The latest price moves in bitcoin (BTC) and crypto markets in context for May 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

The company has the financial capacity to consolidate the bitcoin mining space, the report said. Source: https://www.coindesk.com/business/2024/05/29/riot-platforms-is-best-suited-to-consolidate-bitcoin-mining-sector-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ripple has added another $25 million to the coffers of Fairshake, a federal crypto super political action committee (PAC) that’s spending big this election year to support crypto-friendly Congressional …

Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in two of its major funds. Source: …

Volatility Shares’ 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it …

Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk. Source: https://www.coindesk.com/policy/2024/05/28/binance-executive-jailed-in-nigeria-is-suspected-of-having-malaria-family-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Salame’s lawyers initially asked for 18 months. Source: https://www.coindesk.com/policy/2024/05/28/former-ftx-executive-ryan-salame-sentenced-to-75-years-in-prison/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

With AI, centralization doesn’t work on any level: technical, philosophical, ethical, or market, says Alex Goh, founder and chairman of EMC. Source: https://www.coindesk.com/opinion/2024/05/28/the-future-of-ai-is-decentralized/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement. Source: https://www.coindesk.com/business/2024/05/28/riot-plans-hostile-takeover-of-bitfarms-proposes-230-per-share/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/business/2024/05/28/crypto-lending-firm-maple-finance-unveils-syrup-yield-platform-and-rewards-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines