Category: Bitcoin

When Wall Street banking giants and cryptocurrency CEOs got into a public battle over debanking, the world took notice, and the back-and-forth became confusing. Jack Mallers, CEO of crypto payment company Strike, dropped a bombshell on social media on November 23, saying that JPMorgan Chase had closed all of his accounts without reason. “JPMorgan kicked…

Chicago-based derivatives exchange Bitnomial is preparing to launch the first spot cryptocurrency trading platform regulated by the U.S. Commodity Futures Trading Commission (CFTC). The Chicago-based derivatives exchange’s self-certification rules took effect on Friday, authorizing it to list leveraged and unlevered spot crypto products. The approval opens the door for customers to buy, sell and finance…

Goldman Sachs’ (GS) acquisition of an exchange-traded fund (ETF) issuer for about $2 billion may not seem to have much to do with cryptocurrencies at first glance. However, the impact of the Wall Street banking giant’s acquisition of Innovator Capital could shake up the entire cryptocurrency industry, and the ETF industry in particular. The market…

Kalshi is now offering a tokenized version of Solana event contract betting, the company told CNBC, marking its clearest bid yet to attract cryptocurrency traders who gravitate toward on-chain platforms like Polymarket. According to Monday’s report, the setup tokenizes Kalshi’s existing event marketplace covering political and macro data and makes them tradable on Solana. The…

An overnight plunge in Bitcoin prices combined with undigestible funding sent Strategy (MSTR) shares plunging 12.5% ​​in early U.S. trading on Monday to their lowest level in nearly 15 months. However, despite Bitcoin price not rebounding Bitcoin$87,352.79 MSTR held near intraday lows of around $85,000 throughout the day, erasing almost all of its losses and…

Vanguard Group, one of the world’s largest asset managers with about $11 trillion in assets under management, will allow customers to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, Bloomberg reported. “Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” Andrew…

Bank regulators are expected to begin proposing rules for stablecoin issuers by the end of December, the acting head of the Federal Deposit Insurance Corporation said, according to testimony Travis Hill is preparing to deliver to the House Financial Services Committee on Tuesday. First on the regulator’s agenda to implement the Stablecoin Guidance and Establishing…

Good morning, Asia. Here’s what’s happening in the market: Welcome to Asia Morning Briefing, your daily digest of the top news from the U.S. and an overview of market moves and analysis. For a detailed overview of the US market, see CoinDesk’s Americas Crypto Diary. Tether is back in the spotlight as traders revisit a…

While cryptocurrency bulls are banking on Fed rate cuts to push bond yields and the U.S. dollar further down, signals from the bond market are telling a different story. The Federal Reserve is expected to cut interest rates by 25 basis points to a range of 3.5%-3.75% on December 10, continuing the so-called easing cycle…

Bitcoin Bitcoin$86,844.41 Traders are increasingly taking a defensive stance, bracing for the possibility of prices falling below $80,000 in the new year. “The sharp decline in Skew suggests traders are heavily buying put options, especially at the December 26 expiration, with open interest concentrated at the $84,000 and $80,000 strike prices,” Derive co-founder Nick Forster…