Crypto exchange Binance is expanding the role of USD1 (USD1), the stablecoin of Trump-linked crypto project WLFI$0.1461, overhauling part of its stablecoin infrastructure with the token. Starting Thursday, the exchange will offer new trading pairs — BNB/USD1, ETH/USD1 and SOL/USD1 — giving users broader access to trade with WLFI’s dollar-backed stablecoin, according to a press …
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Tag:breaking news
Aptos (APT) Slumps 7% as Token Unlock Weighs on Sentiment
APT$1.7118 declined 7% over the last 24 hours as investors repositioned ahead of a scheduled token unlock. Wider crypto markets also fell, with the CoinDesk 20 index lower by 4.2% at publication time, according to CoinDesk Research’s technical analysis model. Volume surged 38% above the 30-day average as APT retreated from an early peak of …
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Bitcoin (BTC) Price Remains Under Pressure Following Fed Rate Cut
All things being equal, easier Fed monetary policy tends to lead to a weaker U.S. dollar, falling bond yields, rising precious metals prices and gains for risk assets, bitcoin BTC$89,414.50 and crypto among them. Following the Fed’s rate cut yesterday, the dollar is indeed weaker — the DXY falling to a seven-week low — precious …
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Most Influential: Cathie Wood
It says a lot about the ever-bullish outlook of Ark Invest CEO Cathie Wood that she predicted bitcoin to reach $1.2 million by 2030, and it was, in fact, a downgrade. This feature is a part of CoinDesk’s Most Influential 2025 list. Cathie Wood made her forecast for BTC’s price in November 2025, slightly revising the …
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dYdX Launches Solana Spot Trading, Opens Access to U.S. Users
The team behind dYdX is rolling out its first-ever spot trading product, bringing Solana spot markets to users globally, including, for the first time, to traders in the United States. The launch marks a notable shift for the decentralized exchange, which has until now been known almost entirely for its derivatives markets. DYdX Labs said …
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$500M Flows MIA for Month: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) (Bitcoin) has dropped to $90,000, with the broader market following suit. The CoinDesk 20 (CD20) and CoinDesk 80 (CD80) indices are down over 3.5% each on a 24-hour basis. The weakness is consistent with the dour mood in Nasdaq futures triggered by Oracle’s earnings miss, and …
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Sky’s Keel Starts $500M Investment Campaign to Boost Tokenized RWAs
Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$130.89, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to …
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BTC, Nasdaq Futures Drop as Oracle Earnings Stoke AI Bubble Fears
Risk assets are under pressure Thursday despite the Fed’s rate cut, with Oracle’s earnings miss piling on alongside the central bank’s hawkish guidance. Bitcoin BTC$90,193.08, the leading cryptocurrency by market value, is trading near $90,000, representing a 2.8% drop over 24 hours, according to CoinDesk data. Futures tied to Wall Street’s tech heavy index, Nasdaq, …
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Norway Steps Back From CBDC Launch as Norges Bank Pauses Plans
Norges Bank, the central bank of Norway, concluded that introducing a central bank digital currency (CBDC) is “not warranted at this time,” marking a clear signal that the country is reconsidering the urgency of retail and wholesale CBDCs. The central bank said Wednesday that Norway’s existing payment system already offers secure, efficient and low-cost transactions, …
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Winklevoss-Backed Gemini Wins CFTC Approval to Offer U.S. Prediction Markets
Gemini Space Station, Inc. (GEMI) said its affiliate Gemini Titan, LLC has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM), allowing the firm to offer regulated prediction markets to U.S. customers, according to a press release issued Wednesday. Per the release, Gemini first applied for …
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