Slowing Inflation Growth Points to More Upside in Crypto
Today’s CPI data show inflation growth continued to ease in August. That could be good news for crypto, says Scott Garliss.Source
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The Protocol: Polymarket Bets Pay Off as Memecoin Memorializes ‘Dwebate’
Crypto wasn’t even mentioned during Tuesday’s U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads.Source
UK Introduces Bill to Clarify Crypto’s Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.Source
That Debate! How Crypto Reacted to Last Night’s Showdown
Harris and Trump may not have mentioned crypto. But crypto folk had plenty to say about the presidential debate Tuesday night.Source
Are Ethereum Staking Yields Too High?
As staking grows in popularity through liquid staking derivatives, there is a need to better quantify staking returns for different platforms and how they change over time, says Marcin Kazmierczak, co-founder and coo, RedStone.Source
The Middleman’s Shadow in the Tokenization Complex
In the world of crypto, digital assets, and the dream of decentralization, the middleman is a figure of scorn. We speak of peer-to-peer networks with no need for gatekeepers. Yet, whether we like it or not, intermediaries haunt every corner of this landscape, says Fadi Aboualfa, head of research, Copper.co.Source
Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
It’s been a trend for the last few weeks that cryptocurrencies selloff as the U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.Source
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
Bitcoin {{BTC}} is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.Source
The Harris-Trump Debate Showed How Little Crypto Matters to Voters and Politicians
Trump and Harris didn’t mention crypto once last night because, despite the industry’s pretensions to relevance, most people don’t care about these issues, says Ryan Gorman.Source
CoinDesk 20 Performance Update: Index Falls 2.1% with Only Two Gainers
Internet Computer gained 2.7% and Uniswap rose 0.3%, as all 18 other assets declined.Source