US federal prosecutors are demanding 12 years in prison for Do Kwon, the founder of Terraform Labs, the company behind the algorithmic stablecoin UST, which imploded spectacularly more than three years ago. The plea, filed Thursday with a judge in the Southern District of New York, comes after Kwon pleaded guilty earlier this year. He […]
The White House’s newly unveiled national security strategy sounds less like a traditional diplomatic plan and more like a call for global fiscal expansion. For the crypto market, addicted to the idea of rapid interest rate cuts in the US and globally, this appears to be a cold shower no one ordered. The core of
Measuring the Impact of Trump’s National Security Strategy Read More »
Amid intensified international focus on stablecoins, the International Monetary Fund (IMF) has released a 56-page report detailing what it sees as the main risks associated with their adoption. The report draws parallels from the claims made by many other central banks and international financial organizations regarding the threat stablecoins represent to government monetary control, ultimately
New IMF report on Stablecoin risk sparks outrage from crypto experts Read More »
HBAR retreated 2.2% in Thursday’s session as technical selling overwhelmed new ETF speculation. The token decisively broke below the $0.1380 support on volume that peaked 47% above the daily average of 35.5 million tokens. The collapse accelerated around 09:00 GMT when 52.21 million tokens changed hands. Bears drove prices to session lows near $0.1367 before
HBAR coincides with the broad crypto market in the middle of the volume spike Read More »
Paribu, one of Turkey’s largest digital asset platforms, has acquired crypto exchange CoinMENA for up to $240 million, marking the country’s largest fintech acquisition and its first cross-border crypto deal, the company announced on Friday. Based in Bahrain and operating with licenses in both Bahrain and Dubai, CoinMENA is one of the top local exchanges
Turkey’s crypto exchange Paribu buys CoinMENA for up to $240m Read More »
The two largest bitcoin listed companies, Strategy ( MSTR ) and MARA Holdings ( MARA ), have each fallen about 40% over the past six weeks. CoinDesk Research has widely covered the MSTR correction, but MARA, down 55% year-over-year, is also attracting attention as some investors see it as cheap at current levels. Matthew Sigel,
MARA’s ‘discount’ is a myth once debt is included, warns VanEck’s Sigel Read More »
VTB Bank, Russia’s second-largest lender by assets, plans to start offering spot crypto trading to qualified investors next year, becoming the first institution in the country to offer clients direct, deliverable trading in major cryptocurrencies such as bitcoin BTC$90,348.05 and ether ETH$3,094.05according to the Russian media RBU. The facility will be offered to investors with
Russian banking giant VTB becomes country’s first to offer spot crypto trading: Report Read More »
The Blockchain Association has hired Uniswap Labs’ Lindsay Fraser to lead its policy operations as the crypto industry pushes for near-term action from the US Congress on a bill to establish the regulatory playing field for digital asset markets. Fraser, who worked on policy issues for Uniswap as the industry grappled with how decentralized finance
Uniswap’s Lindsay Fraser to run Policy Shop at Blockchain Association Read More »
Despite bitcoin’s recent sharp decline, Wall Street bank JPMorgan is sticking to its volatility-adjusted BTC-versus-gold model target, which points to a theoretical price near $170,000 over the next six to 12 months. The world’s largest cryptocurrency was trading around $91,200 at the time of publication. Strategy (MSTR) is a key driver of bitcoin BTC$90,860.13with markets
JPM is sticking to the $170,000 goal Read More »
By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the broader crypto market’s 3.2% drop as measured by the CoinDesk 20 (CD20) index. The background is messy. A record-long US government shutdown has delayed key labor reports, although
Shift to Long-Term Thinking: Crypto Daybook Americas Read More »
