Markets


Markets

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Libeara's Head of Business Development Says

The Fed is likely to cut rates on Wednesday, starting the so-called liquidity easing cycle.

Standard Chartered building (Chengting Xie/Unsplash)

Markets

Bitcoin's Rise Over $61K Could Signal Local Top, Binance Volume Indicates

Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.

Binance volume inflows can mark local market tops. (Glassnode)

Finance

Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX

TrueX says it caters to rising client demand for truly secure segregation between execution and custody.

(sergeitokmakov/Pixabay)

Markets

Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise

The Ethereum blockchain has the most active developers, the highest number of active users and ether has a market cap that is five times larger than its nearest competitor, the report said.

Vitalik Buterin is the creator and spiritual leader of Ethereum. (Romanpoet/Wikimedia Commons, modified by CoinDesk)

Markets

Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped

Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.

Bitcoin price on 9/17 (CoinDesk)

Markets

Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B

The largest stablecoin's market cap has almost doubled in two years, while key rivals declined and new entrants have yet to pose a challenge.

Market capitalization of the top stablecoins (Token Terminal)

Markets

Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%

Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.

(Jesse Hamilton/CoinDesk)

Markets

Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off

PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says

The key variable for risk assets is the U.S. economy as concerns of a recession linger, crypto investment firm Ryze Labs said.

Bitcoin price on Sept. 13 (CoinDesk)

Markets

Polygon's POL (MATIC) Token Spikes 15% on Binance Listing

Polygon introduced last week POL. the upgraded version the network's token, migrating from its longstanding MATIC with some tokenomics changes.

Polygon's POL price (CoinDesk)

Pageof 628