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U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity.Source link
BlackRock’s Bitcoin ETF Monday Posted First Net Inflows in 14 Days
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.Source link
Don’t Believe the Hype, the First Rate Cut Isn’t a Market Disaster
With the first Fed rate cut looming, the markets are in selling mood. But history shows that the S&P tends to rally after monetary easing, which in turn should support risk assets like cryptocurrencies, says Scott Garliss.Source link
OMFIF Survey Respondents Believe Substantial Level of Tokenization is Still Three Years Away
The Official Monetary and Financial Institutions Forum's digital assets report said that 92% of its respondents believe that financial markets will experience tokenization at some point.Source link
First Mover Americas: Bitcoin Reclaims $59K as Traders Anticipate 50-Bps Fed Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source link