Shortly after the Federal Reserve convened for its final meeting, President Trump took to social media to launch a familiar line of attack. He demanded lower interest rates and lashed out at Jerome H. Powell, then chairman of the central bank – himself sharing an edited photo of Mr. Powell plunging into a dumpster full […]
Political spotlight shines on Warsh for his first Fed meeting as chairman Read More »
Moody’s Ratings is rolling out its credit ratings for Solana (SOL), allowing issuers of tokenized bonds and other fixed-income securities to embed the firm’s ratings directly into blockchain-based assets. The move, announced Wednesday in partnership with Solana-focused tokenization specialist Alphaledger, expands Moody’s Token Integration Engine (TIE) to a larger public blockchain following its initial rollout
Moody’s rolls out on-chain credit ratings in tokenized asset push Read More »
“For most people, the biggest investment, their nest egg, is their equity. Find a way to turn that into some form of bitcoin exposure to a greater or lesser extent,” he said. “So then you can bet that the house asset appreciates, that the house assets appreciate, and that the bitcoin asset appreciates.” Salinas points
The decline is a reflection of a broader decline in investor sentiment towards digital asset-linked stocks. After a wave of crypto IPO enthusiasm last year, bitcoin BTC$65,181.40 and cryptocurrency prices have fallen, with attention increasingly focused on artificial intelligence (AI) companies and a pipeline of long-awaited tech IPOs like SpaceX (SPCX). Several crypto companies, including
BitGo’s $50M Buyback Sparks After Shares Lose 65% Since IPO Read More »
Audits do exactly what they are designed to do – detect errors in the code. And they work. Fewer attacks than before are exploiting flawed code to steal platform funds. The problem, however, is that we’re seeing a growing disconnect between what audits examine and what attackers actually exploit. Today, the industry’s biggest losses don’t
Crypto’s security nightmare will not be solved by regular audits Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. CoinDesk 20 is currently trading at 1774.43, down 1.5% (-26.19) since 4 PM ET Tuesday. Four out of 20 assets are trading higher. Leaders: UNI (+2.5%) and XLM (+2.3%). Laggards: BCH (-3.1%) and ADA (-2.8%). The
Bitcoin Cash (BCH) is down 3.1%, leading to a lower index Read More »
For more than 135 years, the Kanoo family, one of Bahrain’s richest families, has helped build the entire commercial infrastructure of the Gulf. The family, with a net worth of up to $6 billion, owns businesses in shipping, logistics, travel and finance. Abdulla Kanoo, one of the heirs of this 135-year-old dynasty, is now involved
Heir to 135-year-old Gulf dynasty moves $6 trillion trade market onto blockchain rails Read More »
With only about 20% of the $10.6 billion in open interest sitting in-the-money (ITM) and the remaining 80% out-of-the-money (OTM), the market has a strong imbalance that can generate sharp price swings as participants struggle to adjust their positions. The story does not end there. Max pain and put-call ratio Another factor pointing to potential
Bitcoin options traders are preparing for a crucial $10.6 billion expiration in June Read More »
Today’s main event is Fed Chairman Kevin Warsh’s first interest rate decision. No change in rates is expected, meaning markets will scan the policy statement, economic projections and the post-meeting press conference for cues. Here’s what could prompt a risk-on, positive reaction from bitcoin BTC$64,586.08 Dot plot: This is a graphical representation of where individual
Three Fed Signals That Could Make Bitcoin (BTC) Price Pop: Crypto Daily Read More »
Bitcoin BTC$64,825.69 faces selling pressure ahead of today’s Federal Open Market Committee (FOMC) interest rate decision at the first meeting under new Fed Chairman Kevin Warsh. The largest cryptocurrency retreated below $65,000 after trading near $67,000 just a day earlier, CoinDesk data shows. The broader market CoinDesk 20 Index (CD200) has lost 1.2% since midnight
