BJ Bitcoin (BTC) punters are looking at topside options bets in a bullish shift in price expectations after the Federal Reserve’s (Fed) meeting, but ether (ETH) continues to lag sentiment. As of writing, BTC’s short-term and long-term risk reversals, which show the implied volatility premium (demand) for bullish bets or calls versus puts, were positive, implying … Read more
Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours. BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact but lowered growth outlooks until 2027. … Read more
Kraken is nearing a $1.5 billion deal for U.S. futures trading platform NinjaTrader, according to a Wall Street Journal report. The deal could be a way for the crypto exchange to move into another asset class and increase its users, the report said, citing people familiar with the matter. The report added that Kraken could … Read more
Ripple CEO Brad Garlinghouse sees closely related XRP as part of the White House’s proposed digital asset stockpile and anticipates the launch of an XRP exchange-traded fund (ETF) before the end of 2025, per a Bloomberg Markets interview. Garlinghouse’s optimism came after the resolution of Ripple’s long-standing legal battle with the U.S. Securities and Exchange … Read more
Crypto markets are experiencing a modest move to the upside following today’s Federal Open Market Committee (FOMC) meeting, in which the U.S. central bank left interest rates steady at 4.25%-4.50% Bitcoin (BTC) has risen 4.5% in the last 24 hours and is now trading for $85,500, its highest point since March 9. The CoinDesk 20 … Read more
Two exchange-traded funds (ETFs) tracking futures in Solana (SOL) are coming on the market on Thursday. According to a filing with the Securities and Exchange Commission (SEC), Volatility Shares LLC is launching two ETFs, the Volatility Shares Solana ETF (SOLZ) which will track Solana futures and the Volatility Shares 2X Solana ETF (SOLT), which offers … Read more
As expected, the U.S. Federal Reserve left its benchmark fed funds rate range steady at 4.25%-4.50% on Wednesday, the second consecutive pause since three straight rate cuts to end 2024. The Fed’s quarterly economic projections, though, showed a sharp decline in expectations for economic growth, with the GDP increase in 2025 now seen at just … Read more
The Dubai Land Department (DLD), a government agency for the real estate industry, said it started a real estate tokenization pilot program, claiming to be the first property registration authority in the Middle East to use blockchain technology for property title deeds. The initiative was developed with the digital assets watchdog Virtual Assets Regulatory Authority … Read more
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Ethereum Reporter. In this issue: Hello, Hoodi: Ethereum Welcomes a New Testnet Microsoft Raises Alarm of Malware Targeting Coinbase, MetaMask Wallets Halliday Raises $20M for AI Protocol to Eliminate Writing Smart Contracts for DeFi Sam … Read more
Two of the biggest forces in artificial intelligence (AI) — Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure across the U.S., the companies announced Wednesday. The fund — called the AI Infrastructure Partnership — at its formation in September of last year, said that … Read more
