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Crypto Market Rally Created 88K New Millionaires in 2024: Henley Global

The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires in 2024, according to a report by New World Wealth and Henley & Partners. There are now 172,000 people that hold over $1 million worth of crypto across the world, a 95% increase from last year. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

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Aave Token Up Nearly 40%: Is It a Good Buy?

CoinDesk's Jennifer Sanasie breaks down the nearly 40% surge in AAVE token in the past month. Plus, insights on the pros and cons of the proposals aimed at overhauling AAVE's tokenomics and protocol's risk management. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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TON Slides 17% as Telegram CEO Pavel Durov Arrested in France

Toncoin is down over 17% in the last 7 days after French media reported that Pavel Durov the CEO of Telegram was arrested as part of a warrant issued by OFIM. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Telegram Says It Is Compliant With EU Laws; India’s CBDC Pilot Attracts 5M Users

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Telegram announced in a statement that the messaging platform fully complies with European Union law after the arrest of its CEO Pavel Durov. Plus, India's retail CBDC pilot, and Hong Kong's regulator speaks up on crypto exchanges seeking full licenses in the region.

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80% of Tokens Suffer Losses for at Least 6 Months After a Hack: Immunefi

According to Immunefi, 80% of token prices suffer negative price impact for at least 6 months after a hack. In its latest report, the team reviewed a sample of 176 hacking incidents between 2021 and 2023 and discovered that the market impact of a hack persists and intensifies over time, continuing for at least 6 months after the incident. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Donald Trump Promotes Family-Run DeFi Project; Sony Starts Its Own Blockchain

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Donald Trump is pushing a family-run crypto project as he positions himself as a pro-crypto candidate ahead of the November election. Plus, Steno Research says DeFi summer is making a come back, and Sony is starting its own blockchain.

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From Gold to Crypto: Dan Tapiero on Global Market Trends

Dan Tapiero, founder of 1RoundTable Partners and 10T Holdings, joins CoinDesk to discuss current trends in the crypto and broader financial markets. Plus, insights on macroeconomic factors such as interest rates, inflation concerns and economic slowdowns around the world. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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Why This Investor Thinks Bitcoin's Price Could Double When Interest Rates Go Down

Dan Tapiero, founder of 1RoundTable Partners and 10T Holdings, explains why he thinks bitcoin's price could double once the interest rate drops back down to 2.5% or 3%. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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Why Real Fed Funds Rate Increased in 2024

The narrative that calls for a more aggressive interest rate cut has gained speed since the major crypto sell-off on Aug. 5th. According to data analytics firm Kaiko, the real Fed funds rate, which is adjusted for the Producer Price Index, has moderately increased over the past year despite the Federal Reserve’s decisions to keep the nominal rates steady. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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