Justin Sun Wants More TradFi on Tron, Dogs Over Cats for Memecoins

CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink's Smartcon at Hong Kong Fintech Week. We covered a lot.

source https://www.coindesk.com/markets/2024/11/01/justin-sun-wants-more-tradfi-on-tron-dogs-over-cats-for-memecoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

The company's flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization.

source https://www.coindesk.com/business/2024/10/31/tether-reports-25b-profit-in-q3-holds-over-100b-of-us-treasuries/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise

The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.

source https://www.coindesk.com/markets/2024/10/31/crypto-slumps-alongside-trumps-victory-odds-on-polymarket-as-uncertainty-and-profit-taking-rise/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin

Michael Saylor's MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).

source https://www.coindesk.com/business/2024/10/31/michael-saylor-conjures-stock-market-magic-with-giant-plan-to-buy-more-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts.

source https://www.coindesk.com/opinion/2024/10/30/opportunities-for-blockchains-and-digital-assets-to-support-and-enhance-us-national-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tops $73.5K, Climbing Just Shy of New Record High

The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels.

source https://www.coindesk.com/markets/2024/10/29/bitcoin-tops-735k-climbing-just-shy-of-new-record-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DWF Labs Fires a Partner After Drink-Spiking Allegations

source https://www.coindesk.com/business/2024/10/29/dwf-labs-fires-a-partner-after-drink-spiking-allegations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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.

source https://www.coindesk.com/markets/2024/10/28/microstrategys-current-premium-relative-to-its-bitcoin-stack-is-unlikely-to-last-steno-research/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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.

source https://www.coindesk.com/markets/2024/10/28/arthur-hayes-maelstrom-hedges-us-election-uncertainty-with-staked-usde-holds-large-btc-eth-bullish-bets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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.

source https://www.coindesk.com/markets/2024/10/28/bitcoin-has-a-lot-going-for-it-except-the-persistent-slide-in-copper-gold-ratio/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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.

source https://www.coindesk.com/policy/2024/10/26/from-smuggling-gold-out-of-africa-to-bridging-bitcoin-and-cardano/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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.

source https://www.coindesk.com/markets/2024/10/25/crypto-rally-foiled-by-report-of-doj-probe-of-tether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Climbs 3% to Retake $68K With Solana Outperforming, Ether Showing Relative Weakness

Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.

source https://www.coindesk.com/markets/2024/10/24/bitcoin-climbs-3-to-retake-68k-with-solana-outperforming-ether-showing-relative-weakness/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETFs Will Soon Hold 1M Tokens, Nearly as Much as Satoshi

The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading.

source https://www.coindesk.com/markets/2024/10/24/bitcoin-etfs-will-soon-hold-1m-tokens-nearly-as-much-as-satoshi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris

The former president's probability of retaking the White House slid to 59% Wednesday before rebounding.

source https://www.coindesk.com/markets/2024/10/23/trump-polymarket-odds-briefly-dip-after-his-no-2-bull-adds-bet-on-harris/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally

Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.

source https://www.coindesk.com/markets/2024/10/23/solana-hits-record-vs-ether-outperforms-bitcoin-as-ai-memecoin-frenzy-and-surging-revenues-fuel-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MakerDAO Contemplates Dropping Sky Brand as Community Debates

SKY has significantly underperformed the CoinDesk 20 since the re-brand.

source https://www.coindesk.com/markets/2024/10/23/makerdao-contemplates-dropping-sky-brand-as-community-debates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Is Going to $80K Regardless of Trump or Harris Win, Traders Say

Traders say BTC is headed to new highs regardless of a Democrat or Republican win.

source https://www.coindesk.com/markets/2024/10/23/bitcoin-is-going-to-80k-regardless-of-trump-or-harris-win-traders-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Andy Barr's 'Vision' for House Financial Services

Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherding legislation that might affect the U.S. capital markets and banking sectors, among others. He shared some of his thoughts on what his crypto priorities might be during an aside at the Flyover Fintech conference on Monday.

source https://www.coindesk.com/opinion/2024/10/22/andy-barrs-vision-for-house-financial-services/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that he's counting on sensible crypto regulations coming soon from the U.S. "There is no place like the U.S.," he said via video link at DC Fintech Week in Washington.

source https://www.coindesk.com/policy/2024/10/22/tether-ceo-ardoino-says-he-expects-us-will-catch-up-in-crypto-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Indonesia Extends Deadline for Crypto Exchange License Requirements Following Regulatory Updates

Exchanges will now have until the last week of November to meet new requirements.

source https://www.coindesk.com/policy/2024/10/22/indonesia-extends-deadline-for-crypto-exchange-license-requirements-following-regulatory-updates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chainlink Partners With Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain

Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the report said.

source https://www.coindesk.com/business/2024/10/21/chainlink-partners-with-major-financial-players-to-improve-corporate-actions-data-reporting-using-ai-and-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto ETFs Look Unlikely to Expand Beyond Bitcoin, Ether Under Kamala Harris, Experts Say

More crypto ETFs might not ever be approved if Kamala Harris wins the presidential election.

source https://www.coindesk.com/business/2024/10/21/crypto-etfs-look-unlikely-to-expand-beyond-bitcoin-ether-under-kamala-harris-experts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears

Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.

source https://www.coindesk.com/markets/2024/10/21/bitcoin-nears-70k-amid-record-open-interest-at-40b-as-trump-harris-election-nears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ApeCoin Surges 100% as Yuga Labs Debuts ApeChain

"ApeCoin has introduced an automatic yield mode, allowing users to passively earn returns by staking their APE tokens," one observer said, explaining the catalysts for the price rally.

source https://www.coindesk.com/markets/2024/10/21/apecoin-surges-100-as-yuga-labs-debuts-apechain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K

A widely-tracked momentum indicator has flipped positive for the first time since April.

source https://www.coindesk.com/markets/2024/10/21/bitcoin-gets-yet-another-bullish-signal-as-prices-near-70k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto Outlook

source https://www.coindesk.com/opinion/2024/10/18/the-feds-rate-cut-trajectory-remains-intact-boosting-the-crypto-outlook/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Promise of Trustless Environmental Monitoring

source https://www.coindesk.com/opinion/2024/10/18/the-promise-of-trustless-environmental-monitoring/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ONDO Spikes 8% as Major Derivatives Exchanges Mull BlackRock's BUIDL as Collateral Option

The tokenization platform's governance token has been a favored proxy play among crypto traders for BlackRock's tokenization push.

source https://www.coindesk.com/markets/2024/10/18/ondo-spikes-8-as-major-derivatives-exchanges-mull-blackrocks-buidl-as-collateral-option/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

'High-Risk' Crypto Loans Surge to a Two-Year High of $55M

source https://www.coindesk.com/markets/2024/10/18/high-risk-crypto-loans-surge-to-a-two-year-high-of-55m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says

A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.

source https://www.coindesk.com/policy/2024/10/17/us-election-betting-federal-court-erred-in-letting-kalshi-launch-prediction-markets-cftc-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nishad Singh’s Lawyers Ask Judge to Spare Him Prison, Say He Is an 'Uncommonly Selfless Individual'

Lawyers say that his early cooperation was critical to bringing cases against Sam Bankman-Fried and Ryan Salame.

source https://www.coindesk.com/policy/2024/10/17/nishad-singhs-lawyers-ask-judge-to-spare-him-prison-say-he-is-an-uncommonly-selfless-individual/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Crypto Turns Up Nose at Trump Token Sale, 'Gold Paper'

Republican U.S. presidential candidate Donald Trump's pledge to support the crypto industry with favorable policies hasn't translated to a robust reception for his token sale this week, with just a tiny fraction placed out of the targeted $300 million.

source https://www.coindesk.com/tech/2024/10/16/the-protocol-crypto-turns-up-nose-at-trump-token-sale-gold-paper/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase Escalates SEC Fight Over the Agency's Inside Chatter on ETH

An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission's unwillingness to produce documents revealing the regulator's internal thinking on whether to pursue Ethereum's ether and other tokens as illegal securities.

source https://www.coindesk.com/policy/2024/10/15/coinbase-escalates-sec-fight-over-the-agencys-inside-chatter-on-eth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2

The three projects' tokens will consolidate into Singularity Finance (SFI).

source https://www.coindesk.com/business/2024/10/15/singularitydao-plans-to-merge-with-cogito-finance-selfkey-to-form-ai-focused-layer-2/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CME's Bitcoin Friday Futures Are Ideal for News Traders: CF Benchmarks

Friday contracts debuted on Sept. 30 with a bang, becoming CME's most successful crypto futures launch ever.

source https://www.coindesk.com/markets/2024/10/15/cmes-bitcoin-friday-futures-are-ideal-for-news-traders-cf-benchmarks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Daily Inflow Hits $556M as BTC Appears Primed for Breakout

Weekly inflows might challenge records as technical pointers suggest a BTC rally in the works.

source https://www.coindesk.com/markets/2024/10/15/bitcoin-etf-daily-inflow-hits-556m-as-btc-appears-primed-for-breakout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This Chart Indicates Bitcoin May Be Headed for Record Highs Above $73K

The Three-line break chart, which filters out noise and erratic price movements, suggests the broader bull run has begun.

source https://www.coindesk.com/markets/2024/10/15/this-chart-indicates-bitcoin-may-be-headed-for-record-highs-above-73k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Australia’s First Spot Ether ETF to Go Live on Tuesday

The launch of Monochrome Ethereum ETF follows the crypto investment firm's spot bitcoin ETF, which went live in August.

source https://www.coindesk.com/markets/2024/10/14/australias-first-spot-ether-etf-to-go-live-on-tuesday/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Begins the Week on a High, Jumps Above $64K

Crypto majors moved higher Monday while memecoins led weekend action. PLUS: China stimulus announcements fell short of expectations, but traders’ hopes remain high.

source https://www.coindesk.com/markets/2024/10/14/bitcoin-begins-the-week-on-a-high-jumps-above-64k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethena Labs Proposes SOL for USDe's Collateral

If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.

source https://www.coindesk.com/markets/2024/10/14/ethena-labs-proposes-sol-for-usdes-collateral/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Takes Another Shot at $63.5K as China's Vague Fiscal Stimulus Deters Capital Shift

China's highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.

source https://www.coindesk.com/markets/2024/10/12/bitcoin-takes-another-shot-at-635k-as-chinas-vague-fiscal-stimulus-deters-capital-shift/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

source https://www.coindesk.com/markets/2024/10/11/bitcoin-bounces-7-above-63k-as-crypto-traders-eye-china-stimulus-statement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week

The WLFI token sale will be open for everyone who has been qualified through the project's whitelist.

source https://www.coindesk.com/business/2024/10/11/trump-supported-world-liberty-financial-will-start-public-token-sale-next-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return

Trump's odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the market is stagnant despite hopes of another round of stimulus in China.

source https://www.coindesk.com/markets/2024/10/11/trump-themed-polifi-tokens-buck-bitcoin-downtrend-as-china-stimulus-hopes-return/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump's Lead Over Harris Widens on Polymarket's Prediction Market

His odds of winning the U.S. presidential election have soared to a more than two-month high.

source https://www.coindesk.com/markets/2024/10/10/trumps-lead-over-harris-widens-on-polymarkets-prediction-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Four Reasons Ether ETFs Have Underperformed

ETH ETFs haven't gained the same traction as BTC ETFs, even seeing net outflows this week. Tom Carreras investigates why.

source https://www.coindesk.com/markets/2024/10/10/four-reasons-ether-etfs-have-underperformed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’

Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”

source https://www.coindesk.com/policy/2024/10/09/sec-chair-gary-gensler-on-crypto-its-unlikely-this-stuff-is-gonna-be-a-currency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud

Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege.

source https://www.coindesk.com/policy/2024/10/09/prosecutors-charge-two-crypto-market-makers-employees-with-market-manipulation-fraud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Peter Todd Wants to Fix Satoshi's Bitcoin Bugs

The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin's original code. PLUS: Criticisms mount after EigenLayer unlocks EIGEN token, as Babylon vaults to top of Bitcoin DeFi leaderboard.

source https://www.coindesk.com/tech/2024/10/09/the-protocol-peter-todd-wants-to-fix-satoshis-bitcoin-bugs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Former Bitcoin Dev Peter Todd Denies He's Satoshi Hours Before HBO Documentary Airs

"Of course I'm not Satoshi," Todd told CoinDesk Tuesday, saying that filmmaker Cullen Hoback was "grasping at straws."

source https://www.coindesk.com/business/2024/10/08/former-bitcoin-dev-peter-todd-denies-hes-satoshi-hours-before-hbo-documentary-airs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted

source https://www.coindesk.com/markets/2024/10/08/bitcoin-protocol-babylon-pulls-in-15b-of-staking-deposits-as-cap-lifted/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto’s Token Lockup Orthodoxy Is a Scam

Today’s prevailing token distribution model is fundamentally broken, says Christopher Goes, co-creator of Anoma and Namada.

source https://www.coindesk.com/opinion/2024/10/08/cryptos-token-lockup-orthodoxy-is-a-scam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Is 'Richly Valued' Versus Ether, but Could Still Outperform If Trump Gets Elected: Standard Chartered

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

source https://www.coindesk.com/markets/2024/10/08/solana-is-richly-valued-versus-ether-but-could-still-outperform-if-trump-gets-elected-standard-chartered/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC

HKVAX is the latest exchange to receive approval.

source https://www.coindesk.com/policy/2024/10/08/hong-kong-gearing-up-to-approve-more-cryptocurrency-exchange-licenses-by-year-end-sfc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

NEAR, UNI and APT led crypto gains, while bitcoin (BTC) faded after pushing through $64,000 earlier in the day.

source https://www.coindesk.com/markets/2024/10/07/microstrategy-surges-to-6-month-high-as-bitcoin-wrestles-with-key-moving-average/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

My Friend, Satoshi?

A forthcoming HBO documentary has reopened speculation that Len Sassaman was the creator of Bitcoin. I knew Len. The theory is plausible.

source https://www.coindesk.com/opinion/2024/10/07/my-friend-satoshi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

UAE Exempts Crypto Transactions From Value Added Tax

The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority.

source https://www.coindesk.com/policy/2024/10/07/uae-exempts-crypto-transactions-from-value-added-tax/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin, Asian Equities May Be Losing Capital to China Stocks

Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.

source https://www.coindesk.com/markets/2024/10/07/bitcoin-asian-equities-may-be-losing-capital-to-china-stocks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Nears $64K, “Memecoin Supercycle” Trends as MOG, POPCAT Surge

Memecoins have been one of the best-performing crypto sectors in the past year, buoyed by vibrant social communities and attention in the market.

source https://www.coindesk.com/markets/2024/10/07/bitcoin-nears-64k-memecoin-supercycle-trends-as-mog-popcat-surge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy

Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.

source https://www.coindesk.com/markets/2024/10/04/ai-tokens-lead-crypto-rebound-amid-strong-us-economy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.

source https://www.coindesk.com/policy/2024/10/03/imf-urges-el-salvador-again-to-strengthen-regulatory-framework-and-oversight-of-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops

Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.

source https://www.coindesk.com/markets/2024/10/03/bitcoin-dominance-nears-3-year-high-amid-altcoin-weakness-aptos-outperforms-as-sui-drops/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M

Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing.

source https://www.coindesk.com/markets/2024/10/03/nft-mania-is-back-maybe-not-but-a-cryptopunk-just-sold-for-a-record-563m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance's Crypto Market Share Sinks to 4-Year Low

While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com's surged over 40%.

source https://www.coindesk.com/markets/2024/10/03/binances-crypto-market-share-sinks-to-4-year-low/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues

Bitcoin's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

source https://www.coindesk.com/markets/2024/10/02/bitcoin-bounce-above-62k-quickly-fades-ether-xrp-ada-link-lose-as-torrid-october-continues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Spectre of Sam Bankman-Fried Overshadowed Caroline Ellison's Sentencing

Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research last week.

source https://www.coindesk.com/policy/2024/10/02/the-spectre-of-sam-bankman-fried-overshadowed-caroline-ellisons-sentencing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitwise Takes a Step Toward XRP ETF

Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple.

source https://www.coindesk.com/policy/2024/10/01/bitwise-takes-a-step-toward-xrp-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.

source https://www.coindesk.com/business/2024/10/01/tethers-usdt-has-uses-beyond-crypto-markets-trading-ceo-paolo-ardoino/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Diddy Hires Sam Bankman-Fried’s (New) Lawyer

Sean “Diddy” Combs has hired Sam Bankman-Fried’s lawyer, Alexandra Shapiro, to appeal a New York judge’s decision to keep him locked up while he awaits trial for racketeering and sex trafficking charges.

source https://www.coindesk.com/policy/2024/10/01/diddy-hires-sam-bankman-frieds-new-lawyer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines