Singapore Blocks Polymarket, Following Taiwan and France - Crypto, local, CoinDesk

Singapore Blocks Polymarket, Following Taiwan and France

Another jurisdiction has Polymarket in its crosshairs. Over the weekend, Singapore's Gambling Regulatory Authority (GRA) ordered local internet service providers to block access to the prediction market platform, according to reports from users in th

Trump's Treasury Pick to Divest Bitcoin ETF Holdings to Eliminate Conflict of Interest: Report - Crypto, trump, new, etf, CoinDesk, senate

Trump's Treasury Pick to Divest Bitcoin ETF Holdings to Eliminate Conflict of Interest: Report

Billionaire hedge fund manager Scott Bessent, President-elect Donald Trump's nominee for Treasury Secretary, plans to dispose of several assets, including investment in bitcoin exchange-traded funds (ETF), to avoid potential conflicts of interest wi

Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now - bitcoin, Crypto, worth, cardano, america, japan, crypto, CoinDesk

Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now

As bitcoin wobbles around the $90,000-$95,000 area, down more than 10% from its all-time high touched a bit less than four weeks ago, a contrast is growing between traders — whose technical analysis tools show the top cryptocurrency may be due for a

Biden's Consumer Watchdog Pushes for Last-Minute Stablecoin Rule - crypto, Crypto, donald trump, trump, CoinDesk, ethereum

Biden's Consumer Watchdog Pushes for Last-Minute Stablecoin Rule

As crypto fan Donald Trump prepares to take the reins of the government, the U.S. Consumer Financial Protection Bureau has pitched new regulations that would have a significant impact on stablecoin issuers and wallet providers, though the proposal's

U.S. Enforcement Chief Behind CFTC Crypto Cases Exits Before Trump Arrives - crypto, changpeng zhao, Crypto, trump, CoinDesk, kucoin, sec

U.S. Enforcement Chief Behind CFTC Crypto Cases Exits Before Trump Arrives

Enforcement Director Ian McGinley is leaving the Commodity Futures Trading Commission in a week, ending a relatively short tenure that saw some high-profile crypto cases.He arrived at the agency in February 2023, a month before the CFTC sued Binance

Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off - defi, usd0, Crypto, CoinDesk, token

Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off

Usual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on Friday after a tweak in the protocol's yield-generating token triggered a sell-off on secondary m

Kenya Prepares to Legalize Cryptocurrencies in Policy Shift: Report  - standard, Crypto, CoinDesk, virtual

Kenya Prepares to Legalize Cryptocurrencies in Policy Shift: Report

Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry."The emergence and growth of Virtual Assets (VAs) and Virtu

Bhutan's Crypto Reserve Could Pave Way for Economic Growth in Other Countries - bitcoin, Crypto, CoinDesk, arkham, crypto, one

Bhutan's Crypto Reserve Could Pave Way for Economic Growth in Other Countries

Bhutan, a small country in South Asia, is making big waves in the crypto world.The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy.

Cybercrime Damages Highlight Need for Scalable Decentralized Infrastructure  - Crypto, CoinDesk, data, 2024, ai, ftx

Cybercrime Damages Highlight Need for Scalable Decentralized Infrastructure

Recent figures reveal that cybercrime inflicted losses of $298 billion on German companies alone in 2024, with 90% of surveyed businesses expecting damages to rise further. The primary targets? Sensitive data like intellectual property, patents and u

Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations - fiu, Crypto, crypto, CoinDesk

Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations

Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country.The Dubai based company intends to prevent its customers in India from being able to open new trades or access product

Babylon Labs Brings New Momentum to Bitcoin ZK Tech Through Bridge to Cosmos Chains - CoinDesk, bitcoin, zero, Crypto, ethereum, btc

Babylon Labs Brings New Momentum to Bitcoin ZK Tech Through Bridge to Cosmos Chains

Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world's oldest blockchain's interoperability. In partnership with Bitcoin developers Fiamma, Babylon is u

XRP, XLM and DOGE See Recovery in Stateside Demand - doge, xrp, Crypto, CoinDesk, three, xlm, btc

XRP, XLM and DOGE See Recovery in Stateside Demand

This week, the crypto market has witnessed a notable positive shift, particularly in prices for major alternative cryptocurrencies XRP, DOGE and XLM.These tokens are once again priced more or less the same on the Nasdaq-listed Coinbase, considered a

U.S. Added 256K Jobs in December, Blowing Past 160K Estimate - may, Crypto, CoinDesk, one

U.S. Added 256K Jobs in December, Blowing Past 160K Estimate

The employment market in the U.S. picked up steam in December, with job growth topping economist forecasts by a mile and the unemployment rate unexpectedly dipping.The economy added 256,000 jobs last month, the Bureau of Labor Statistics reported on

U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies - bitcoin, Crypto, CoinDesk, second

U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies

U.S.-listed bitcoin miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday.The bank cut its price target for MARA Holdings to $20 from $24, while maintaining its hold rating on the stock. The s

Bitcoin Funding Rates Briefly Went Negative, Usually Marks a Local Bottom: Van Straten - 2024, bitcoin, CoinDesk, one, Crypto

Bitcoin Funding Rates Briefly Went Negative, Usually Marks a Local Bottom: Van Straten

Bitcoin has not broken below $90,000 since Nov. 18, and continues to swing between $90,000 and $100,000. The sentiment generally flips bullish when bitcoin approaches $100,000 and investors try to continue the bull market. However, this also works t

Bitcoin Data Indicates Ripe Buying Period as BTC Nears $95K - bitcoin, CoinDesk, Crypto, data, value

Bitcoin Data Indicates Ripe Buying Period as BTC Nears $95K

Economic data and general profit-taking may have dented an early bitcoin rally, but data tracking investor behavior indicates buying current price levels could benefit those looking for an entry into BTC markets.Onchain data shows bitcoin’s Spent Ou

EU's MiCA Rules Will Likely Boost Euro Denominated Stablecoins, JPMorgan Says  - CoinDesk, stablecoin, circle, Crypto, usdt, tether

EU's MiCA Rules Will Likely Boost Euro Denominated Stablecoins, JPMorgan Says

The EU's MiCA regulations, which came into effect on Dec. 30, will likely boost euro denominated stablecoins, JPMorgan said in a research report on Wednesday."Under MiCA, only compliant stablecoins can be used as trading pairs in regulated markets,

Sentiment Readings Favor Dogecoin Gains as Cardano’s ADA Leads Market Bump - ai, dogecoin, crypto, xrp, solana, bitcoin, CoinDesk, cardano, Crypto, chaingpt, doge, ada, bnb, sentiment

Sentiment Readings Favor Dogecoin Gains as Cardano’s ADA Leads Market Bump

Weakness in bitcoin has deferred to other crypto majors from Solana’s SOL to memecoin dogecoin , data suggests current levels could prove ripe for risk-on traders.“Crypto's top meme coin Dogecoin has been extremely quiet outside of a temporary run-u

Bitcoin Registers 14 Green Hourly Candles, Longest Streak Since 2017 - bitcoin, Crypto, CoinDesk, btcusd

Bitcoin Registers 14 Green Hourly Candles, Longest Streak Since 2017

Many traders were watching the bitcoin price action during European hours on Friday, slightly confused and for good reason.If you look at the candlesticks chart for BTCUSD pair on Coinbase, you would see fourteen green hourly candles, which means in

The Bitcoin Iceberg: Buyers Await Beneath The Bearish Surface - order, btc, one, Crypto, CoinDesk, level

The Bitcoin Iceberg: Buyers Await Beneath The Bearish Surface

The bitcoin market resembles an iceberg at the moment, with the surface revealing a dominance of sellers that paints an overtly bearish sentiment. However, at deeper levels beneath the surface, bargain hunters are quietly waiting to snap up coins an