Category: ICO

Bitcoin Price (BTC) Continues Higher Following Inline Inflation Data

Prior to this morning’s data, the subject of whether the U.S. Federal Reserve would cut its benchmark fed funds rate range at the bank’s next meeting was closed: There was zero percent chance that the range will remain at its current 5.25%-5.50%, according to CME FedWatch, which figures odds based on positions taken in short-term interest rate markets. In fact, the gauge showed a 52.5% chance of a 50 basis point rate cut versus 47.5% for a 25 basis point move. Source

BTC Tops $61K, But Traders Remain Cautious

Bitcoin topped $61,000, reversing some of its losses from the steep drop at the start of August. BTC has risen more than 4% in the last 24 hours, outperforming the broader crypto market, which has increased just over 2%, as measured by the CoinDesk 20 Index. Despite the gains, some trading funds remain cautious amid a busy week for data, warning of possible short-term tremors that could impede the rally. “Investors remain cautious ahead of US CPI this week,” crypto trading firm QCP Capital said in a Telegram broadcast. “They…

Ethereum Set for Overhaul of Crucial Programming Standard With ‘EVM Object Format’

“The problem that I see is that now performing these operations, performing these verifications, these checks, is also part of the consensus,” he told CoinDesk in an interview at the Ethereum Community Conference in Brussels. “That means if there’s a bug in there, and we deploy something that passes our verification, but has a bug in it, then it will later on crash in a very unexpected way.” Source

Crypto Exchange Crypto.com Secures Multiyear Sponsorship Deal With Soccer’s UEFA Champions League

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Indian Crypto Exchange WazirX Ends Custody Relationship With Liminal, Moves Funds to New Multisig Wallets

“We are in the process of migrating the remaining assets held with Liminal to new multisig wallets,” WazirX said. “This step is essential to ensure maximum security of the assets in light of recent events. While we believe our interface and systems remain uncompromised, the same cannot be said for the custodian’s interface post the July 18th incident, prompting this precaution.” Source

Australia’s Securities Regulator Sues ASX for Misleading Statements About Blockchain Project

Australia’s Securities and Investment Commission (ASIC) has sued the country’s largest market operator, ASX Limited, for allegedly making misleading statements about how its blockchain project to replace its aged Clearing House Electronic Subregister System (CHESS) was progressing, before revealing that it had cancelled the project, the regulator announced on Wednesday. Source

Have Bitcoin (BTC) Prices Bottomed? Miner Capitulation Data Indicates Major Selling Pressure is Done

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…