CoinDesk 20 Performance Update: Solana (SOL) Rises 3.6%, Leading Index Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4140.04, up 0.2% (+9.67) since 4 p.m. ET on Monday. Four of 20 assets are trading higher. Leaders: SOL (+3.6%) and BTC (+1.9%)....
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Citadel Securities Warns SEC Against Rushed Tokenized Securities Rollout
Citadel Securities is pressing U.S. regulators to slow down on new rules that would enable widespread trading of tokenized securities, citing concerns about market disruption and investor confusion. In a letter to the U.S. Securities and Exchange Commission’s Crypto Task Force, the market-making firm argued that allowing these blockchain-based...
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Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody’s
Blockchain technology promises to streamline the issuance and management of covered bonds, but its adoption remains hindered by legal, technical and regulatory barriers, according to a recent report by Moody’s Ratings. The ratings company’s report highlights blockchain’s potential to enhance operational efficiency and transparency in the covered-bond market. By...
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Solana Defies Market Drop, Touches $200 as Altcoins Retreat: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) The past 24 hours have witnessed a rare dynamic: a major token moving on technology news rather than trading flows and general narratives of institutional adoption. Solana’s native sol (SOL) experienced a notable spike in price volatility, rising as high...
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Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe
UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), a regulated crypto asset manager in Germany, in a move that strengthens its footprint in Europe’s two largest financial markets. DDA manages around $70 million in assets and specializes in crypto exchange-traded products (ETPs) distributed through...
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XRP Hits All-Time High Before Forming Bearish Double Top Pattern, Ether Prints ‘Doji’
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Ether: Signs of Indecision Ether’s (ETH) Doji candle on Monday signals indecision in the market following a near 90-degree rise from $2,100 to $3,800 in less than four weeks....
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Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
Stablecoins are an “opportunity, not a threat,” for international money transfer company Western Union, according to CEO Devin McGranahan. McGranahan said in an interview with Bloomberg on Monday that anything allowing users to send money faster and cheaper across borders is going to be good for Western Union and...
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SpaceX Wallet Springs to Life With $153M Bitcoin Transfer, First Move Since 2022
A bitcoin (BTC) wallet apparently owned by SpaceX just moved over $150 million worth of BTC in its first on-chain activity for more than three years, according to data from blockchain analytics platform Arkham . Arkham shows the 1,308 BTC transaction moved from address 15oKQ7… i7Jf1G, tagged as owned...
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FBI drops probe into Kraken’s founder Jesse Powell, returns seized devices
FBI has finally dropped investigation into Kraken’s Jesse Powell, over disputes with his non-profit....
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Peter Schiff Says Gold’s About To Explode—And Bitcoin Will Foot The Bill
Peter Schiff is back with a golden prophecy—and this time, he thinks Bitcoin (CRYPTO: BTC) holders are going to pay for it. According to Schiff, the long-time gold advocate and crypto critic, we’re nearing “another big leg up” in gold and silver, one that could finally jolt Wall Street...
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