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Why the $172B Stablecoin Market Could Send Crypto Prices Higher

The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
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Ripple Names Exchange Partners for Stablecoin RLUSD, Awaits NYDFS Approval

Ripple's upcoming stablecoin will leverage its established position for payments and be a key bridge for real-world asset tokenization, Ripple Labs President Monica Long told CoinDesk in an interview.
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Liquidity and Options Pave the Way for Bitcoin ETF Market Expansion

As liquidity grows, institutional investors and options strategies could fuel the long-term expansion of the bitcoin ETF market.
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Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
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Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange

The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.
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Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst

Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury...
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Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report

A hotter-than-expected inflation report would weaken the case for Fed interest-rate cuts.
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Uptrend in Bitcoin’s Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says

Per SwissOne Capital, the BTC dominance rate and the U.S. interest are positively correlated.
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Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges

One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
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First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat

The latest price moves in crypto markets in context for Oct. 9, 2024.
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Recent Posts

  • SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes
  • Three Wallets Snag ‘Base is for everyone’ Tokens Before Official Announcement, Profiting $666K
  • Republican States Pause Lawsuit Against SEC Over Crypto Authority
  • The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
  • Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

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