Category: Uncategorized

Donald Trump Is Now a DeFi Enthusiast. Here’s Why It Matters
Trump’s new DeFi project may fail, as many do, but its launch, coming in the midst of a presidential campaign, is further proof that crypto has entered the mainstream, says Graeme Moore, head of tokenization at the Polymesh Association.

Don’t Believe the Hype, the First Rate Cut Isn’t a Market Disaster
With the first Fed rate cut looming, the markets are in selling mood. But history shows that the S&P tends to rally after monetary easing, which in turn should support risk assets like cryptocurrencies, says Scott Garliss.

CoinDesk 20 Performance Update: NEAR Gains 4.8% as Index Rallies
Uniswap, up 3.3%, also lead gainers in overnight trading.

OMFIF Survey Respondents Believe Substantial Level of Tokenization is Still Three Years Away
The Official Monetary and Financial Institutions Forum’s digital assets report said that 92% of its respondents believe that financial markets will experience tokenization at some point.

A New Prediction Market Raises M in Pre-Seed Round Led by 1confirmation
Unlike industry leader Polymarket, Limitless Network isn’t focusing on the election. It’s carving out a niche with contracts that expire quickly and user-created markets.

First Mover Americas: Bitcoin Reclaims K as Traders Anticipate 50-Bps Fed Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

DYdX to Debut Perpetual Futures on Prediction Markets as DEX Seeks to Raise Profile
Decentralized finance needs to develop a unique offering relative to centralized venues, dYdX Foundation CEO Charles d’Haussy said.

Bhutan, Tiny Country With B GDP, Holds Over 0M in Bitcoin
Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.

Bitcoin Holds Above K as Odds of Big Fed Rate Cuts Jump to 67%
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.

Crypto Project World Liberty Financial, Promoted by Trump Family, Confirms Plan for Token
The team confirms that the governance token will be available under an SEC Regulation D exemption.