Tag: News

As bitcoin battles to establish a foothold above $11K and with DeFi surging on Ethereum, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Bitcoin is again looking to establish a foothold above $11,000 on Friday, although the technical charts are anything but stridently bullish. More than 92,000 bitcoins have been tokenized on Ethereum. Decentralized trading platform Uniswap has launched a governance token, UNI, minting 1 billion coins to be released to the public over the next four years. A minimum of 400 UNI was airdropped to everyone…

With bitcoin slipping with European stocks and a leaked memo about China’s blockchain plans, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Federal Reserve officials said Wednesday they would hold U.S. interest rates at zero and work to push inflation above 2% “for some time.”  New investors are entering the bitcoin market at a faster pace and possibly creating upward pressure on prices, on-chain data shows.  China’s state-sanctioned Blockchain-Based Service Network is finally bringing public chains to its homeland – but they will look very different.  On…

With bitcoin fighting for $11K and the first CBDC in real life, CoinDesk’s Markets Daily is back for your latest crypto news roundup! With the Federal Reserve’s decision on rates due later Wednesday, bitcoin traders will be watching the U.S. dollar action. The Bahamas’ “Sand Dollar” will likely be the world’s first live central bank digital currency (CBDC) when it launches in October.  How the business analytics chief became Wall Street’s boldest bitcoin maximalist. Agencies from 48 states are expected to unveil a framework Wednesday that will simplify and consolidate…

With BTC crossing into bullish territory and a new smart contract-powered tokenized DeFi Index, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Bitcoin (BTC) has crossed into the bullish territory but may remain vulnerable to another sell-off in stocks. Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index. Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase. DeFi lending…

As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup! The Deribit exchange has seen a spike in investors buying the $36,000 December call option despite the market placing low odds on a new record high this year.  An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx. An Iranian free trade zone is proposing locally mined cryptocurrency…