Live updates: Bitcoin sinks below $77,000 ahead of U.S. CPI report
Every major is red ahead of the August inflation print. Bitcoin is down 5% on the week and zcash fell 10% on the day. Source:CoinDesk
Bitcoin recovers toward $77,300 as zcash leverage unwinds
Bitcoin rose 0.7% since midnight UTC to around $77,200, and 68 of the CoinDesk 100 constituents gained, though the index remains 1.4% lower over 24 hours.…
Bitcoin below $77,000, Zcash leads losses as traders bet on a Fed rate hike
Ninetyfive of the CoinDesk 100 fell over the past 24 hours, and bitcoin has shed more than 5% on the week. Source:CoinDesk
New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky
The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday ahead of the vote.…
Crypto researchers cut Bitcoin and Ethereum quantum attack estimate by 50%
A paper shared with CoinDesk shows humans and AI agents beating Google’s March result on a core calculation used by Shor’s algorithm, adding another variable…
Live updates: Bitcoin ETFs post a second straight outflow while every other fund turns green
The bitcoin funds shed $120 million on Wednesday, more than double Tuesday's loss. Ether, XRP and solana all took money in. Source:CoinDesk
SGX's bitcoin and ether perpetual futures are now open to U.S. institutions
The Singapore Exchange says U.S. institutions can now trade its bitcoin and ether perpetual futures, a milestone that bridges U.S. trading desks with Asian…
Crypto wins regardless of Clarity Act vote, Coinbase's Armstrong says
Coinbase CEO tells CNBC the crypto industry gets regulatory clarity whether or not the Senate passes the bill on Sept. 15. Source:CoinDesk
Tether pushes into private credit with $400 million fund with Fasanara
The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network. Source:CoinDesk
Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push
The threat is not here yet, but faulttolerant machines and crypto’s migration plans are starting to converge on the same 2029 window. Source:CoinDesk
Consensys to split MetaMask into its own firm while staying silent on IPO
The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum cofounder Joe Lubin as chairman and CEO. Source:CoinDesk
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Europegged stablecoins…