Latest Crypto News

Markets

Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests

An in-line inflation print removed a tail risk but gave BTC little reason to rally, leaving Jackson Hole, jobs data and the next CPI release as the market’s next catalysts.

Bitcoin price today. (CoinDesk Data)

Policy

Prediction markets should dial back faulty filings for incentives to boost trading: CFTC

The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.

CFTC HQ

Markets

Securitize falls 20% after earnings miss as tokenization revenue falls short

Tokenized assets hit a record and trading activity jumped, but revenue slipped in the firm’s first earnings report since going public.

Securitize's Carlos Domingo (CoinDesk)

Policy

Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank

Zerohash, which handles crypto plumbing for Morgan Stanley's E*Trade, said it's planning on re-filing and hoping for a swift resolution.

U.S. Comptroller of the Currency Jonathan Gould
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Finance

Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout

The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.

Goldman Sachs (GS/Wikimedia Commons)

Finance

Wintermute plans $1 billion AI push beyond crypto: Bloomberg

The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)

Finance

Kalshi taps DoubleZero for Wall Street-style high-speed data feed

Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.

Lights blur as a car speeds forwards (Public Domain Pictures/Pixabay)

Tech

Miden bets on privacy stablecoins with introduction of USDCx

USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.

An network of points of light connected by colored rays.
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CoinDesk Indices

Crypto Long & Short: When capital can't move fast enough, markets pay the price

In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money move as fast as the risk it supports.

Ground airplane. Kalshi flight cancellations market. (Bao Menglong /Unsplash)

Finance

Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin

HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Opinion

America doesn’t need a second-class payments system

If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's Rachel Anderika.

Federal Reserve (Getty Images/Bloomberg Creative)
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Markets

U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000

Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.

July inflation data (CoinDesk)

Policy

FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off

The flight-tracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market never took off with Kalshi users.

Ground airplane. Kalshi flight cancellations market. (Bao Menglong /Unsplash)

Policy

Russia moves to restrict retail crypto trading to bitcoin, ether and USDT

Non-qualified investors face a 300,000-ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap.

The Kremlin in Moscow (Artem Beliaikin/Unsplash)
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