Bitcoin BTC$77,389.41 was slightly higher on Monday as a sharp drop in oil prices helped lift Asian stock markets. At 6:35 a.m. UTC, the leading cryptocurrency by market cap was trading near $77,200, up 0.4% from midnight UTC, according to CoinDesk data. At that level, bitcoin was trading just above the commonly tracked 50-day simple […]
What now when bitcoin (BTC) and Asian stocks cheer on the price of oil? Read More »
Nasdaq has moved closer to offering cash-settled bitcoin BTC$76,870.72 index options, a move to democratize crypto risk management and eliminate legacy operational barriers. Last week, the US Securities and Exchange Commission gave Nasdaq PHLX conditional approval to list European-style options under the ticker QBTC. These will be European-style cash-settled options tracking the CME CF Bitcoin
Bitcoin options are coming to Nadaq. Here’s what that means for you. Read More »
Coinbase is not at all worried about the increasing competition from Wall Street giants or other traditional financial institutions, the crypto exchange’s head of Policy for Europe told CoinDesk on Friday. “We’ve always said that a rising tide lifts all ships,” Katie Harries said, adding that Coinbase is “not at all” worried about the growing
Coinbase does not fear competition from Wall Street, says exchange manager Read More »
The Federal Reserve released the latest version of its proposal to create a “lean” master account, updating the proposal first published last December. In the same week, President Donald Trump signed an executive order for greater integration of digital assets with existing payment networks. You’re reading State of Crypto, a CoinDesk newsletter that looks at
Crypto and the Fed: State of Crypto Read More »
Crypto lender Ledn says the market for bitcoin-backed consumer loans could grow nearly 300-fold to as much as $1 trillion within the next decade as demand for loans against digital assets far exceeds actual consumption. The forecast accompanied new research by consumer insights firm Protocol Theory, which surveyed 1,244 cryptocurrency holders across the US and
The crypto industry has spent years debating whether quantum computers pose an existential threat to blockchains like Bitcoin and Ethereum. Now, researchers and developers believe that artificial intelligence can accelerate that timeline and force a broader rethinking of how digital security works altogether. Leaders working on post-quantum cryptography and blockchain security described a rapidly changing
AI Accelerating Quantum Threat to Crypto, Security Experts Warn Read More »
Artificial intelligence (AI) agents autonomously spending money online is still a small market, but some of the world’s biggest technology, payments and crypto companies are already building the infrastructure for it, Keyrock said in a new report. The crypto trading and investment firm estimated that AI agents settled over $73 million across about 176 million
Countries in Asia are suffering from shortages of naphtha, an oil derivative used in a dizzying array of products, from household plastics to industrial inks and medical devices. Early global alarm over the war in the Middle East centered on skyrocketing crude oil prices and gasoline spikes at the pump. But in East Asia, naphtha
The war-driven supply shock is already underway in production in Asia Read More »
After crumbling about 4% late Friday into early Saturday, bitcoin BTC$77,003.56 have more than recovered those losses in the last few minutes after President Trump announced an upcoming deal with Iran and other Middle Eastern countries. “A deal has largely been negotiated subject to completion between the United States, the Islamic Republic of Iran and
BTC retreats to $77,000 on Middle East peace deal Read More »
Bitcoin BTC$74,703.02 could enter a new period of outperformance relative to traditional assets as inflationary pressures persist and bond markets weaken, according to Risk Dimensions chief investment officer Mark Connors. Connors, who spent many years as global head of portfolio management at Credit Suisse, said bitcoin recently broke out of what had been its longest
BTC is poised to outperform after a long, difficult stretch against traditional assets Read More »
