Archive for month: October, 2024
ONDO Spikes 8% as Major Derivatives Exchanges Mull BlackRock’s BUIDL as Collateral Option
The tokenization platform’s governance token has been a favored proxy play among crypto traders for BlackRock’s tokenization push.Source
Crypto.com v. SEC Is a Bold, ‘Bet the Company’ Case
If the company’s case can clear one procedural hurdle, it will have the SEC on its heels in Texas.Source
The New Blockchain Trilemma Is Here, and It’s Not About Technology
The original blockchain trilemma said builders had to choose between decentralization, scalability and security. The new one is a choice between products, customers and regulatory approval, says EY’s Paul Brody.Source
What to Expect Over the Coming Week in Crypto: Scroll Enters the Frame
As the crypto market teeters back into euphoric territory following a rally to three-month highs, several investors are focusing on the release of Scroll, a hyped layer-2 network that will release its native governance token next week.Source
MicroStrategy’s ‘Nav Premium’ Shouldn’t be Feared, Says Benchmark, Raising Price Target to $245
Bears on MicroStrategy’s high stock price compared to the amount of its bitcoin holdings are overlooking the company’s “unique” shareholder value, investment banking firm Benchmark said in a research report on Friday.Source
Bitcoin Isn’t at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change
The weakness in Japanese yen bodes well for risk assets, including cryptocurrencies.Source
CoinDesk 20 Performance Update: LINK and ICP Gain 3.8% as Index Trades Higher From Thursday
Only two assets were trading lower, including Aptos and Litecoin.Source
Singapore’s DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients
The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.Source
First Mover Americas: BTC Flirts With $68K Amid ETF Inflows
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source