Coindesk
Crypto News Source: coindesk.com
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
Bitcoin {{BTC}} is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.Source link
CoinDesk 20 Performance Update: Index Falls 2.1% with Only Two Gainers
Internet Computer gained 2.7% and Uniswap rose 0.3%, as all 18 other assets declined.Source link
Osmosis Launches Cross-Chain Token Portal ‘Polaris,’ Expanding Beyond Cosmos Roots
Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.Source link
U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.Source link
EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.Source link