Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.
Arthur Hayes’ Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets
“Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%,” Hayes told CoinDesk.
Bitcoin Has a Lot Going for It, Except the Persistent Slide in Copper-Gold Ratio
BTC’s best years have been characterized by copper’s outperformance relative to gold.
Hong Kong Exchanges and Clearing to Launch Crypto Index in November
HKEX said the index will provide investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone.
MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research
The launch of options on spot bitcoin exchange-traded funds will reduce the incentives to hold MicroStrategy stock over BTC ETFs, the report said.
Crypto Policy Didn’t Occupy the Spotlight in Elections in Austria, Georgia
Elections in Georgia were more focused on whether or not the country should align further with the European Union.
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
CoinDesk 20 Performance Update: SOL Gains 5.4%, Leading Index Higher from Friday
First Mover Americas: BTC Recovers From Friday’s Slide to Reclaim $68.5K
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Emory University Joins Bitcoin ETF Rush, Reporting $16M Holding in Grayscale Vehicle
Emory University disclosed ownership of more than $15 million worth of shares of the Grayscale Bitcoin Mini Trust.