Category: Breaking

India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm Chainalysis’ annual report released Wednesday.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.

While the broader crypto industry fights with the U.S. Securities and Exchange Commission about the agency’s labeling of most tokens as securities, Prometheum is swinging open its doors for a long-awaited test of its strategy to assume the SEC is right.

Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.

Polaris is described as a “token portal” aimed at solving one of decentralized finance’s biggest challenges: fragmented user experience.

The exchange will use Fireblocks to power hot and cold custody, customer deposits and withdrawals, and further expand staking services.

Internet Computer gained 2.7% and Uniswap rose 0.3%, as all 18 other assets declined.

Trump and Harris didn’t mention crypto once last night because, despite the industry’s pretensions to relevance, most people don’t care about these issues, says Ryan Gorman.

Bitcoin BTC is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.