Markets

Gemini Approved by CFTC to Offer U.S. Prediction Markets, Stock Surges Nearly 14%

Gemini said its affiliate Gemini Titan won CFTC approval to operate a Designated Contract Market, allowing the firm to offer regulated prediction markets in the U.S.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Ether, Dogecoin, Solana Slide as Bitcoin Fails to Sustain Early-Week Breakout

The pullback followed Tuesday's brief spike above $94,500, a move that triggered a minor short squeeze but failed to break the resistance that has capped bitcoin for most of the past three weeks.

roaring bear

Crypto Drop Wipes Out $370M in Bullish Bets as BTC, ETH Give Back Gains

Binance, Hyperliquid, and Bybit were the most affected exchanges, comprising 72% of all forced unwinds.

(Christian Dubovan/Unsplash, modified by CoinDesk)
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Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues

"Powell is threading the needle between their two mandates," said one analyst.

Bitcoin (BTC) price on Dec. 10 (CoinDesk)

Federal Reserve Cuts Rates 25 Basis Points, With Two Members Voting for Steady Policy

The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.

Federal Reserve Chair Jerome Powell

Stellar Edges Higher to $0.251 Despite Altcoin Market Apathy

Trading volume surged 19% above weekly averages as XLM consolidated around critical $0.25 support level.

Stellar Hits $0.25 Support Amid Increased Institutional Volume Despite Market Dips

Hedera Rises 1.8% to $0.1372 as Government Adoption Momentum Builds

Technical consolidation occurs alongside renewed focus on enterprise tokenization initiatives.

"HBAR Gains 1.8% to $0.1372 Amid Growing Government and Enterprise Tokenization Momentum"

ICP Extends Decline as Range Support Breaks, Testing New Lows Near $3.48

Internet Computer slipped back into a declining pattern after early strength faded, with the slide pushing the token toward key December support levels.

ICP-USD, Dec. 10 (CoinDesk)