Crypto’s Compliance Conundrum

As Bitcoin continues to rise and institutional investors pour over $20 billion into crypto ETFs, a fundamental shift is occurring in digital asset markets. The appointment of Paul Atkins as SEC Chair, known for favoring market-driven solutions over heavy-handed enforcement, has fueled optimism that crypto can finally balance innovation with regulation. But the crypto industry […]

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CoinDesk 20 Performance Update: RENDER Falls 10.7% as Nearly All Assets Trade Lower

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 3246.57, down 4.2% (-143.25) since 4 p.m. ET on Friday. One of 20 assets is trading higher. Leaders: XRP (+1.4%) and ADA (-2.6%). Laggards: RENDER (-10.7%) and NEAR (-10.4%).

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MicroStrategy Added 2,530 Bitcoin for $243M, Bringing Holdings to 450K BTC

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy and Semler Scientific (MSTR). Michael Saylor’s MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the tenth consecutive week. In the week ending Jan. 12, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC. The average price of the

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Crypto Daybook Americas: Bitcoin Risks Losing Key Support Zone as Risk Assets Struggle

By Omkar Godbole (All times ET unless indicated otherwise) Risk assets are trading down as the dollar index and Treasury yields benefit from Friday’s blowout nonfarm payrolls report and the Palisades Fires posing a risk to the insurance sector and some P&C companies. BTC is down 2%, changing hands in the key support zone of

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Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time

New records continue to be set in the bitcoin (BTC) ecosystem, which has seen the mining difficulty adjustment rise to a new all-time high of 110.45T (trillion). 110.45 trillion means that the difficulty is approximately 110.45 trillion times harder than it was at the time of Bitcoin’s genesis block. The difficulty adjustment adjusts every 2,016

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Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report

Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market value dipped below $93,000 during the European hours, representing a 1.6% drop on the day, according to data source CoinDesk. Prices looked

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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 the city-state. “You have attempted to access an illegal gambling site hosted by an unlicensed gambling service provider,” the announcement reads,

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Altcoin Market Could Heat Up This Week With $3B Token Unlock Schedule, ONDO Leads the Charge

The market for alternative cryptocurrencies (altcoins) may see an extra dose of volatility this week, as the impending token unlock schedule will release billions of dollars worth of supply for several coins, including Ondo Finance’s ONDO token. Data from Tokenomist show the weekly unlocks calendar, that includes names like ONDO, ARB, STRK SEI and others,

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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 (BTC) exchange-traded funds (ETF), to avoid potential conflicts of interest with his new role, according to a report by The New York Times. On Saturday, Bessent, who once worked for billionaire liberal

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