Crypto Market
Daily Update on CoinDesk 20: UNI Rises 10.4%, Against a Mostly Steady Index
Today's performance review reveals UNI's impressive surge while Aptos faced a decline.
Crypto
Uniswap Labs Launches Unichain: A New Layer-2 Network Addressing Transaction Speed and Cost
Uniswap Labs has introduced Unichain, a layer-2 network built on Optimism technology, aimed at enhancing transaction speeds and liquidity for Ethereum users.
Economy
U.S. Inflation Surpasses Expectations: CPI Rises 0.2% in September
The September Consumer Price Index data reveals a 0.2% increase, likely influencing Federal Reserve policies in the upcoming meeting.
Finance
Bitcoin Surges Back to $61K Amid Anticipation of September CPI Data
A look at the latest movements in the cryptocurrency market as Bitcoin returns to $61,000 ahead of significant inflation data.
Policy
Dubai's VARA Imposes Fines and Cease-and-Desist Orders on Seven Crypto Companies
Dubai’s regulator steps up enforcement against unlicensed crypto firms amidst efforts to position itself as a global crypto hub.
Economy
Bitcoin and Ether Face Losses Amid Strengthening Dollar Before U.S. Inflation Data
A looming U.S. inflation report could complicate the outlook for interest rates, affecting Bitcoin and Ether's performance.
Crypto
Bitcoin's Dominance Rate Faces Challenges Amid Fed's Rate Cuts, Says Crypto Manager
SwissOne Capital warns that the ongoing rate-cutting cycle by the U.S. Federal Reserve could hinder Bitcoin's market dominance growth.
Blockchain
Nexus Unveils Revolutionary Open Prover Network in Beta Release
Explore the groundbreaking launch of Nexus's open prover network designed to leverage collective computing power for the Verifiable Internet.
Crypto
Bitcoin Falls Below $61K, Ether Drops 3% Amid PlusToken Coin Transfers
Bitcoin experiences a decline as ETH related to the PlusToken Ponzi scheme is transferred to exchanges, raising concerns of market selling pressure.
Policy
Gary Gensler Challenges the Utility of Crypto as Currency
SEC Chair Gary Gensler discusses the role of cryptocurrencies, emphasizing their focus as a store of value instead of a currency.
Crypto
Inflation Growth: A Positive Shift for Risk Assets Like Bitcoin and Ethereum
Inflation metrics suggest a slowdown, indicating favorable conditions for cryptocurrencies, according to Scott Garliss.
Policy
Charges Laid Against Four Crypto Market Makers for Fraud and Manipulation
Federal prosecutors accuse Gotbit, CLS Global, MyTrade, and ZM Quant of offering illicit market manipulation services to falsely inflate trading volumes.
Crypto
Peter Todd's Vision for Revamping Bitcoin's Legacy
A deep dive into the upcoming HBO documentary featuring Peter Todd, an influential Bitcoin figure proposing pivotal upgrades to address flaws in Bitcoin's original code.
Crypto News
Responses from the Crypto Community to HBO's Satoshi Documentary
The recent HBO documentary on Satoshi stirred mixed reactions among crypto enthusiasts, with many experts voicing skepticism about its claims.
Blockchain
Colombian Neobank Shifts from Ethereum to Avalanche Amid Rising Demand for Treasury Products
Littio, a neobank in Colombia, is migrating its vault holdings from Ethereum to Avalanche, capitalizing on growing demand for its Yield Pots products.
Crypto
Bitcoin: The Emerging Alternative to Real Estate for Young Investors
Younger generations are increasingly turning to Bitcoin as a viable investment option, circumventing the challenges posed by soaring real estate prices.
Investing
Revolutionizing Wealth Management: The Shopification Approach
Similar to how Shopify democratized e-commerce, the financial advisory landscape is on the verge of transformation with on-chain solutions, making it accessible for more individuals.
Crypto
State Street Advances Tokenization of Bonds and Money Market Funds
State Street is focusing on the tokenization of bond and money market funds while indicating no immediate plans for a stablecoin.
Market Analysis
CoinDesk 20 Update: APT Leads Declining Assets
An overview of the recent performance of the CoinDesk 20 Index, highlighting key movers.
Policy
India Delays Crypto Policy Paper Amid Competing Priorities
India has postponed the release of a discussion paper on cryptocurrency regulation due to pressing matters like the national budget and international meetings.
