News

Moody’s Affirms Philippines’ Investment-Grade ‘Baa2’ Credit Rating with Stable Outlook

PDate: 8/23/2024
Content: Moody’s Ratings (Moody’s) affirmed today the Philippines' investment-grade credit rating of “Baa2” with a “stable” outlook.The credit rating agency cited as key factors the country’s reforms to liberalize the economy, fiscal ...

News

23 Aug 2024

PH Olympic Pride Nesthy Petecio Joins Coins, Tether’s Dirham Debut, and Tron Volume Surges

Be updated on all things crypto today with Crypto ATBP., your weekly crypto news round-up.

23 Aug 2024

What Is Maya Personal Goals and How Do You Begin Setting Goals?

These days, attaining certain goals often equates to saving up a substantial amount of money. Whether it's watching a concert of your favorite musical act, getting the latest smartphone model, or going on a weekend getaway, your finances play ...

23 Aug 2024

From Chaos to Crypto: The Crecimiento Movement Igniting Argentina

A month-long pop-up in Buenos Aires is showing how crypto can potentially transform an economy from the bottom-up.

22 Aug 2024

Meeting Binance CEO Richard Teng

Four takeaways from CoinDesk’s interview in New York yesterday.

22 Aug 2024

CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling

The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos.

22 Aug 2024

Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash

Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her 2022 run for Congress, and court...

22 Aug 2024

Sam Altman’s Worldcoin Violated Data Policies, Colombia Regulator Says

Worldcoin is currently collecting data of individuals with its Orb device in 25 locations of the Latin American country.

22 Aug 2024

OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports

The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.

22 Aug 2024

Crypto for Advisors: Are Crypto SMAs Right for Institutions?

Separately Managed Accounts, or SMAs, offer significant advantages over ETFs for institutional investors who want to invest in crypto via actively managed accounts.

22 Aug 2024

CoinDesk 20 Performance Update: RNDR Surges 6.9% as Index Inches Higher

Eleven assets in the CoinDesk 20 gained, with LINK joining RNDR as the strongest performer.

22 Aug 2024

Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut

Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.

22 Aug 2024

Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks

The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days - a large amount considering Tron’s low fees.

22 Aug 2024

Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust

The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.

22 Aug 2024

NEAR Blockchain Gets Major Upgrade to Add ‘Stateless Validation’

NEAR Protocol has deployed a major upgrade known as "Nightshade 2.0" on its main network, designed to improve the scalability and usability of the blockchain.

22 Aug 2024

Avalanche Becomes Latest Blockchain to Support Franklin Templeton’s Tokenized Money Market Fund

The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.

22 Aug 2024

Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody

M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.

22 Aug 2024

First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

22 Aug 2024

BSP, IFC Hackathon Generates Ideas for Open Finance PH

PDate: 8/23/2024
Content: Photo shows Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi G. Fonacier (left) and International Finance Corporation Philippines Country Manager Jean-Marc Arbogast (right) with the winners of the BSP’s Race to the Fu...

News

22 Aug 2024

Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant

Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.

22 Aug 2024

Nikkei 225, Dow Jones and Nasdaq 100 Lose Upside Momentum

Nikkei 225, Dow Jones and Nasdaq 100 lose upside momentum ahead of Jackson Hole symposium and Fed Chair Jerome Powell speech

Forex

22 Aug 2024

Engine Shortages Have Grounded Airlines. This Company Has the Formula to Fix That.

Being a one-stop shop for leasing, repairs and parts has made FTAI one of the commercial-aviation industry’s few bright spots.

News

22 Aug 2024

Less Is More at Builders FirstSource

The building-supply giant is growing while shrinking its share count, delighting shareholders.

News

22 Aug 2024

Former FTX Executive Ryan Salame Claims Government Backtracked on Plea Deal: Filing

Salame's counsel argued in a filing that the government resumed investigating his domestic partner, ADAM CEO Michelle Bond, despite despite assurances that the investigation would cease if he cooperated.

22 Aug 2024

EUR/USD Underpinned by Better-Than-Expected Euro Area PMIs, Weak US Dollar

Today’s forecast beating Euro Area flash PMIs is underpinning the recent EUR/USD rally as Friday’s speech by Fed chair Jerome Powell nears.

Forex

22 Aug 2024

Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues

Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.

22 Aug 2024

New on Coins: VIP Welcome Boost!

Level up your status with the VIP Welcome Boost on Coins! Get a higher VIP status and more perks when you apply from August 22 to September 22, 2024.

22 Aug 2024

Bitcoin’s Uptrend Threatened by Looming ‘Stochastics’ Signal: Fairlead Strategies

The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.

22 Aug 2024

BSP, Industry Partners Laud Philippines’ Islamic Finance Professionals

PDate: 8/22/2024
Content: Photo shows (front row, sixth and seventh from right) Monetary Board Members Rosalia V. De Leon and Romeo L. Bernardo together with (front row, third from left) Bangko Sentral ng Pilipinas (BSP) Assistant Governor Arifa A. Al...

News

22 Aug 2024

How Taylor Swift Fans Broke Economics

Swifties have the same mental biases as the rest of us, making them reluctant to sell even at eye-watering prices.

News

22 Aug 2024