Kamala Harris Signals Interest in Friendlier Stance on Crypto: Bloomberg
The cryptocurrency industry has made no secret of its displeasure with the Biden administration's approach towards regulating digital assets.
'Get Him Home': Binance CEO Urges Nigerian Government to Free Detained Exec
Tigran Gambaryan, a U.S. citizen who works for Binance, has been held in Nigeria since February.
Dollar drops as jobs revised lower, some Fed officials wanted July cut
The release comes before a highly anticipated speech by Federal Reserve Chair Jerome Powell at the Kansas City Fed's Jackson Hole economic symposium on Friday, which will be watched for any new clues on his view of the labor market. "It probably puts more weight on Powell's appearance at Jackson Hole," said Vassili Serebriakov, an FX strategist at UBS in New York. Markets are looking for clarity on the likely size of a rate cut at the Fed's Sept. 17-18 meeting, and whether borrowing costs are likely to be lowered at each subsequent Fed meeting.
New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange
Richard Teng, who replaced founder Changpeng "CZ" Zhao in November, is playing the long game.
The Protocol: Now Everyone's Putting a Wrapper on Bitcoin
In this week's issue of CoinDesk's newsletter on blockchain technology, we're covering the drama surrounding "wrapped bitcoin" as Tron founder Justin Sun assumes a custody role, signs of upheaval in the Urbit ecosystem and the rise of dark pools on Ethereum.
The Protocol: Now Everyone's Putting a Wrapper on Bitcoin
In this week's issue of CoinDesk's newsletter on blockchain technology, we're covering the drama surrounding "wrapped bitcoin" as Tron founder Justin Sun assumes a custody rol...
If Men Were Angels: Decentralization’s Silent Comeback
MoonPay’s Keith A. Grossman argues that we are facing a new and insidious form of centralization that’s threatening core civil liberties. But, just as this threat is fueled by...
Institutional Investors Warm Up to Bitcoin ETFs: Survey
Institutional holdings of bitcoin ETFs rise despite price volatility.
RFK Jr. Reportedly Dropping Out of Presidential Race, Mulling Trump Endorsement; Bitcoin Jumps Past $61K
The independent candidate has scheduled a national address for Friday.
Fed Minutes Show Several Saw Case for Cutting Rates in July
(Bloomberg) -- Several Federal Reserve officials acknowledged there was a plausible case for cutting interest rates at their July 30-31 meeting before the central bank’s policy committee voted unanimously to keep them steady.Most Read from BloombergThe Serious Work That Free Play Can Do“Several observed that the recent progress on inflation and increases in the unemployment rate had provided a plausible case for reducing the target range 25 basis points at this meeting or that they could have su