How Many Years Will SBF Get? Jury’s Out on Betting Platform Polymarket
Plus: Tesla’s delivery numbers will fall short of record, Kalshi traders signal; “Ghostbusters” fandom underestimated.
Market
Aptos Soars 16%, Leading CoinDesk 20 as Broader Market Declines: CoinDesk Indices Market Update
Eighteen out of 20 cryptos in the index posted losses last week, led by Polkadot’s 15% fall.
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
The securities regulator, Treasury Department and U.S. derivatives watchdog are all hoping to get more funding to deal with new duties policing the digital assets sector.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.
Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year
Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.
The Institutional Era of Crypto Brings Fresh Innovation
After the scandals and regulatory headaches of the last market cycle, crypto is growing and embracing the needs of institutions entering the digital assets space.
Bitcoin Registers Biggest Single-Day Loss Since FTX’s Collapse
Spot BTC ETFs witnessed record outflows on Tuesday, provisional veri from Farside show.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday’s FOMC meeting, one market observer said.
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.