The CoinDesk Market Index fell 11% overall as we saw increased bifurcation between established majors (Bitcoin and Ether) and all other digital asset protocols and projects, writes Todd Groth, …

Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified. Source: https://www.coindesk.com/markets/2023/10/09/crypto-traders-suffer-over-100m-in-liquidation-losses-as-market-rout-deepens-amid-middle-east-turmoil/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It’s a distraction for the industry when the focus should be on passing enabling legislation, says Katherine Snow, head of legal at Messari. Source: https://www.coindesk.com/consensus-magazine/2023/10/09/crypto-should-ghost-the-sbf-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory …

Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, …

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

The Foundation periodically sells tokens to cover costs, creating a temporary sell-off event in markets. Source: https://www.coindesk.com/markets/2023/10/09/ether-slides-as-ethereum-foundation-swaps-27m-eth-on-uniswap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The trial has started off strong for the Department of Justice. Some expected the DOJ to bring its most important witnesses – namely Sam Bankman-Fried’s former inner circle – …

The firm registered with the Financial Conduct Authority just before new ad rules took effect on Sunday. Source: https://www.coindesk.com/business/2023/10/09/nomura-backed-komainu-joins-uk-crypto-register/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. pre-market futures slid Monday morning, while stock indexes in Asia slumped. Source: https://www.coindesk.com/markets/2023/10/09/crypto-markets-stable-oil-prices-surge-as-hamas-attack-on-israel-jolts-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines