Trading & Crypto
Ethiopia Reduces Bitcoin Miners’ Power Supply as Hydropower Reservoirs Decline
Ethiopia has reportedly cut electricity supply to Bitcoin miners by 77%, according to a report citing declining hydropower generation capacity.…
Bitcoin ETFs Lose $450 Million After Clarity Act Stalls
Lede U.S. spot bitcoin etfs shed $450 million in net outflows, marking the largest weekly withdrawal since June, as investor…
Bitcoin Loses Touch With Dollar Index Ahead of Fed
Bitcoin has lost its recent correlation with the Dollar Index, signaling a potential shift in investor behavior as U.S. financial…
Bitcoin Holds Near $80,000 as Traders Brace for Fed Decision
Bitcoin traded near $80,000 as cryptocurrency traders positioned themselves ahead of an expected Federal Reserve interest rate decision. While many…
Crypto Stocks Drop as Senate Rejects Market Structure Bill
Lede Crypto stocks sank broadly after the U.S. Senate rejected a key market structure bill aimed at regulating digital assets,…
BIS Study Finds Gaps in Onchain Crypto Transfer Estimates
A new Bank for International Settlements (BIS) paper has found major gaps in the onchain transfer estimates widely used to…
BoE Official Says Stablecoin Growth Could Boost Dollar Dominance
London — A Bank of England policy maker said stablecoin growth could boost dollar dominance by expanding access to the…
Crypto Clarity Act Faces Vote Hurdle as Senate Deadline Looms
The Crypto Clarity Act is unlikely to advance in the Senate without a last-minute shift in support, as key legislators…
Banks Could Benefit From Regulatory Clarity Act, Says Exec
Banks could emerge as major beneficiaries of the Clarity Act, according to an opinion piece analyzed by CoinDesk. The argument,…
Velocity Extends Series A to $48M at $200M Valuation
Lede Velocity has extended its Series A funding round to $48 million, valuing the London-based payments infrastructure company at $200…