Crypto News

USDC and Cross-Chain Transfer Protocol to Launch on Sui Network

The Sui Network is set to integrate USDC, enhancing DeFi utility and interoperability through increased liquidity and streamlined transactions. (Read More)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

Hester Peirce Slams SEC for ‘Misguided and Overreaching’ Cases in Flyfish Club NFT Dissent

The application of SEC rule to the Flyfish Club NFT case was "harmful both in the present case and as future precedent," the commissioners wrote.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