Bitcoin BTC$84,459.46 steadied near $80,400 after dipping to around $79,300 during the Asian morning, leaving it little changed since midnight UTC. Altcoins were mixed, with ether ETH$2,490.55 dropping 0.2% and the DeFi index (DFX) the only CoinDesk index to gain. The tone was set at… Read More
Asian stocks tumbled on Thursday, with Chinese equities entering a bear market as technology shares sank and rising oil prices compounded investor concerns. The CSI 300, which tracks the 300 largest stocks traded in Shenzhen and Shanghai, slid 2%, taking the decline from June’s peak… Read More
“The big proposition is access,” co-founder Bhau Kotecha told CoinDesk in an interview. Gold lending has historically required scale and relationships unavailable to many investors, he said. Kotecha sees demand from individuals, family offices and institutions, with borrowing against PAXGy a possible next step. Lending… Read More
Bitcoin traded near $82,600 on Monday, down 2% over 24 hours, CoinDesk data show. ZEC fell 7% to just above $1,540 and DOGE 5% to about 9 cents, while SOL and HYPE each lost more than 4%. Ether, BNB and XRP dropped between 2% and… Read More
WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.
Risk-on peace trades are back in vogue after the U.S. and Iran held fire on Sunday, sending oil prices lower. Bitcoin BTC$65,485.12, the leading cryptocurrency by market value, is back above $65,000, with prices up about 1.2% over 24 hours. Ether (ETH) has risen by… Read More
