Crypto News Roundup for Oct. 21, 2021
Markets Daily Crypto Roundup
With bitcoin paving the way for an altcoin breakout and a look at what makes NFTs so revolutionary, CoinDesk’s Markets Daily is back with the latest news roundup.
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Chainalysis: Hong Kong and China’s OTC Markets Remain Active Despite Crypto Winter
Hong Kong’s active over-the-counter crypto market drove $64 billion in volume, not too far below China’s $86.4 billion, during the last year despite the territory having a much smaller population, and the global chill through crypto markets.While data shows that the value of transactions in both China and Hong Kong have dropped over the last

Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany’s
The stablecoin issuer reported $5.2 billion profit in the first half of 2024. Its U.S. debt holdings amounted to $97.6 billion, surpassing countries including Germany. 01:53 161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment 01:11 Why USDT Dominates Supply With Lower Transaction Volume 02:26 DOJ Wants CZ to Serve 3 Years in

Kalshi’s U.S. Election Markets Delayed Until Friday at Earliest
Kalshi may be basking in the glory of a court victory over regulators, but it will have to wait at least until Friday to list its long-sought prediction markets on the upcoming U.S. election. On Monday afternoon, Judge Jia Cobb of the U.S. District Court for the District of Columbia called for a Thursday hearing.

Citi Analyst: CBDCs Will Be a ‘Trojan Horse’ for Blockchain Adoption
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Fran is CoinDesk's TV writer and reporter. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Central bank digital currencies (CBDCs) will be the driving force behind getting more people to use blockchain, Ronit…

We Need to Reclaim the Narrative on Staking
A year ago, a major event called the Merge took place, rapidly improving how Ethereum operates. While this engineering feat made Ethereum more energy efficient and capable of handling more transactions at faster speeds, it also caused certain U.S. federal regulators to pay greater attention.Last year, SEC Chair Gary Gensler Gary Gensler suggested that transitioning

Bitcoin News Roundup for April 7, 2020
Apr 7, 2020 at 16:37 UTCUpdated Apr 7, 2020 at 16:38 UTCCrypto beats traditional markets while a COVID-19 vaccine is enters human trials. It's CoinDesk's Markets Daily podcast.Today's Stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that…

Crypto Traders Search for Clues in Solana’s Triangle Pattern
SOL's daily chart shows a triangular consolidation pattern. A breakout would signal a continuation of the broader uptrend, according to Fairlead Strategies. Crypto traders looking for clues on the next possible move in programmable blockchain Solana's SOL token should closely track the digital asset's months-long triangular price consolidation. That's the message from analysts at Fairlead

Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
Taiwan's Financial Supervisory Commission for Virtual Currency Management is set to issue 10 guiding principles for virtual asset providers in September, CNA reported on Thursday citing local officials.The East Asian country will set guidelines to ensure that crypto businesses establish review mechanisms, keep customers payments separate from their own tokens and comply with anti-money laundering