Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
The stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
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Financial
Vibe Check: The Bullish Bounce Back: CoinDesk Indices’ Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Financial
Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered
The British bank expects the SEC will treat spot ether ETF applications similarly to bitcoin ETFs and anticipates approvals on May 23.
Financial
Thailand’s SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
Retail investors can now invest without limits in digital tokens backed by real estate or infrastructure.
Financial
SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting
Altcoins’ consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said.
Financial
Bitcoin ETF has Broken BTC’s Pandemic-Era Price Correlation With Luxury Watches
Crypto prices have decoupled from prices for luxury watches, ending a prolonged positive correlation caused by unprecedented monetary stimulus.
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Vibe Check: Ether Finds Support: CoinDesk Indices’ Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Financial
First Mover Americas: Bitcoin Holds $40K
The latest price moves in crypto markets in context for Jan. 25, 2024.
Financial
Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry
Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.
Financial
Crypto Needs Cohesive Regulation – A Look at Europe’s MiCA
From the U.S. to South Asia, jurisdictions are creating a patchwork of crypto regulatory regimes, making international business harder. Europe, with its bloc-wide Markets in Crypto-Assets Regulation (MiCA), is different.