Business

Bitcoin is no longer an outlier, says OKX president Hong Fang. It now behaves more like a macro proxy – one that traders use to express their views on growth, risk appetite and volatility.

Ether is the worst performer among the major cryptos, down more than 6% over the past 24 hours and falling below $3,000.

The upgrade uses a “pull” model for sub-second updates, allowing more advanced trading logic and avoiding high gas costs.

Chairman of the Commodity Futures Trading Commission, Mike Selig, is signaling an intention to enshrine crypto policy in formal rules that would be difficult to reverse down the road.

Prediction market platform Kalshi will be temporarily ordered by a superior judge in Massachusetts to halt its online sports business there.

Analysts, CoinDesk reporters and longtime industry participants weigh in on today’s bitcoin, crypto and market price action.

A new report from Schwab divides crypto into 3 layers – network, infrastructure and products – and says that most value is still concentrated in the base.

The credit card giant is considering a strategic investment in Zerohash as opposed to buying the company outright, according to people familiar with the transaction.

Funded by Solayer Labs and the Solayer Foundation, the effort is aimed at onchain apps with revenue and high usage potential.

Gold-backed crypto tokens booked $178 billion in trading volume last year, outpacing all but one major gold ETF, a report showed.