Crypto market positioning is 'defensive and thin' after Fed, Marex analysts say
The crypto market slipped a day after the Federal Reserve raised expectations that U.S. interest rates are headed higher.
Crypto
The bond market is flashing a clear signal on interest rates. Bitcoin bulls should take note
Something has drastically shifted in the bond market, and it's offering negative cues to risk assets, including bitcoin
Live markets: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
US spot bitcoin and ether ETFs both turned to outflows on Wednesday in a sign the recovery rally has lost its institutional bid.
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Strategy's STRC preferred stock hits a record low below par
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting one of the company's funding channels.
Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
That level is the 200-week simple moving average (SMA), which represents the token's average price over that period, providing traders with a clear glimpse of the long-term trend while cutting through day-to-day noise.
Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks
Crypto fell across the board on Thursday, shrugging off a signed Iran peace deal that lifted stocks, after the Federal Reserve held interest rates but made clear it is more worried about inflation than growth.
Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing on real-world applications, such as tokenization, and artificial intellige…
Kentucky targets prediction markets, puts red state in potential clash with Trump team
Kentucky's attorney general has sued leading prediction market firms Kalshi and Polymarket, accusing them of offering illegal sports betting without a license, adding its name to the growing list of states opposing the …
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Fidelity joins Wall Street's race to manage stablecoin reserves
Fidelity Investments is the latest Wall Street firm seeking a role in one of the fastest-growing corners of digital assets: managing the reserves that back stablecoins.
Bitcoin layer-2s face a bear-market reality check
When Botanix announced last week that it would be winding down operations, the Bitcoin layer-2 project did not try to sugarcoat its message.
Fed holds rates steady in first decision under new Chairman Kevin Warsh
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously.
Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting or storing crypto for customers in the state, but it may be too late to change it in th…
Crypto Long & Short: The measure of a maturing market
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BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price
Crypto infrastructure provider BitGo's (BTGO) shares jumped as much as 20% on Wednesday after the company announced a $50 million share buyback program to support a stock that has struggled since its public debut earlie…
Crypto’s security nightmare won’t be solved by ordinary audits
The crypto sector has been plagued by cybersecurity issues for years. Malicious actors, particularly North Korea’s Lazarus Group, have stolen more than $2.2 billion since 2022, prompting the industry to triple its numbe…
Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate
Mexican billionaire Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist.
Kevin Warsh's first Fed meeting could be more about communication than rates
Federal Reserve Chair Kevin Warsh is heading the central bank's two-day policy meeting, concluding this afternoon, with investors looking beyond the interest-rate decision itself for clues about how he plans to reshape …
CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 3.1%, leading index lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
A new Bittensor proposal would turn validators into something like fund managers
A new proposal for Bittensor, the decentralized AI network behind the TAO token, would change how the network pays its validators and turn them into something closer to fund managers.
SpaceX's $2.6 trillion market cap nearly double that of bitcoin
SpaceX (SPCX) has climbed more than 40% since its June 12 debut to a roughly $2.5 trillion market value, making it the sixth-largest company in the world and worth nearly twice the entire bitcoin market.
Bitcoin's June downturn leaves $8.6 billion in options out of the money
That amount is roughly 80% of the $10.6 billion worth of options expiring on June 26, according to data source Deribit. These dollar figures represent notional open interest, or the dollar value of the number of active …
Heir to 135-year Gulf dynasty is moving a $6 trillion trade market onto blockchain rails
For more than 135 years, the Kanoo family, one of Bahrain's wealthiest families, has helped build the Gulf’s entire commercial infrastructure.
Three Fed signals that could make bitcoin pop
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UNI token surges while rest of crypto market looks to Fed's Warsh for guidance
The largest cryptocurrency pulled back below $65,000 after trading near $67,000 just a day earlier, CoinDesk data show. The broader market CoinDesk 20 Index (CD200) has lost 1.2% since midnight UTC, with all but four to…