The Crypto Market Just Hit a Low for 2018

You Think Crypto Isn’t Ready to Be Money? Consider the Coin ShortageJ.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and was a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Cryptocurrency is still a new endeavor. People who use it aren’t too surprised…

Staking Wormhole's W token paired with JitoSOL in the Kamino liquidity pool on Solana is offering a more than 999% weekly returnParticipants can earn daily rewards of over 3,300 W and 666 JTO, worth $7,000 at current rates, plus trading fees.The pool has a capacity of $7.5 million, with just under $5 million locked as

The Securities and Exchange Board of India (SEBI), the country’s top securities regulator, issued a notice to advisers on Thursday warning them not to deal in assets that are not regulated in the country.SEBI said it would take action against any investment adviser dealing in unregulated assets, including digital gold. Cryptocurrencies are also considered unregulated…

news Insurance industry blockchain group B3i, which is now building DLT solutions for some 40 member firms, has appointed John Carolin as chief executive officer. Carolin, who joined B3i as chief financial officer in March 2018, had served as interim CEO since March of this year. B3i began life back in October 2016 as a…

In the wake of the spectacular failure of centralized exchanges such as FTX, both crypto natives and investors have increased their focus on decentralized finance (DeFi) and security. Quasar is aiming to address these issues by creating a dedicated layer 1 protocol that will allow investors to deposit funds into permissionless, non-custodial investment vehicles known…

Crypto exchange Gemini has criticized a bankruptcy recovery plan related to Genesis, Gemini’s partner on a lending program that’s been frozen for months, saying the potential deal is “misleading at best,” according to a Friday court filing.Earlier this week, Genesis and its parent company, Digital Currency Group, said more than 230,000 retail creditors who used

At first glance, spot ether ETFs appear to have bled money, but it's more complicated than that. BlackRock's ETHA was the seventh-most-successful ETF launch this year with over a billion dollars worth of inflows. Other ether funds have seen brisk demand as well. Grayscale's ETHE product lost billions, offsetting the overall success of the funds.

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 2,043.76 +1.57% Bitcoin (BTC): $64,424.83 +0.77% Ether (ETH): $2,594.12 +2.11% Nikkei 225: 39,910.55 +0.77% Top Stories Bitcoin's rally has been

The Dollar Index's (DXY) recent pullback has crypto traders betting on a continued weakness in the greenback and a renewed bitcoin rally.Societe Generale and Scotiabank expect the dollar to remain firm due to divergent interest rate expectations.Barclays said a potential escalation of trade war between the U.S. and China could bode well for the dollar.Crypto