A U.S. government shutdown and fresh stress in Japan’s bond market failed to derail digital assets this week, as traders positioned for looser global liquidity conditions. With Friday’s U.S. payrolls report potentially delayed and Japanese yields climbing to their highest levels since 2008, crypto markets are showing signs of decoupling from broader macro caution. The […]
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) moved higher amid the U.S. government shutdown and its up roughly 3% in the last 24 hours to $116,400. The broader crypto market, as measured by the CoinDesk 20 index (CD20) rose 3.5%. Equities markets excluding the U.S. also moved higher, even as traders […]
Bitwise chief investment officer Matt Hougan said crypto’s critics often miss the scale of what’s at stake, in a report published Monday. Bitcoin (BTC), with a $2.3 trillion market value, is often compared to Amazon (AMZN), Hougan noted. But while Amazon’s worth comes from the fact that it’s used by millions every day, bitcoin’s value […]
SINGAPORE — By the time Token2049 reconvenes next year, today’s headline‑grabbing decentralized exchanges like Hyperliquid and Aster may no longer dominate, BitMEX CEO Stephan Lutz told CoinDesk in an interview, warning that their incentive‑heavy business models are too fragile to endure. Recently, a competitive battle has erupted in the perpetual decentralized exchange (perp DEX) sector, […]
The much-anticipated “Uptober” has arrived, and the momentum is already building on the very first day of the month. Bitcoin has broken through the $116,000 mark, climbing 2% in the past 24 hours and briefly reaching as high as $116,600. The rally is unfolding against a backdrop of a U.S. government shutdown and record-setting strength […]
CoinShares, the European digital asset manager with roughly $10 billion under management, said Wednesday it will acquire Financial Conduct Authority-regulated Bastion Asset Management. The financial details of the deal, which is subject to UK regulatory approval, were not disclosed in press materials. The move is intended to deepen CoinShares’ capabilities in actively managed crypto strategies […]
Chainlink said it developed a technical process allowing banks to interact with tokenized investment funds through Swift, the interbank messaging system that underpins much of traditional finance. In a pilot with UBS, Chainlink’s Runtime Environment (CRE) processed subscriptions and redemptions for a tokenized fund using ISO 20022 messages, the international standard for financial messaging used […]
Deutsche Börse Group (DB1) signed a memorandum of understanding with Circle Internet Group (CRCL) to bring regulated stablecoins into Europe’s financial market infrastructure. The agreement aims to integrate Circle’s euro- and dollar-pegged tokens, EURC and USDC, into trading, settlement and custody services across the exchange operator’s platforms, the firms said in a statement on Tuesday. […]
Societe Generale’s digital asset subsidiary, SG-FORGE, has taken its euro and dollar stablecoins into decentralized finance (DeFi), opening them up to borrowing, lending and spot trading, according to a press release on Tuesday. The move places the bank’s EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) on Ethereum-based protocols Morpho and Uniswap, extending SG-FORGE’s effort to […]
DOGE advanced intraday but couldn’t sustain above $0.24, fading into a tight post-rally coil. A 780M volume burst fueled the midday push; late in the session, supply re-emerged and price reset to the $0.23 shelf. News Background Large-holder flows turned net negative for the day, with whales offloading an estimated 40M DOGE, trimming aggregate balances […]
XRP Holds Above $2.90 as ETF Decisions Loom
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XRP gained 2.1% during the 24-hour trading session from September 28 at 21:00 to September 29 at 20:00, climbing from $2.84 to $2.90 while moving within a $0.10 range that represented 3.47% of the opening price. News Background • Large institutional addresses holding between 10–100 million XRP tokens accumulated over 120 million coins across the […]
XRP Holds Above $2.90 as ETF Decisions Loom
Categories
XRP gained 2.1% during the 24-hour trading session from September 28 at 21:00 to September 29 at 20:00, climbing from $2.84 to $2.90 while moving within a $0.10 range that represented 3.47% of the opening price. News Background • Large institutional addresses holding between 10–100 million XRP tokens accumulated over 120 million coins across the […]