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Krisztian Sandor @ CoinDesk 3 place · 11/08/2024 16:00 EDT

Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going

Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 11/08/2024 12:44 EDT

Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. Read more ›

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CoinDesk
Callan Quinn @ CoinDesk · 11/08/2024 08:30 EDT

Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong

The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong. Read more ›

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 11/08/2024 08:16 EDT

First Mover Americas: BTC in Price Discovery Mode Following Record High

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 11/08/2024 07:23 EDT

D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk's Strong Link to President-Elect Trump

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 11/08/2024 07:13 EDT

Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 11/08/2024 01:16 EDT

Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts

BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk · 11/07/2024 20:52 EDT

Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets

The U.S.'s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket. Read more ›

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CoinDesk
Cheyenne Ligon @ CoinDesk 3 place · 11/07/2024 16:37 EDT

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury. Read more ›

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CoinDesk
Paul Brody @ CoinDesk · 11/07/2024 14:58 EDT

Intense Competition — Not Technology — Will Fuel Blockchain's Rise to Dominance

Like the internet itself, decentralized networks aren't always the most efficient tools for some tasks. However, the open, permissionless nature of these networks creates intense competition that often serves customers better than technical efficiency alone, says EY’s Paul Brody. Read more ›

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CoinDesk
Margaux Nijkerk @ CoinDesk · 11/07/2024 14:31 EDT

In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'

Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification. Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 11/07/2024 14:09 EDT

Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win

Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.S. presidential election. Read more ›

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24.11.2024 02:40
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