Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's
[Jul 31 6:26 PM] The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
71 / 424 Relevant items tagged with #News
Posts: 12,705
Posts
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
[Jul 31 6:25 PM] The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it…
Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate Cut
[Jul 31 6:09 PM]
Tether Posts $5.2 Billion Profit in First Half of 2024
[Jul 31 5:30 PM] Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure…
Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer
[Jul 31 5:18 PM] Two American artists filed suit against the U.S. Securities and Exchange Commission (SEC) on Monday, seeking a declaratory judgment from a Louisiana court that their forthcoming non-fungible token (NFT) projects would not violate U.S. securities…
Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End
[Jul 31 4:09 PM] Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.
Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
[Jul 31 4:03 PM] While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme…
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
[Jul 31 3:25 PM] Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, the report said.
The World’s Largest Bitcoin Conference Heads to Las Vegas in 2025
[Jul 31 3:09 PM] BTC Inc., the leading provider of Bitcoin-related news and events, is excited to announce that after this year's successful Bitcoin 2024 event, which brought over 22 thousand attendees to Nashville, The Bitcoin Conference, the world’s largest and…
Popular 'Simon’s Cat' to Join Cat Coin Fray With Issuance on Floki Launchpad
[Jul 31 2:00 PM] Simon's Cat is one of the world's biggest cat meme brands and animation series by social media followers.
CoinDesk 20 Performance Update: XRP and SOL Outperform as Index Climbs 1.3%
[Jul 31 1:42 PM] XRP and SOL led the charge in overnight trading, driving the CoinDesk 20 Index 1.3% higher.
The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law
[Jul 31 12:36 PM] The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday.
Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum
[Jul 31 12:18 PM] Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies.
Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia, Despite 'Healthy' Regulator Talks
[Jul 31 12:04 PM] Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told…
First Mover Americas: Crypto Market Stabilizes After Nursing Losses
[Jul 31 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Terra Blockchain Restarts After $4M Exploit
[Jul 31 11:11 AM] A reentrancy attack earlier Wednesday briefly halted the network. It restarted after an “emergency” chain upgrade.
Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike
[Jul 31 9:28 AM] The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock
[Jul 31 6:56 AM] XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens.
Bitcoin, Ether ETFs Record Outflows as Trump Speech Euphoria Fades
[Jul 31 6:51 AM] The crypto-Trump trade appears to be softening.
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
Nvidia Becoming More Volatile Than Bitcoin and Ether
[Jul 31 6:19 AM] Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.
California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push
[Jul 30 8:37 PM] The service, developed by Oxhead Alpha, will let users transfer vehicle titles in minutes without going to an office versus the two weeks in the traditional system.
Anthony Pompliano: Bitcoin Will Be on U.S. Balance Sheet in 'Next 10, 15 Years' and Investing in Solana for Less Than a Dollar
[Jul 30 8:22 PM] "Over the next 10, 15 years, for sure, the United States will have some Bitcoin on its balance sheet or kind of in a strategic stockpile. I think the question really just becomes, how aggressive are we in that?"
U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold, Draft Bill Shows
[Jul 30 7:58 PM]
Cameron Winklevoss on Kamala Harris Crypto ‘Reset’ Intentions: Beware of the Big Bluff
[Jul 30 7:30 PM] Cameron Winklevoss, co-founder of Gemini and Winklevoss Capital, has called out U.S. Vice President Kamala Harris for her alleged intentions to reset the relations of the current government with the crypto industry. Winklevoss stated that, as…
Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ
[Jul 30 7:23 PM] Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Russia Legalizes Crypto Mining and Brings an Experimental Regime
[Jul 30 6:36 PM] Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported.
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
[Jul 30 4:48 PM] Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges "are going to be crucial," as it remains open to "everything that is possible to help solve this situation."
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
[Jul 30 4:13 PM] The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates.
Mempool.space Introduces New Bitcoin Transaction Accelerator With Major Mining Pools
[Jul 30 4:10 PM] This week, the open-source bitcoin explorer and onchain parser, mempool.space, unveiled its new bitcoin transaction accelerator. The team shared on X that it has collaborated with several major mining pools that contribute significantly to the…