APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses. Source: https://www.coindesk.com/coindesk-indices/2024/08/09/coindesk-20-performance-update-xrps-78-decline-weighs-on-index/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Risk assets stabilized as upbeat weekly U.S. jobs data eased recession concerns. Source: https://www.coindesk.com/markets/2024/08/09/bitcoins-12-price-rally-on-thursday-was-the-biggest-since-february-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

XRP’s order book on U.S. exchanges is 30% more liquid than offshore platforms. Source: https://www.coindesk.com/es/markets/2024/08/09/heres-why-xrp-whales-may-prefer-us-exchanges-over-offshore-venues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said. Source: https://www.coindesk.com/markets/2024/08/09/bitcoin-bulls-revisit-100k-year-end-target-as-btc-spikes-over-62k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization Source: https://www.coindesk.com/policy/2024/08/09/coinbase-takes-aim-at-cftcs-definition-of-gaming-in-proposed-prediction-market-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ionic Digital’s CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim. Source: https://www.coindesk.com/business/2024/08/08/bitcoin-miner-with-celsius-assets-delays-ipo-after-losing-ceo-and-auditor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the …

The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound. Source: https://www.coindesk.com/markets/2024/08/08/a-trump-themed-token-soars-then-dives-95-after-his-son-dashes-hope-the-former-president-backed-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday’s crash, one …

Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said. Source: https://www.coindesk.com/business/2024/08/08/jpmorgan-remains-cautious-on-bitcoin-as-positive-catalysts-mostly-priced-in/?utm_medium=referral&utm_source=rss&utm_campaign=headlines