Analysis


News Analysis

Kamala Harris Will 'Win' First Debate With Trump, Polymarket Traders Are Betting

Also, there are now prediction market contracts about other prediction market contracts.

DETROIT, MICHIGAN - SEPTEMBER 02: Flanked by labor union leaders, Democratic presidential candidate Vice President Kamala Harris speaks to union workers during a campaign event on September 02, 2024 at Northwestern High School in Detroit, Michigan. Harris is scheduled to host another event in Pennsylvania later in the day. (Photo by Scott Olson/Getty Images)

Markets

Bitcoin Posts Negligible Bounce, but Extreme Fear Suggests Larger Rebound in Store

The Crypto Fear & Greed Index has plunged to levels that previously have presaged a sizable move higher in bitcoin prices.

(Art Institute of Chicago/Unsplash)

Markets

Bitcoin Margin Longs on Bitfinex Defy Bearish Seasonality

The number of bullish bets raised with the help of borrowed funds has steadily increased since late August.

BTC margin longs on Bitfinex. (Coinglass)

Finance

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy

Marathon Digital sold bonds to fund bitcoin purchases, following the route Saylor's MicroStrategy has taken to big stock market gains, as mining profits dwindle.

MicroStrategy Executive Chairman Michael Saylor, left, and Marathon Digital CEO Fred Thiel (Jesse Hamilton/CoinDesk)

Finance

Ether ETFs Have Bled Money, but That's Not the Whole Story

BlackRock's ETHA and other Ethereum funds have collected billions of dollars worth of inflows. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.

Grayscale's outflows overshadow big inflows from the rest of the ether ETFs. (Fineas Anton/Unsplash)

Markets

Trump's Election Odds Are Not The Dominant Driver of Bitcoin's Price, Data Show

Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Policy

Schumer Sets Stage for New Era of U.S. Crypto Politics

Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected.

U.S Senate Majority Leader Chuck Schumer, at an event supporting Vice President Kamala Harris, said Congress can still get a crypto bill out this year. (Drew Angerer/Getty Images)

News Analysis

Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry

“One thing that’s clear is that crypto seems to be at a scale and importance level where it is a real issue in politics nowadays," said Christopher Jensen, head of digital assets at Franklin Templeton.

(Phil Hearing/Unsplash)

News Analysis

Democrats Make Pitch For Crypto Voters. Will Crypto Listen?

A Crypto4Harris town hall tonight aims to show the strength of Democrat commitment on digital assets.

WAYNE, MICHIGAN - AUGUST 08: Democratic presidential candidate U.S. Vice President Kamala Harris speaks at a campaign rally at United Auto Workers Local 900 on August 8, 2024 in Wayne, Michigan. Kamala Harris and her newly selected running mate Tim Walz are campaigning across the country this week. (Photo by Andrew Harnik/Getty Images)