Welcome to Amazing Crypto — Get all your latest Crypto News
-
Polymarket bets near $1 billion on 2024 election winner, but liquidity hurdles loom
Polymarket has accumulated nearly $1 billion in bets on the United States 2024 presidential election winner. Data from the platform currently ranks Vice President Kamala Harris, a Democratic presidential candidate, with a 50% chance of winning, backed by $135 million in wagers. Meanwhile, Republican candidate Donald Trump holds a close 49% chance, with bets totaling…
-
Tether USDT’s market share rises 20%, reaching 75% in two years
The world’s largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days. Tether’s US dollar-denominated stablecoin now controls two-thirds of the entire stablecoin market, following significant adoption over the past two years.Tether USDT’s (USDT) market share rose over 20% during the past two years to control over 75% of the…
-
CoinDesk 20 Performance Update: Index Sinks 3.7% as 19 of 20 Assets Fall
Polygon (MATIC) Lead Declines with a 10.3% Drop
-
Bitcoin fees stabilize in September after August spike
Bitcoin fees have been remarkably stable throughout September, given the sharp spike they experienced in late August. On Aug. 22, fees spiked to 100 BTC ($6.086 million), a significant departure from the typical range of 6 to 9 BTC established in the past two months. This sudden increase pushed the fees-to-reward ratio from 0.018 to…
-
First Neiro on Ethereum, Related to Dogecoin, Rockets 700% on Binance Spot Listing
Binance already offers NEIRO tokens as a futures product. But the surprise spot listing of a different NEIRO has fuelled a rocket rally.
-
Sen. Elizabeth Warren’s Pro-Crypto Opponent, John Deaton, Has a Plan to Beat Her
Defeating U.S. Sen. Elizabeth Warren (D-Mass.), a national hero in progressive circles, seems a stretch for a relatively little-known Republican in the liberal bastion of Massachusetts. But candidate John Deaton, known among crypto fans for his legal advocacy, says it can be done by leveraging the concerns of people in that state.
-
Bitcoin inflows surge to $436 million while ETF volumes remain below average
Crypto investment products experienced a sharp turnaround last week, with inflows reaching $436 million to partly reverse weeks of previous outflows totaling $1.2 billion, according to CoinShares‘ latest weekly report, Despite the influx, ETF trading volumes remained flat at $8 billion, significantly lower than the yearly average of $14.2 billion. What triggered the inflows? James…
-
Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters
Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there’s a significant change in investor sentiment or regulatory clarity that might favor riskier assets.
-
First Mover Americas: Bitcoin Pulls Back Before Probable Fed Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
-
Crypto firms airdrop tokens to support Vietnam typhoon victims
Binance will start sending tokens on Sept. 16, while KuCoin will start delivering their token donations on Sept. 18. As the strongest storm to hit Southeast Asia this year moves into Vietnam, crypto companies have pledged to airdrop tokens to help the typhoon victims. On Sept. 13, the death toll from Typhoon Yagi in Vietnam reportedly…
Got any book recommendations?