of the Monetary Authority of Singapore's Project Guardian.
Posts published on November 5, 2024 go to media archive 2/4
Here's Why Today's U.S. Election Matters for Crypto
It is Election Day in the U.S. At some point in the coming hours, days and weeks, we'll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump…
Altcoin Market Decline Reaches Final Act, Bottom Expected In 2025–Analyst
After enjoying a mini price run in the last week of October, Bitcoin’s price has corrected below $68k to start the first week of November. While this is normal price action for Bitcoin, this trend also impacts the crypto industry, particularly…
Crypto Poker Site CoinPoker To Give Away $30k In Meme Coins, Host $1M ‘Meme Millions’ Tournament Series
Popular crypto poker site CoinPoker is known for its frequent promotions and tournament series (such as its flagship CSOP event, the Crypto Series of Poker) and November is no exception. Starting next Sunday the decentralized poker platform is…
Bitcoin price jumps 3.7% in an hour as US election fever begins
BTC price volatility makes a snap entrance as US Presidential Election voting begins — and Bitcoin analysts have a sense of deja vu.
VanEck lists PYTH ETN in Europe
The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.
Crypto Markets Brace for Election Shifts, Coin Metrics Reports
In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics’ latest report, authored by researchers Tanay Ved and…
Bitcoin Breaks Above $70K as Crypto and U.S. Stocks Move Higher Early on Election Day
After a good deal of volatility over the past few days, betting markets like Polymarket
Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens
While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.
MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says
The company needs financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.
Bitcoin price target is $120K, says analyst as key metric flips bullish
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025.
Solana ‘Must Break Descending Resistance’ To Regain Bullish Momentum – Analyst
Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullback. This critical level has held firm despite market volatility, and now all eyes are on Solana as it attempts to regain…
Prediction Markets Give Trump the Edge on Election Day
Recent numbers from prediction markets suggest that former President Donald Trump is holding a substantial edge over Vice President Kamala Harris. Battle for the White House Bettors have shown a consistent shift in support for Donald Trump in the…
MakerDAO's Christensen Hopes for 'Firm Decision' as MKR Holders Vote on Sky Brand
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.
CoinDesk 20 Performance Update: NEAR Gains 4.8% as Almost All Assets Trade Higher
Hedera was also among the top performers, rising 4.1% from Monday.
Bitcoin’s fair value: BTC may never fall below $60K, says economist
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000.
Spot Bitcoin ETFs Face Heavy Losses — Who Took the Biggest Hit?
On Monday, spot bitcoin exchange-traded funds (ETFs) took a substantial hit, with investors pulling out a hefty $541.07 million. Bitcoin ETF Outflows Hit $541 Million on Monday, Ethereum Funds Follow in the Red The 12 spot bitcoin ETFs faced a…
First Mover Americas: Crypto Market Little Changed as U.S. Votes
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Price Crash Below $70,000: What Does It Have To Do With Whales And The US Presidential Elections?
After skyrocketing above $72,000 earlier last week, the Bitcoin price has experienced an unexpected crash below the $70,000 mark ahead of the US Presidential elections. Reports have cited the influence of whales and the upcoming results of the US…
Swift, UBS, Chainlink pilot tokenized fund settlement
Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.
What is Pyth Network (PYTH)?
Pyth Network aggregates price information from a network of trusted data providers, including exchanges and market makers, to ensure that the data is accurate and timely.
Trump’s Coin Is About As Revolutionary As OneCoin
Follow Aaron on Nostr or X. After these classy gold sneakers and his God Bless the USA Bible, Donald Trump’s cryptocurrency World Liberty Financial (WLFI) immediately appeared to me like yet another way to squeeze some more money out of his…
Hellish US Debt Scenario Could Propel Bitcoin to $1 Million by 2030
Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar. CEO Believes Bitcoin May Reach $1…
Trump win confirmed? Jim Cramer says markets predict Harris win
Some crypto investors see a Trump victory due to the infamous “inverse Cramer” effect, following the television host’s prediction of a Harris victory.
Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years.
Why Is Dogecoin Going Up Today? Key Drivers Of DOGE’s 10% Surge
While the broader crypto market experiences a slight downturn ahead of today’s US presidential election, Dogecoin (DOGE) has defied the trend by surging 10% in the last 24 hours. Over the past three days, DOGE has rallied more than 20% from…
Bahrain-Backed Bank Launches Digital Asset Custody Service
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets…
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
Hamster Kombat loses 86% of users as Paws Mini App soars on Telegram
As interest in Hamster Kombat declines, PAWS surges, outperforming the once-top Telegram Mini App.