The U.S. and U.K. have established a joint Transatlantic Taskforce aimed at strengthening cooperation on capital markets and digital assets. The task force, announced on Sep. 22 by U.K. Chancellor of the Exchequer Rachel Reeves and U.S. Treasury Secretary Scott Bessent, will bring together officials from HM Treasury, the U.S. Treasury and market regulators across … Read more
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, … Read more
BONK saw a 15% breakout, driven by a jump in trading activity and rising on-chain traction. With open interest increasing 9% and derivatives volume also higher, market participants are signaling increased conviction in the Solana-based meme token’s upside potential, according to CoinDesk Research’s technical analysis data model. Much of the excitement stems from BONK’s evolving … Read more
The International Monetary Fund (IMF) has advised Kenya to prioritise creating a more predictable regulatory framework for its cryptocurrency sector. The IMF also recommended aligning Kenya’s crypto guidelines with global standards. Officials from Kenya’s Capital Markets Authority (CMA) had sought the IMF’s input on challenges related to the future regulatory scope of the crypto industry. … Read more
Bitcoin may climb to $116,000 by the end of this month as three macroeconomic factors turn favorable for the asset, according to a crypto analyst. “I think $116,000 is possible,” 10x Research head of research Markus Thielen told Cointelegraph after highlighting the three factors that could help bolster Bitcoin’s (BTC) price this month in a … Read more