Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.
news
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
Dragonfly, Crypto.com Weigh in on CFTC’s Proposed Prediction Market Rules
Both parties argue the CFTC’s move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent ‘Chevron’ court ruling limits its power.
IRS Shares New Crypto Tax Form, Invites Industry Input
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
Protocol Village: Greyscale AI Goes Live on Casper, Cubist Adds Key Management Support for Bitcoin
Protocol Village is CoinDesk’s living column chronicling blockchain tech project updates (CoinDesk)
CoinDesk 20 Performance Update: XRP’s 7.8% Decline Weighs on Index
APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses.
Bitcoin’s 12% Price Rally on Thursday Was the Biggest Since February 2022
Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns.
First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Here’s Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
XRP’s order book on U.S. exchanges is 30% more liquid than offshore platforms.