By Omkar Godbole (All times ET unless otherwise noted) After a brief rebound on Wednesday, BTC and the broader crypto market fell back into the red on Thursday – despite Fed minutes showing a bias towards further rate cuts. The CoinDesk 20 Index (CD20) also fell more than 1% to 4,163 points. What is behind […]
BTC clears Wednesday peak, JPM warns of stock market crash: Crypto Daybook Americas Read More »
Spot solana GROUND$223.06 Exchange-traded funds (ETFS) are unlikely to attract large investor flows even if they are approved this week, according to a report released Wednesday by Wall Street bank JPMorgan (JPM). Solana ETFs could generate about $1.5 billion in inflows in the first year, about a seventh of those for Ether. ETH$4,359.86wrote the analysts
JPMorgan (JPM) Sees Modest Inflows for Solana ETFs (SOL) Despite Likely SEC Approval Read More »
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 4210.27, down 1.7% (-73.39) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.1%) and LTC (-0.9%). Lagging behind: APT (-5.6%)
Index falls 1.7% as all components trade lower Read More »
Flows to Bitcoin BTC$121,262.55 Exchange-traded funds (ETFs) are on track to set a new quarterly record, according to crypto asset manager Bitwise, which expects a sharp rise in the fourth quarter as institutional access broadens, macroeconomic winds strengthen and prices climb. Earlier this year, Bitwise predicted that Bitcoin ETF inflows in 2025 would surpass the
Bitcoin (BTC) ETF Flows Poised to Break Records in Q4, Says Bitwise Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. ANALYSIS Polymarket’s potential launch of the POLY token could
Polymarket’s POLY could bring home Oracle Read More »
BTC reversed Wednesday’s rebound with a drop to $121,500 early Thursday, alongside flat-to-negative action in European stock markets and continued strength in the U.S. dollar. Jamie Dimon, chief executive of JP Morgan, has warned of a major stock market correction in the coming months. Meanwhile, Arhur Hayes, chief investment officer at Maelstrom Fund, said Bitcoin’s
Bitcoin Slides to $121.5K as Dollar Strengthens; Binance Unveils “Meme Rush” Read More »
Monad, the layer 1 blockchain, confirmed in an article on X that its long-awaited token airdrop will take place next week. The claims portal for airdrops will open on October 14, however, the Monad team has not yet released information on airdrop allocation. Monad has positioned itself as a high-performance EVM-enabled Layer 1 chain. Its
Monad confirms timing, but token allocation details remain a mystery Read More »
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has obtained a virtual asset platform operator license from the United Arab Emirates (UAE) Securities and Commodities Authority (SCA), the exchange announced on Thursday. Bybit becomes the first crypto exchange to obtain this full license from the SCA, the company said in a press release. A
The crypto industry is backing down from a document that would outline a U.S. Senate Democratic pitch for managing decentralized finance (DeFi) as part of a broader effort to regulate crypto in the United States. The proposal — a detailed overview outlining an approach to DeFi, first reported by Politico — suggests that a company
Senate Democrats’ Crypto Position Leak Would Stifle DeFi, Industry Insiders Say Read More »
Crypto exchange Coinbase and payments giant Mastercard have each held advanced acquisition talks to buy BVNK, a London-based fintech building stable payments infrastructure, according to six people familiar with the matter who spoke to Fortune. Discussions are not finalized, but multiple sources told Fortune that the potential sale price is between $1.5 billion and $2.5
