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Scott Garliss @ CoinDesk · 09/17/2024 09:45 EDT

Don’t Believe the Hype, the First Rate Cut Isn’t a Market Disaster

With the first Fed rate cut looming, the markets are in selling mood. But history shows that the S&P tends to rally after monetary easing, which in turn should support risk assets like cryptocurrencies, says Scott Garliss. Read more ›

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CoinDesk
Marc Hochstein @ CoinDesk · 09/17/2024 09:00 EDT

A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation

Unlike industry leader Polymarket, Limitless Network isn't focusing on the election. It's carving out a niche with contracts that expire quickly and user-created markets. Read more ›

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CoinDesk
Camomile Shumba @ CoinDesk · 09/17/2024 09:00 EDT

OMFIF Survey Respondents Believe Substantial Level of Tokenization is Still Three Years Away

The Official Monetary and Financial Institutions Forum's digital assets report said that 92% of its respondents believe that financial markets will experience tokenization at some point. Read more ›

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 09/17/2024 08:02 EDT

First Mover Americas: Bitcoin Reclaims $59K as Traders Anticipate 50-Bps Fed Rate Cut

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 09/17/2024 07:11 EDT

DYdX to Debut Perpetual Futures on Prediction Markets as DEX Seeks to Raise Profile

Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d'Haussy said. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 09/17/2024 04:32 EDT

Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin

Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups. Read more ›

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CoinDesk
Shaurya Malwa, Sam Reynolds @ CoinDesk · 09/17/2024 02:49 EDT

Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%

Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago. Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 09/16/2024 16:55 EDT

Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance

The company is the largest corporate bitcoin holder with 244,800 bitcoin worth over $14 billion in its treasury. Read more ›

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CoinDesk
Cheyenne Ligon @ CoinDesk · 09/16/2024 14:55 EDT

CZ Set to Be Released From Prison on September 29

The Binance founder is currently living in a halfway house in San Pedro, California. Read more ›

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CoinDesk
Camomile Shumba @ CoinDesk · 09/16/2024 12:00 EDT

More than 40 Firms Join Central Bank Group to Explore Tokenization for Cross-Border Payments

More than 40 financial firms will join central bank group the Bank for International Settlements to explore how tokenization can enhance wholesale cross-border payments in Project Agorá, the BIS said on Monday. Read more ›

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CoinDesk
Tara Annison @ CoinDesk · 09/16/2024 12:00 EDT

Is EigenLayer Ready For Institutional Adoption?

Restaking leader EigenLayer is a hit with more risk-accepting retail investors, but it doesn’t currently meet institutional needs, says Tara Annison, Head of Product at Twinstake, a non-custodial staking provider for institutional clients. Read more ›

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CoinDesk
Sam Reynolds @ CoinDesk · 09/16/2024 11:30 EDT

Second Assassination Attempt Barely Moves Trump's Polymarket Odds

Nearly $1 billion has been bet on the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting? Read more ›

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25.11.2024 23:36
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