Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to outline a regulatory perimeter for stablecoins and tokenized deposits in the United States, Bank of America said in a Monday report. Recent approvals and proposals mark the start of a multi-year transition that could push more real assets […]
Stablecoin rules mark the start of a multi-year chain shift by US banks Read More »
Major cryptocurrencies fell during the US morning hours on Monday, continuing a now crystal clear pattern of relative underperformance as US stocks trade. Trading pretty flat just below $90,000 overnight, bitcoin BTC$89,629.86 fell to $86,800 in mid-morning US trade. “Since iShares Bitcoin ETF IBIT began trading, had you only owned it after the close (buy
US hours drop below $87,000 Read More »
Prediction markets are rapidly shifting from a niche sideline to a new asset class with monthly volumes around $10 billion, US bank Citizens said. Although small next to the more than $10 trillion in US stocks, they are growing fast as platforms like Robinhood (HOOD), Kalshi and Polymarket. The bank said these markets address a
Prediction markets are quietly becoming a new asset class, citizens say Read More »
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 at 2833.07, down 0.3% (-7.57) since 16 ET Friday. Ten of the 20 assets are trading higher. Leaders: ETH (+2.0%) and AAVE (+1.6%). Lagging behind: HBAR (-3.9%) and ICP (-3.2%).
Ethereum (ETH) gains 2% as index trades flat Read More »
A new decentralized finance (DeFi) model is targeting a persistent problem facing football clubs: short-term liquidity gaps caused by uneven cash flows from media and commercial contracts. The decentralized protocol, hosted on the Chiliz blockchain, enables clubs and sports organizations to raise stablecoin liquidity by tokenizing future receivables, such as broadcasting rights, and using them
Football Clubs Tap Stablecoins for Liquidity via Chiliz’s DeFi Protocol Read More »
Veteran trader and chart analyst Peter Brandt has warned that bitcoins BTC$89,629.86 the signature growth parabola is broken, opening the door to a brutal slide potentially down to $25,000. Brandt’s call hinges on exponential decay in bitcoin’s bull cycles. Historically, the cryptocurrency has rallied strongly for 12-18 months after halving and subsequently slipped into a
Bitcoin (BTC) Could Crash To $25K As Parabolic Arc Has Snapped, Says Veteran Trader Read More »
By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$89,583.57 returned to near $90,000, reversing Sunday’s decline to trade largely unchanged over 24 hours. The same can be said for the broader market, with both the CoinDesk 20 (CD20) and CoinDesk 80 (CD80) indexes little changed. The only notable gainer is the RAIN token,
Looking for jobs in the US, inflation data for guidance: Crypto Daybook Americas Read More »
mETH protocol accelerates fast, on-demand ETH redemptions and return deployment via buffer pool enhancement
JPMorgan Chase, a global bank with $4 trillion in assets under management, is rolling out a tokenized money market fund on Ethereum and pushing deeper into blockchain-based finance amid growing demand from institutional clients, the Wall Street Journal reported first Monday. The fund, called My OnChain Net Yield Fund (MONY), has been seeded with $100
$4T Bank JPMorgan Launches Onchain Fund on Ethereum Read More »
A weekend selloff in a Nasdaq 100-linked perpetual futures market on EdgeX triggered about $13 million in liquidations, highlighting the risk of trading stock index perps when the underlying traditional markets are closed. On Saturday, a newly created wallet began executing a six-hour time-weighted average price (TWAP) order to short 398 XYZ100 contracts worth about
Weekend sale on EdgeX Nasdaq-linked Perp triggers DKK 13 million. USD in liquidations Read More »
