LUGANO, Switzerland — Tether, the crypto company behind the world’s largest stablecoin, USDT USDT$1.0001plans new investments to bring its U.S.-focused U.S. dollar stablecoin to a U.S. user base of 100 million, Tether CEO Paolo Ardoino said in an interview on Friday. The USAT token, designed specifically for the U.S. market to comply with federal regulations […]
Prediction Market Polymarket will launch a token and distribute a portion of it to users after officially resuming its operations in the United States, the company’s chief marketing officer confirmed Thursday. “There will be a token, there will be an airdrop,” Polymarket CMO Matthew Modabber said on the Degenz Live podcast. But the launch is
Polymarket to launch Token and Airdrop after US relaunch, says CMO Read More »
Crypto market supported by weaker-than-expected CPI print, with Bitcoin BTC$110,233.23 rising above $110,000 in the form of ether ETH$3,907.66 comes to around $4,000. Positive investor sentiment appears to be strongly aligned with bitcoin, with CoinMarketCap’s “altcoin season” indicator hitting its lowest level in over 90 days as bitcoin’s dominance continues to rise. Positioning of derivative
BTC Reclaims $110,000 as Softer CPI Boosts Market Sentiment and Altcoins Lag Read More »
Crypto exchange Gemini (GEMI) is still a waiting game, Wall Street bank Citigroup said. Led by analyst Peter Christiansen, the bank’s analyst team reiterated its neutral and high-risk view on GEMI, while reducing the price target from $26 to $23. GEMI is up 5.5% Friday at $20.60. While Gemini’s marketing efforts have been impressive, particularly
Gemini (GEMI) price target reduced to $23; Bullish (BLSH) increased to $77 Read More »
Wall Street bank JPMorgan (JPM) upgraded Coinbase (COIN) from “overweight” to “neutral” and raised its price target to $404, citing new monetization opportunities and reduced risks that make the crypto exchange more attractive compared to its peers. Shares were up about 4% in early trading, around $332. The bank highlighted two key enablers: a potential
BTCC Exchange Announces Halloween Fortune Night with Bitcoin, Gold Bar and iPhone 17 Prices
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3686.33, up 2.1% (+75.87) since 4 p.m. ET on Thursday. Nineteen out of 20 assets are trading higher. Leaders: BCH (+4.0%) and HBAR (+3.5%). Laggards: APT (-0.8%) and
Bitcoin Cash (BCH) gains 4%, leading index on the rise Read More »
The U.S. government shutdown led to a shortage of official economic data this month, but the Bureau of Labor Statistics rounded up enough of its panel to release its Consumer Price Index (CPI) report for September, and it came in better than expected. The CPI rose 0.3% month over month, compared with economists’ expectations of
Bitcoin (BTC) Price Advances on Soft Inflation Data Read More »
Investment banking giant JPMorgan Chase plans to let institutional clients use their bitcoin BTC$111,313.75 and ether ETH$3,975.84 loan collateral holdings by the end of the year, according to a Bloomberg report. Tokens pledged under the global program will be protected by a third-party custodian and extend JPMorgan’s earlier decision to accept crypto-related ETFs as loan
JPMorgan to allow clients to pledge Bitcoin and Ether as collateral: Bloomberg Read More »
By Omkar Godbole (All times ET unless otherwise noted) The crypto market is buoyant, with bitcoin BTC$111,313.75 climbing to $111,500 and the CoinDesk 20 Index (CD20) up 2% to 3,667 points. Most major cryptocurrencies, including BNB, XRP, SOL, and ETH, traded higher after President Trump pardoned Binance founder Changpeng Zhao. Additionally, the White House confirmed
Inflation report in sight; Multicoin offers attention perps: Crypto Daybook Americas Read More »
