World Liberty Financial’s native token (WLFI) is holding steady after the project’s community overwhelmingly approved a plan to direct all protocol-owned liquidity fees toward a buyback-and-burn mechanism. WLFI is trading near $0.20, up 0.2% over the past 24 hours and 7.8% higher on the week, according to CoinGecko data. The token has a market capitalization […]
A new strain of malware purpose-built to steal crypto wallet data is slipping past every major antivirus engine, according to Apple device security firm Mosyle. Dubbed ModStealer, the infostealer has been live for nearly a month without detection by virus scanners. Mosyle researchers say the malware is being distributed through malicious recruiter ads targeting developers […]
Key economic data released Thursday indicate that the U.S. economy may be on the brink of stagflation, a challenging mix of sluggish growth, a weakening labor market, and rising prices. Despite these concerns, crypto market participants remain optimistic, focusing instead on anticipated Federal Reserve rate cuts and signals from traditional markets as drivers for higher […]
Dogecoin surged nearly 6% to $0.261 in the past 24 hours as traders positioned for the scheduled debut of the first U.S. Dogecoin ETF on September 12. Anticipation of the “DOJE” product, coupled with whale accumulation exceeding 280 million DOGE, fueled heavy late-session flows with volume topping 1.1 billion. Analysts now focus on whether the […]
Christie’s has shuttered its digital art department, ending a short-lived but influential experiment that saw Non Fungible Tokens (NFTs) have a place alongside paintings, sculptures, and other works in the auction house’s art sales, according to a report from Now Media. Two staffers were let go at the end of August, including vice president of […]
Figure Technologies, a blockchain-focused lending platform founded by SoFi co-founder Mike Cagney, has priced its initial public offering at $25 per share, which would raise $787.5 million. Shares of the company’s Class A stock is scheduled to begin trading on the Nasdaq under the ticker symbol “FIGR” later today, September 11, according to a press […]
The Scroll decentralized autonomous organization (DAO) is set to “pause” its governance process after leadership resignations and confusion over live proposals, key DAO members discussed during on a Wednesday delegate call. A DAO operates according to blockchain rules rather than a centralized authority. The rules are coded into smart contracts, and members typically hold tokens […]
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Major cryptocurrencies are looking bullish, with market leader bitcoin (BTC) exhibiting a classic inverse head-and-shoulders breakout that could propel it toward $120,000. But there’s a catch. The daily chart for the S&P 500 E-Mini futures is displaying a bearish pattern, indicating […]
South Korea’s benchmark equity index, the Kospi, has reached a record high of 4,340 points, driven by prospects of shareholder-friendly policies and positive global market sentiment. The new high has prompted one analyst to urge caution among bitcoin (BTC) bulls, suggesting that the surging Kospi could mark the end of the BTC bull run, consistent […]
Bitcoin (BTC) traded around $114,200 in Asian morning hours Thursday, up 2.4% over 24 hours, as majors firmed into a heavy macro week. Ether (ETH) was up 2.4% to $4,400, XRP (XRP) rose above $3, BNB Chain’s BNB (BNB)neared $900 and Solana’s SOL (SOL) gained nearly 3%. Dogecoin (DOGE) outperformed with a 5% daily gain […]
Asset prices reflected a buoyant mood on Wednesday, with bitcoin reclaiming $112,000 and European stocks rising at the open, as analysts increasingly downplayed fears of stagflation and recession triggered by horrible U.S. jobs data. On Tuesday, the U.S. Bureau of Labor Statistics published a shocking update: The economy likely added 911,000 fewer jobs than originally reported […]
Cryptocurrency exchange Kraken has expanded its xStocks offering to millions of clients across the European Union, providing on-chain access to U.S. equities to investors in the region. The expansion enables eligible European investors to trade tokenized versions of popular U.S. stocks and exchange-traded funds (ETFs) directly through the Kraken app. “Expanding xStocks to the European Union was […]