CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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LINK Token Drops 2.8% to $22.4 Amidst Market Pressure
The native token of Chainlink, LINK, has experienced a decline despite recent positive developments.
Key points include:
LINK dropped 2.8% in the...
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Ether Sheds 4% as Crypto Markets Sell Off After Job Data
Crypto markets experienced a sell-off despite disappointing August employment data indicating potential monetary easing by the Federal Reserve.
...
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XRP Falls 4% After Rejection at $2.88 Amid ETF Speculation
XRP experienced a sharp pullback after failing to maintain momentum above the $2.88–$2.89 resistance zone amidst ongoing ETF speculation ahead of...
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HBAR Token Declines 12% Despite Wyoming Stablecoin Endorsement
Hedera's HBAR token initially rose 6% from $0.21 to $0.22 but faced significant sell pressure, erasing gains and breaking critical support levels....
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Bank of America Calls Tokenization the Future of Investment Products
Bank of America (BAC) identifies tokenization as the next evolution in investment products, referring to it as "mutual fund 3.0." Key points...
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SEC and CFTC Announce Joint Roundtable to Discuss Crypto Regulations
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are organizing a joint roundtable to enhance the...
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Thumzup Media Plans Acquisition of Dogehash to Add 3,500 Mining Rigs
Thumzup Media, a Nasdaq-listed company backed by Donald Trump Jr., plans to deploy 3,500 Dogecoin mining rigs by year-end through a pending...
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Trump Media Finalizes $105 Million Purchase of 684.4 Million Cronos Tokens
Trump Media and Technology Group (DJT) has signed a purchase agreement with Crypto.com for 684.4 million Cronos (CRO) tokens, valued at $105...
CoinDesk 20 Index Rises 3% with All Assets Trading Up
The CoinDesk 20 Index is currently at 4081.41, reflecting a 3.0% increase (+120.44) since Thursday at 4 p.m. ET.
All 20 assets in the index...
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U.S. Nonfarm Payrolls Increase by 22,000 in August
The U.S. employment report for August indicates ongoing weakness, potentially leading to a Federal Reserve rate cut in mid-September.
Nonfarm...
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Crypto Market Volatility Expected as U.S. Payrolls Data Approaches
The crypto market is awaiting the U.S. nonfarm payrolls report, which could influence Federal Reserve interest rate decisions. Implied volatility...
Sora Ventures Launches Asia's First Bitcoin Treasury Fund to Acquire $1 Billion
Sora Ventures announced Asia’s first dedicated bitcoin treasury fund, aiming to purchase $1 billion in bitcoin within six months. This was revealed...
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Tether Explores Investment in Gold Industry Amid Bitcoin Market Dynamics
As the U.S. nonfarm payrolls data is anticipated, Tether is reportedly exploring investments in the gold industry, emphasizing gold’s stability...
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Elliptic Launches Due Diligence Tool for Stablecoin Transaction Monitoring
Stablecoins are increasingly used for transactions, including by criminals, due to their stability compared to volatile cryptocurrencies like...
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Bullish Europe Secures MiCA License for Cryptocurrency Operations in Germany
Bullish Europe has received a license under the Markets in Crypto-Assets (MiCA) regulation from Germany's Federal Financial Supervisory Authority...
