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Jamie Crawley, Omkar Godbole @ CoinDesk · 10/24/2024 08:10 EDT

First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
James Van Straten @ CoinDesk · 10/24/2024 05:35 EDT

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests

In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022. Read more

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CoinDesk
Callan Quinn @ CoinDesk · 10/24/2024 05:28 EDT

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation

Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when considering his sentence. Read more

24

CoinDesk
Ian Allison, Will Canny @ CoinDesk · 10/24/2024 05:13 EDT

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus

The firing of the firm’s co-founder and its CFO in July triggered a wave of departures. Read more

3

CoinDesk
Shaurya Malwa @ CoinDesk · 10/24/2024 04:42 EDT

Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains

Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%. Read more

15

CoinDesk
Omkar Godbole @ CoinDesk · 10/24/2024 03:49 EDT

Institution Takes $25M Hedge Bet on Derive's Bitcoin Options Market as U.S. Election Looms

The institution set up a multi-legged strategy in Derive's onchain options market, generating $25 million in volume. Read more

0

CoinDesk
Omkar Godbole @ CoinDesk · 10/23/2024 22:48 EDT

Number of Bitcoin Whales Jumps to Highest Since January 2021

Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC. Read more

86

CoinDesk
Jesse Hamilton @ CoinDesk · 10/23/2024 17:37 EDT

Citibank Debanked Ripple's Brad Garlinghouse Due to Crypto, Exec Says

The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government's pressure on banks to be wary of digital assets, saying Citi dumped him. Read more

0

CoinDesk
Tom Carreras @ CoinDesk · 10/23/2024 15:53 EDT

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday. Read more

0

CoinDesk
Marc Hochstein @ CoinDesk · 10/23/2024 15:46 EDT

Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris

The former president's probability of retaking the White House slid to 59% Wednesday before rebounding. Read more

0

CoinDesk
Krisztian Sandor, James Van Straten @ CoinDesk · 10/23/2024 14:21 EDT

Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally

Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined. Read more

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CoinDesk
Bradley Keoun @ CoinDesk · 10/23/2024 14:06 EDT

The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women

This week's issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun's role in the WBTC project, bring you excerpts from the new crypto book "Lessons Learned" and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse. Read more

1

CoinDesk
Jennifer Schulp, Jack Solowey @ CoinDesk · 10/23/2024 11:48 EDT

The Fed Is the Wrong Regulator for Stablecoins

The U.S. central bank would be conflicted, because stablecoins compete with the Fed's payments infrastructure and with potential CBDCs. Read more

0

CoinDesk
Timothy Burgess @ CoinDesk · 10/23/2024 11:40 EDT

How a Small Crypto Investment Can Improve Your Portfolio

A well-balanced portfolio that includes cryptocurrencies like bitcoin or ether has the potential to offer superior returns and a higher Sharpe ratio compared to traditional portfolios made up solely of equities, bonds, or other assets, says Timothy Burgess. Read more

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CoinDesk
Carlos Domingo @ CoinDesk · 10/23/2024 11:36 EDT

Tokenized Treasuries: A Game-Changer for Collateral in Crypto Markets

Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo. Read more

12

CoinDesk
Oliver Knight @ CoinDesk · 10/23/2024 11:18 EDT

Scroll's Token Declines 32% as Whales Scoop Up Airdrop

After more than a year of hype and expectation, layer-2 network Scroll's governance token launch is beginning to fall short of expectations after being plagued by token allocation issues. Read more

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24.11.2024 15:24
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