As social, finance, gaming, messaging become folded in single “super apps” – as they are already in Asia – memes transmit subtle but powerful cultural meaning in a digitally-native …

The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors. Source: https://www.coindesk.com/markets/2024/07/08/digital-asset-funds-flip-positive-for-first-time-in-4-weeks-coinshares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls. Source: https://www.coindesk.com/markets/2024/07/08/ether-retakes-3k-amid-signs-of-seller-exhaustion-before-etf-debut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said. Source: https://www.coindesk.com/business/2024/07/08/bitcoin-mining-profitability-rose-in-june-as-market-adjusted-for-the-halving-jefferies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The absence of an outright majority could hamper the passing of new legislation, including crypto regulations. Source: https://www.coindesk.com/policy/2024/07/08/france-votes-for-hung-parliament-as-major-parties-fall-short-of-majority/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Germany has been running down its coin stash since mid-June. Source: https://www.coindesk.com/markets/2024/07/08/germany-sill-holds-22b-worth-of-bitcoin-blockchain-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins Source: https://www.coindesk.com/markets/2024/07/08/coindesk-20-down-7-bitcoin-sinks-by-5-as-asia-trading-week-begins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels. Source: https://www.coindesk.com/markets/2024/07/06/bitcoin-etf-investors-bought-the-dip-on-friday-with-inflows-topping-140m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The president’s chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform. Source: https://www.coindesk.com/markets/2024/07/06/bidens-odds-on-polymarket-little-changed-after-abc-tv-interview/?utm_medium=referral&utm_source=rss&utm_campaign=headlines