The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission and has elevated Travis Hill to chair the Federal Deposit Insurance Corp. The two confirmations were included in a package of nearly 100 other nominees that… Read More
Bitcoin BTC$87,108.49 strengthened as the Japanese yen dropped after the Bank of Japan (BOJ) hiked interest rates as expected. The Japanese central bank raised its short-term policy rate by 25 basis points to 0.75%, the highest level in roughly three decades, continuing the gradual shift… Read More
The U.S. senators negotiating the crypto market structure bill have rarely been so openly eager to find a bipartisan solution for that legislation. Even as political noise and clashes with President Donald Trump rage around them, lawmakers and staffers have met for an earnest series… Read More
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2718.77, up 2.5% (+65.09) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: UNI (+8.4%)… Read More
XRP’s price chart paints a bearish picture, but a softer-than-expected U.S. inflation could spark a rebound.
With an any-minute-now confirmation of Mike Selig to take over the U.S. Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her longstanding plan to jump to crypto firm MoonPay. As CoinDesk reported last month, Pham was said to be planning to… Read More
