Please note that our privacy policy, terms of use, cookies, And do not sell my personal information has been updated. CoinDesk is a award winning media outlet that covers the cryptocurrency industry. The journalists adhere to a strict editorial policy. November 2023CoinDesk has been acquired by the Bullish Group, owner of optimistic, a regulated digital ...
On Friday, US Bitcoin Exchange Traded Funds (ETFs) saw a significant inflow of $263 million – the largest one-day increase since July 22. The surge in inflows came as Bitcoin climbed above $60,000, marking a 12% increase over the past week. Fidelity’s Bitcoin ETF (FBTC) led the way, attracting around $12 million in new investments, ...
“It is likely that the powers of federal agencies will continue to be limited as a result of the Branch shears Clear ruling and in the absence of new, clearer legislation from Congress,” Alex Thorn, head of firmwide research at crypto investment bank Galaxy Digital, wrote in a research note Friday. “This could have major ...
As of September 15, 2024, the overall cryptocurrency market has struggled to gain momentum, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Amid this market downturn, Ripple’s native token XRP has outperformed these major cryptos with a 4% price increase and is currently gaining significant attention from investors and traders. The Reason Why XRP Is ...
Please note that our privacy policy, terms of use, cookies, And do not sell my personal information has been updated. CoinDesk is a award winning media outlet that covers the cryptocurrency industry. The journalists adhere to a strict editorial policy. November 2023CoinDesk has been acquired by the Bullish Group, owner of optimistic, a regulated digital ...
The recent data from QCP Capital has garnered immense attention from crypto traders, especially Ethereum traders, as it suggests that Ether is poised for a significant upward rally before December 2024. According to the data, Ethereum options traders have purchased over 20,000 contracts targeting the $3,000 level, which expires on December 27, 2024. Ethereum options ...
“Tether plays an important role in the current and future development of the digital economy and the hegemony of the US dollar,” Spiro, who also led government affairs at blockchain analytics firm Chainalysis, said in a statement on Friday. “The ever-changing legislative and regulatory landscape will continue to require strong collaboration between the public and ...
While it remains up in the air whether the Federal Reserve will cut its benchmark lending rate by 25 or 50 basis points next week, what is certain is that the U.S. central bank will embark on its first cycle of easing since 2019. In doing so, the Fed will join other major Western central ...
Bitcoin fell around 1% to $57,600 earlier in the day after software firm MicroStrategy announced the purchase of 18,300 BTC for $1.1 billion. The largest crypto quickly recovered from losses and surged later in the session, rising 2.2% in the past 24 hours to $59,700. Source link
Kalshi, which won a major court victory last week when a federal judge ruled that its political prediction markets should be allowed to trade in the U.S., said the CFTC would not suffer significant harm if the new contracts were allowed to trade during the appeals process, but that the company would suffer “significant — ...
