Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory Onslaught on Crypto
Crypto prices are sharply lower on Thursday, led by bitcoin’s 4% decline. A re-acceleration in inflation pressure in September initially sent markets lower. Declines...
Four Reasons Ether ETFs Have Underperformed
Spot ether ETFs have failed to attract the same kind of demand as spot bitcoin ETFs. But that was a tall order, considering how...
Trump’s Lead Over Harris Widens on Polymarket’s Prediction Market
Donald Trump’s odds of winning the U.S. presidential election have surged to a more than two-month high on the leading prediction market, Polymarket. Traders...
Protocol Village: Nexus, Developer of Zero-Knowledge Virtual Machine, Launches ‘World’s First Open Prover Network’ in Beta
Nexus, developer of a zero-knowledge virtual machine zkVM written in Rust, says it has launched the first beta release of the Nexus network, “the...
Uptrend in Bitcoin’s Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says
Per SwissOne Capital, the BTC dominance rate and the U.S. interest are positively correlated. The recent onset of the Fed rate-cutting cycle poses risk...
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
BTC, ETH recover from overnight lows, but remain in the red on a 24-hour basis. The rallying dollar might be weighing on the crypto...
Dubai’s VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities
Dubai’s virtual-assets regulator issued cease-and-desist orders and fined seven unidentified crypto entities. The emirate projects itself as a crypto hub, and has recently given...
First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in...
U.S. September CPI Disappoints, Rising a Faster Than Expected 0.2%
The CPI rose 0.2% in September and the core CPI rose 0.3%, both numbers stronger than anticipated The data reinforces the notion that not...