Late Friday, attorneys with the U.S. Securities and Exchange Commission and Binance filed a joint status report asking a federal judge to continue a 60-day pause in the case for another 60 days. You’re reading State of Crypto, a CoinDesk newsletter …
A hammer candle is where the lower or upper wick is 90% of the total range.
Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule.
Punitive tariffs against Mexico, Canada and China could go into effect on Tuesday.
The interest rate outlook has gotten appreciably softer over the past couple of weeks.
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours.
“It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week,” one observer said, noting pricier puts on the CME.
A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.
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