Expansionary policies by not just the Fed, but other global central banks, appear to be fueling asset price appreciation. In August alone, the M2 money supply rose nearly 1%, and the Fed since has trimmed interest rates 50 basis points, with what looks like another 50 basis point rate cut coming in November. Aggressive monetary easing by China and the U.S. Federal Reserve has...

Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday. Moo Deng, a newborn Thai hippo at the Khao Kheow Open Zoo in Bangkok, has captured the hearts of many online through her cute antics. Now, she's the star of a $100 million memecoin. The Solana token crossed the milestone...

BitMex does not operate in the U.S. and is positioned more in Asia than any other part of the world. The U.S. crypto industry will diverge from the rest of the world, becoming more of a digital twin of TradFi, BitMEX Group CEO Stephan Lutz told CoinDesk. Lutz said Asia is strong and that outside the U.S., India will power the industry through the next decade. FOR MORE DETAILS...

“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote. A new proposal on Curve Finance suggests removing TrueUSD (TUSD) as collateral for its stablecoin, crvUSD, due to concerns over TUSD's stability and regulatory issues, reducing its backing limit...

The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls. The post-Fed risk-on rally supports the normalization narrative. Some indicators, like the unemployment rate, the ratio between leading and lagging economic indicators, and the gold-oil ratio, disagree, pointing to an impending slowdown. FOR MORE DETAILS...

Asian markets roared higher and gold notched another record following another round of Chinese fiscal and monetary stimulus. Bitcoin climbed above $64,000 in early U.S. trading hours ahead of a number of Fed speakers, including Chairman Jerome Powell, and after China's Politburo reportedly pledged continuing support to that country's economy and markets. Bitcoin could see...

TIA has outperformed the CoinDesk 20 Index by a wide margin. TIA has outperformed the CoinDesk 20 Index this month by a large margin. There has been an increase in TIA hedging demand ahead of a Oct. 31 token unlock, Wintermute said. Bearish short positions, likely representing hedging, have been crowded out, funding rates suggest. FOR MORE DETAILS PLEASE CLICK...

A Federal Bureau of Prisons rule states that an inmate whose release date falls on a Saturday, Sunday, or legal holiday, may be released on the last preceding weekday. CZ was sentenced to four months in prison in April after pleading guilty to violating the Bank Secrecy Act by failing to set up an adequate know-your-customer (KYC) program at Binance. "We are delighted that...

BlackRock's latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing six-month basis. Bitcoin is up 22% since the Yen carry trade unwind on Aug. 5, while gold and the S&P 500 are up around 11%. Over 65% of the circulating bitcoin supply has remained unmoved for over a year. Almost all holders are in profit if they held for three years,...

Conflux (CFX) saw an 18% rise following news of liquidity injection by the People's Bank of China, with traders focusing on assets perceived as 'China beta' like CFX. PLUS: Bitcoin ETF inflows continue and dog-themed memecoins catch a bid. In Asia's Friday market, dog-themed memecoins like SHIB, BONK, and FLOKI experienced significant gains, with SHIB and FLOKI up by 15% and BONK...

Crypto-fan candidate Bernie Moreno has caught up in Ohio polls as the industry's cash outpaces other PACs in one of the key U.S. Senate races that may decide the majority. Money from the political action committees backed by such crypto firms as Coinbase and Ripple Labs is helping lift the Republican challenger against Sen. Sherrod Brown, who chairs the Senate Banking Committee where...

When Bitcoin is dominated by major institutions (and Bitcoiners are asking for approval from presidential candidates) we are in danger of creating centralized decentralized finance, something Bitcoin’s founders never intended, says Jason Dehni, CEO of Credbull. Bitcoin was created in response to the Great Financial Crisis as the people’s currency to bypass the manipulation...