LINK, the native token of oracle service Chainlink has been under pressure recently as a number of positive headlines failed to break the decline. The […]
Category: Coindesk
Tokenization Is ‘Mutual Fund 3.0,’ Bank of America Says
Bank of America (BAC) sees tokenization, the creation of a virtual investment vehicle on the blockchain linked to a tangible asset, as the next phase […]
SEC, CFTC Chiefs Say Crypto Turf Wars Over as Agencies Move Ahead on Joint Work
The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission plan to hold a joint roundtable as a next step in their efforts to […]
Trump-Backed Thumzup to Add 3,500 Dogecoin Mining Rigs With Dogehash Deal
Thumzup Media, the Nasdaq-listed company backed by Donald Trump Jr., is making a major bet on retail favourite dogecoin (DOGE) with plans to deploy 3,500 […]
Trump Media Closes on Purchase of $105M in Cronos Tokens in Crypto.com Deal
Trump Media and Technology Group (DJT), the parent of Truth Social linked to U.S. President Donal Trump, closed a purchase agreement with crypto exchange Crypto.com […]
CoinDesk 20 Performance Update: Index Gains 3% as All Assets Trade Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading […]
U.S. Added Just 22K Jobs in August as Unemployment Rate Rose to 4.3%
The employment situation in the U.S. continued to show softness last month, likely sealing the deal for a rate cut at the Federal Reserve’s upcoming […]
Crypto Markets Today: XRP, SOL Likely to Move 4% as Payrolls Data Looms
As the crypto market awaits the U.S. nonfarm payrolls release for insights on the how the Federal Reserve might act on interest rates, implied volatility […]
Sora Ventures to Buy $1B in Bitcoin With New Treasury Fund
Investment firm Sora Ventures announced what it says is Asia’s first dedicated bitcoin (BTC) treasury fund, with plans to buy $1 billion worth of the […]
Bitcoin Faces Jobs Test as Tether Considers Gold Mining: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) As both traditional and crypto markets await the U.S. nonfarm payrolls data, some unrelated news hit […]