Crypto market sentiment remained in “extreme fear” on Friday, marking the 14th straight day that market sentiment has remained in the zone. The sentiment-tracking Crypto Fear & Greed Index fell three points to a score of 20 out of 100 on Dec. 26, hitting a… Read More
Filecoin FIL$1.2690 slipped 2% to $1.28 on Wednesday, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to the crypto market sentiment, according to CoinDesk Research’s technical analysis model. This tight correlation indicates large order flows… Read More
A bipartisan duo in the U.S. House of Representatives is circulating a draft bill that would streamline tax rules for investors, traders and developers by explaining how they would handle reporting their taxes on staking, low value transactions and wash sales. Representatives Max Miller of… Read More
It’s a quiet, foreshortened week in the run-up to the year-end holidays, with little scheduled for crypto specifically. The standout event is the Uniswap vote on a governance proposal called UNIfication. If passed, the proposal will activate protocol fees, burn 100 million UNI tokens from… Read More
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
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
