Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head

The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May, according to the Bureau of Labor Statistics (BLS), and versus expectations for a dip to 3.1%. On a monthly basis, the CPI was higher by 0.2% in June versus 0.1%…

news Bitcoin startup Blockstream is launching a platform that lets users launch their own tokens by utilizing its bitcoin sidechain, Liquid. Launched at CoinDesk’s Consensus conference 2019, the Liquid Securities platform is the first product Blockstream has launched on top of its Liquid Network sidechain, a network tied to the bitcoin blockchain with faster coin…

news Equity fundraising platform SeedInvest, which was recently acquired by cryptocurrency startup Circle, can now operate as an alternative trading system (ATS), the companies announced Friday. SeedInvest and Circle said in a blog post that the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that oversees broker-dealers and securities exchanges in the U.S., granted the crowdfunding…

Bitcoin's crypto market share surged to 54.4%, the highest since April 2021.BTC outperforms altcoins due to the spot ETF and safe haven narratives, one analyst noted.Bitcoin's (BTC) market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies (altcoins).The BTC Dominance rate, which measures

Options dealers likely bought ETH in spot/futures market to hedge their short bets in call options, adding to bullish momentum, BloFin's Griffin Ardern said.A similar pattern played out in the bitcoin market in November, accelerating price gains above $36,000.Dealer hedging, a market dynamic that accelerated bitcoin's (BTC) uptrend in late 2023, is now influencing ether's

Good morning. Here’s what’s happening:Prices: Bitcoin wavers at $29.2K as investors look hopefully for spot BTC ETF news.Insights: MicroStrategy does not have a "finite shelf life," said David Tawil, president of crypto asset fund ProChain CapitalBitcoin Settles Back DownAfter swinging high and low over the course of a day, bitcoin was firmly nestled in the…

If you’re a politician, this isn’t an easy time to come out supporting crypto. Especially in the wake of the FTX collapse, it might seem more expedient -- and safer -- to make crypto a punching bag than endorse it as a promising industry.Senator Elizabeth Warren, in the most famous example of this, declared on

FTX and Lightspeed Venture Partners have led a $21 million Series A funding round for gaming studio Faraway.Faraway said in a press release Thursday the other participants in the funding round included a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana. Faraway raised an $8 million seed round earlier this year, which was also led…

Ethereum average and median network fees since 2017. Ethereum transaction fees have soared to new all-time highs for the second time in three weeks, according to on-chain data analyzed by CoinDesk. As of Tuesday, average and median transaction fees have skyrocketed to record highs of $10.33 and $5.68, respectively.Average fees reached record highs of $6.04…