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Crypto
Bitcoin (BTC) Price Bounces 7% to $63K as Crypto Traders Eye China Stimulus Update
Bitcoin, the leading crypto asset by market capitalization, shot up 7% from Thursday's trough below $59,000 after the hotter U.S. CPI inflation report, bucking this week's trend of giving up gains during the U.S. trading hours. Recently,…
The Case for Congressional Focus on Decentralized AI
That’s why it’s imperative lawmakers not overlook decentralized AI as they begin to regulate AI. It’s probably human nature to ignore, considering the broader AI industry is exploding and dominated by some of the world’s biggest…
Chainlink Says Bedrock Adopted Proof of Reserve Solution After $2M Exploit
Maelstrom, a decentralization-focused venture firm managed by the family office of BitMEX co-founder Arthur Hayes, announced in a press release Thursday that Jon Atack (GitHub profile) is the second recipient of its Bitcoin Grant Program,…
Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Meeting Due to Poor Liquidity,…
Total3, an index that tracks the market capitalization of the top 125 cryptocurrencies, excluding bitcoin and ether (ETH), was trading 5.68% higher since the central bank’s announcement that it would slash the Federal Funds rate by 50 basis…
Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues
Kalshi, which won a significant victory in court last week when a federal judge ruled its political prediction markets should be allowed to trade in the U.S., said the CFTC wouldn't suffer any major harm if its new contracts were allowed to…
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days
If granted, the stay would mean Kalshi wouldn't be allowed to list its election markets until late September at the earliest. The company, which settles trades in U.S. dollars, has been locked out of this year's election betting boom,…
A U.S. Crypto Bill’s 2024 Chances
The crypto industry has been begging for issue-specific legislation in the U.S. for years, in the hopes that this legislation may create clear permissions for companies to develop and issue tokens, manage blockchain networks or otherwise…
Bitcoin Price (BTC) Rises as RFK Jr. Endorses Donald Trump
Already higher by about 3% on the Fed news, bitcoin (BTC) rose further following the Kennedy announcement, trading at $63,800 at press time, or up 5.6% over the past 24 hours. The broader CoinDesk 20 Index was up 4.7% over the same time…
Bitcoin (BTC) Miners’ Share of Global Hashrate Hit New High of 26% in August, JPMorgan Says
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Crypto Needs to Radically Rethink Token Distribution
There is a better way to manage token launches — one that prioritizes long-term utility and organic growth over speculative gains. Protocols are beginning to experiment with alternative models. FRIEND, a blockchain-based social platform,…