Bitwise CIO Matt Hougan updates Clarity Act perspective, argues crypto bull run can persist without new laws
Bitwise Chief Investment Officer Matt Hougan has revised his outlook, stating that he no longer anticipates the
Binance Deepens Traditional Finance Entry with Round-the-Clock FX Perpetuals
Binance is broadening its derivatives portfolio into foreign exchange by introducing 24/7 perpetual futures, beginning with a United States dollar to Brazilian real contract on…
Coinbase Applies to Launch Single-Stock Perpetual Futures in the United States
Coinbase has submitted an application to the Commodity Futures Trading Commission to introduce single-stock perpetual futures within the United States, aiming to extend a derivatives…
Hong Kong Court Sentences Ex-Banker to Four Years for $1.6B Fraud and Crypto Bribes
An ex-bank employee in Hong Kong who fraudulently approved credit letters valued exceeding $1.6 billion has been handed a four-year prison term, alongside an order…
Bastion Secures Conditional OCC Approval for National Trust Bank Charter
Stablecoin infrastructure provider Bastion announced that the Office of the Comptroller of the Currency (OCC) has provided preliminary conditional approval for a United States trust…
Crypto Markets Rally Despite Federal Reserve’s First Rate Hike Since 2023
On Thursday, Bitcoin climbed to $76,621, marking an increase of 0.60% from midnight UTC and 0.88% over a 24-hour window, as speculative assets concentrated on…
Live Updates: Zcash Surges 17% Amid $345 Million in Crypto Liquidations
The SEC revealed its long-awaited “innovation exemption,” establishing a framework for venues based on blockchain technology to issue tokenized securities. Nasdaq gains 1.7% as risk…
Optimism returns to crypto markets as traders watch for echoes of 2022
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Digital currencies experienced a price recovery after the Federal Reserve…
Circle’s Institutional Arc Blockchain Overrun by Memecoins on Launch Day
Circle’s CRCL$91.59·Market Closed Arc blockchain launched on Wednesday with BlackRock, Visa, Mastercard, and the DTCC among its 11 foundational validators, while CEO Jeremy Allaire described…
Grayscale’s Pandl Maintains That Bitcoin’s $58K Trough Is the Bottom and Gives Clients the Green Light
Zach Pandl, Grayscale’s Head of Research, mentioned that bitcoin’s approximate $58,000 floor near June 30 is still his prediction for the trough of the ongoing…