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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.

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.

First Neiro on Ethereum, Related to Dogecoin, Rockets 700% on Binance Spot Listing

Binance already offers NEIRO tokens as a futures product. But the surprise spot listing of a different NEIRO has fuelled a rocket rally.

Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues

Kalshi wants an appeals court to let it trade political prediction markets while the CFTC appeals its court loss.

Crypto Traders Remain Cautious About Downside Risks in Bitcoin, Ether; SOL Stands Out

Options tied to bitcoin and ether show a bias for puts, according to QCP Capital.

Coinbase Layer-2 Success Shows Power of Marketing Over Cutting-Edge Tech

Base’s “Onchain Summer” promotion saw participation of over 2 million unique wallets, resulting in over $5 million in mint revenue to creators, according to a blog post.

Kalshi Cleared to Offer Congressional Prediction Markets in Victory Against CFTC

With two months to go before the election, the U.S.-regulated platform may now get a sliver of the 2024 political betting bonanza that's been dominated by crypto-based rival Polymarket.

Coinbase, Robinhood Upgraded by Barclays Analyst, Citing ‘Matured’ Business Models

Both stocks opened the day higher after the British bank published its upgrade overnight.

U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut

The bitcoin price rose about 1% just after the numbers hit, but remains lower by about 5% from one week ago.