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
Do Kwon’s extradition from Montenegro has been delayed yet again. Source: https://www.coindesk.com/policy/2024/08/08/do-kwons-extradition-from-montenegro-postponed-yet-again/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin. Source: https://www.coindesk.com/business/2024/08/08/gyroscope-rolls-out-yield-bearing-version-of-its-stablecoin-targeting-over-10-yield/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency. Source: https://www.coindesk.com/business/2024/08/08/crypto-asset-manager-algoz-taps-standard-chartered-backed-zodia-custody-for-safer-investing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …
Ripple Labs has been hit with a $125 million fine for securities law violations. The decision was handed down on August 7th by U.S. District Judge Analisa Torres, marking …
A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield. …
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May. Source: https://www.coindesk.com/business/2024/08/08/metaplanet-arranges-loan-to-buy-68m-of-btc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours. Source: https://www.coindesk.com/markets/2024/08/08/xrp-jumps-17-beating-bitcoin-gains-as-ripple-sec-case-ends/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
