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British Pound Performance Could ‘Get Ugly’ in Short Term: OANDA Analyst
Is now a better time to invest in bitcoin (BTC) or the British pound? OANDA Senior Market Analyst Edward Moya explains why he could “be more constructive with bitcoin.” He added, “No one has an idea as far as how low the pound can go.”
Texas Opposes Plan by Celsius to Fund Operations With Stablecoin Sales
Texas state agencies are objecting to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Bitcoin on Track to Post Sixth Straight September Loss
September has been a historically bad month for bitcoin (BTC), which posted losses for the last five years. Is October's record better? OANDA Senior Market Analyst Edward Moya discusses his crypto markets analysis.
DARPA to Research Risks of Crypto to National Security in Partnership With Inca Digital
The Defense Advanced Research Projects Agency (DARPA) has contracted digital asset data and analytics provider Inca Digital to develop a crypto ecosystem mapping tool to analyze crypto financial data and risk. Inca Digital CEO Adam Zarazinski shares insights into the partnership.
Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin
Circle said on Wednesday that it plans to launch its USD coin (USDC) stablecoin – the second-largest dollar-backed stablecoin by market capitalization – natively on Cosmos in early 2023. Jelena Djuric, ecosystem lead at Cosmos Research, discusses what this means for the Cosmos ecosystem and decentralized finance.
Bitcoin Holds Strong at $19K Amid Macro Uncertainty
Bitcoin (BTC) is trading firmly at $19,000 despite severe macroeconomic uncertainty in recent weeks. Rubicon Crypto co-founder and CEO Greg Johnson discusses the token's resilience and his markets outlook. Plus, how the U.S. dollar dominance will impact the crypto industry.
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, discusses bitcoin as a store of value, use cases of the Bitcoin payments system, and the Lightning Network. Plus, Mallers’ take on El Salvador’s bitcoin experiment and how Strike plans to use its latest $80 million raise.
Exploring Cross-Border Use Cases of CBDCs
105 countries are exploring a potential CBDC, according to The Atlantic Council. CoinDesk Executive Director of Global Content Emily Parker discusses the latest developments on cross-border use cases of central bank digital currencies (CBDCs).
Decentralized Data Warehouse ‘Space and Time’ Raises $20M
Microsoft is leading a $20M funding round for a decentralized data warehouse called Space and Time at a $300 Million valuation. Space and Time CEO Nate Holiday shares insights into the latest raise amid recent market volatility and what he hopes to achieve.
SEC Charges the Hydrogen Technology Corp With Market Manipulation
The Securities and Exchange Commission announced charges against the Hydrogen Technology Corporation and its former CEO Michael Ross Kane for allegedly creating a manipulated market for its crypto asset securities called “Hydro.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the charges and what this means for crypto regulation.