Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.
news
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.
Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa
The product will allow users to access up to 30% of blocked assets in a liquidity pool.
Polygon’s POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week the upgraded version the network’s token, POL, migrating from its longstanding token MATIC with some tokenomics changes.
CoinDesk 20 Performance Update: ICP and RNDR Each Drop 3.6%, Leading Index Lower
The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.
Michael Saylor’s MicroStrategy Purchased 18.3K More Bitcoins for $1.1B
The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.
XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
First Mover Americas: Bitcoin Trades Little Changed Above $58,000
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Polymarket Bettors See 84% Chance of Donald Trump Starting His Own Token
The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday.