AI Boost

“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy.

AI Boost

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Policy

Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion

The digital asset platform is now regulated in the U.S., Germany, Hong Kong and Gibraltar.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Finance

Metaplanet Sets Up U.S., Japan Subsidiaries, Buys Bitcoin.jp Domain Name

The company also plans to raise 204.1 billion yen ($1.4 billion) in an international share sale to increase its bitcoin holdings.

Miami

Finance

BitGo Wins German Approval to Start Regulated Crypto Trading in Europe

German regulator BaFin clears expansion as BitGo adds trading to its custody and staking services.

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023 (Shutterstock/CoinDesk)

Finance

Hex Trust Adds Custody and Staking for Lido’s stETH, Expanding Institutional Access to Ethereum Rewards

Integration offers one-click staking and liquidity for institutional investors through Hex Trust’s platform.

Alessio Quaglini, CEO and Co-Founder of Hex Trust (provided)

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Markets

Asia Morning Briefing: BTC Traders Brace for Fed Cuts but Massive $4.5B Liquidity Tests Loom

A 25 bps cut is priced in, but OKX’s Gracie Lin says token unlocks and liquidity shocks will test markets, and only resilient liquidity will separate winners from losers.

Bitcoin News

Tech

Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit

The backlog pushed exit wait times to more than 46 days on Monday, the longest in Ethereum’s short staking history, dashboards show. The last peak, in August, put the exit queue at 18 days.

(Unsplash/Modified by CoinDesk)

Finance

Blockchain-Based RWA Specialists Bring $50M to Apollo's Tokenized Credit Strategy

Crypto credit infrastructure firm Grove commits $50 million to the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) with help from Plume and Centrifuge.

Christine Moy, partner leading digital assets at Apollo Global Management (Danny Nelson/CoinDesk)

Finance

Crypto Trading Firm Keyrock Buys Luxembourg's Turing Capital in Asset Management Push

With the acquisition, Keyrock aims to expand services beyond market making into on-chain portfolio management.

Keyrock CEO and co-founder Kevin de Patoul (Keyrock)

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Markets

Solana Stronger Bet Than ETH as SOL Holds Key Support, Says Analyst

Altcoin Sherpa highlights SOL's relative strength against ETH, while CoinDesk Research points to key support around $233 and a trading ceiling near $238.

SOL price at $232.11 on Sept. 16 with 24H trading swings

Finance

UBS, PostFinance and Sygnum Conduct Cross-Bank Payments on Ethereum

The proof of concept, run under the Swiss Bankers Association, saw UBS, PostFinance, and Sygnum Bank carry out transactions using deposit tokens.

Swiss flags