Kevin M. Warsh is no stranger to delicate balancing acts, having helped formulate the Federal Reserve’s response to the global financial crisis as governor more than a decade ago. But the tightrope he must now navigate as president of the central bank is particularly precarious. Mr. Warsh, just weeks into his tenure as head of […]
Warsh faces fragile balance in first Fed meeting as chairman Read More »
Bitcoin BTC$66,404.44 briefly traded above $67,000 Monday evening before falling back below $66,000, indicating the caution with which the crypto is treating the Iran peace deal that has other markets rallying. The token changed hands at $65,845 on Tuesday, up 0.3% over 24 hours and 4.8% over the week, according to CoinDesk data. It reached
Bitcoin falls back below $67,000 as traders warn of Trump toppling Read More »
U.S. Bitcoin spot ETFs lost a net $64 million on Monday, even as spot ETFs for Ether, XRP, Solana and Hyperliquid all generated new money. On the surface, this looks like a net rotation from Bitcoin to everything else. The Ether funds gained $22.5 million, the Hyperliquid funds $17.2 million, and the XRP and Solana
Bitcoin ETFs lost money on Monday while all other crypto ETFs gained Read More »
Bitcoin stabilizes above $66,000 with focus on US-Iran peace, Fed meeting
Bitcoin stabilizes above $66,000 with focus on US-Iran peace, Fed meeting Read More »
Bybit, one of the world’s leading cryptocurrency exchanges by trading volume, has launched options trading on Tether Gold (XAUT), a token that allows you to own real physical gold. XAUT options are now available and allow traders to hedge risks, speculate on gold price movements, trade volatility, and build custom strategies through Bybit’s Request for
Tether Gold now has a dedicated options market on Bybit Read More »
XRP finally broke the $1.20 level that had capped rallies for weeks, but buyers were unable to keep control of the move. After climbing as much as 10% and briefly trading near $1.25, the token experienced profit-taking that pushed it off session highs, putting the focus back on the breakout’s ability to sustain rather than
XRP returns gains after 10% rally as traders take profits near $1.25 Read More »
Rate hikes are generally bearish for risky assets like cryptocurrencies, especially from the BOJ, whose long period of ultra-low rates has supported bull markets in global stocks and bonds. The positive crypto reaction likely stems from a key conciliatory element of the announcement: the BOJ’s decision to suspend bond tapering. As InvestingLive noted, “the bond
Bitcoin Rises After Bank of Japan Raises Interest Rates to 31-Year High Read More »
A key player in the fast-growing derivatives exchange, privately held Hyperliquid is shutting down, raising the prospect of consolidation in one of the industry’s hottest new markets. Ventuals, the project behind valuation-linked perpetual futures OpenAI and Anthropic, announced on Monday that it is ending its operations and its team will join another project within the
Hyperliquid loses Anthropic and OpenAI markets as its creator abandons his project Read More »
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its buying streak after raising new capital through a preferred stock sale. The company acquired 76,881 ether (ETH) over the past week, worth approximately $136 million based on the current ETH price, bringing Bitmine’s cash position to 5.62 million ETH. The company also held 204
Tom Lee’s Bitmine (BMNR) Buys 76,881 ETH as Preferred Stock Sale Fuels Expansion 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 1812.32, up 5.9% (+100.88) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: TAO (+31.9%) and NEAR (+22.2%). Lagging behind: BNB (+2.5%) and BTC
Bittensor (TAO) jumps 31.9%, leading index on the rise Read More »
