Rising Yields and Oil Prices Leave Bitcoin Vulnerable Ahead of U.S. Inflation Data
This is an excerpt from the CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin BTC valuations have retreated over the trailing 24…
Markets
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
Updated 1 hr ago Published 1 hr ago 2 min read U.S. inflation figures for August aligned largely with projections, though the core index climbed…
Bitcoin ETF outflows accelerate as investors pull $449M in three days
ARK 21Shares made up $164 million of the Bitcoin ETF withdrawals on Thursday, while funds for Ether and Solana additionally experienced net outflows. Spot Bitcoin…
Ripple Integrates AI Agents into Its $1 Billion Corporate Treasury Platform
Ripple is integrating GSmart artificial intelligence agents into Ripple Treasury—the previous GTreasury platform it purchased for $1 billion—to oversee corporate funds, assess risk, manage forecasts,…
India Initiates Tokenization of $620 Billion Corporate Bond Market Utilizing Digital Rupee Settlements
India has commenced settling corporate bonds with the help of distributed ledger technology and central bank digital currency, bringing tokenization further into its mainstream financial…
Kalshi Aims for 24/7 Tesla and Nvidia Perps Amid Turf War
Kalshi intends to pursue regulatory clearance for approximately 60 perpetual futures associated with equities and ETFs, such as Tesla, Apple, and Nvidia, designed for round-the-clock…
Crypto for Advisors: Hyperliquid and the Future of Finance
Updated 7 hrs agoPublished 11 hrs ago 7 min read Happy Thursday, advisors! In today’s newsletter, Michael Zhao from Grayscale Research discusses how Hyperliquid transitioned…
Polymarket Appoints Ex-Amazon Finance Chief Warren Jenson as Inaugural CFO
Polymarket has brought on experienced leader Warren Jenson, who formerly worked as CFO at Amazon, to serve as its inaugural chief financial officer. Jenson will…
Bitwise shuts down Dogecoin ETF less than a year after launch
Cryptocurrency asset manager Bitwise reported on Thursday that the company will wind down and shutter its spot Dogecoin (DOGE) exchange-traded fund, roughly 10 months after…
Europe’s Top Regulator Questions Polymarket and Kalshi’s EU Access, Warns of Authorization Gaps
The European Securities and Markets Authority cautioned that major prediction platforms like Polymarket and Kalshi do not possess the permits required to cater to European…