Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare

The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.

source https://www.coindesk.com/markets/2024/07/31/bitcoin-tumbles-below-65k-post-fomc-as-middle-east-tensions-flare/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Bitcoin Gets Political as U.S. Government Ponders Airdrops

In this week's issue of CoinDesk's newsletter on blockchain tech, we examine U.S. Senator Cynthia Lummis's call for a national "Bitcoin Strategic Reserve." We've also got photos from the Bitcoin Nashville conference, where it seemed like nearly everyone was talking about staple-gunning layer-2 networks onto the original blockchain.

source https://www.coindesk.com/tech/2024/07/31/the-protocol-bitcoin-gets-political-as-us-government-ponders-airdrops/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It's a Different Sort of Olympics as Cryptographers Face Off in Polyhedra's 'Proof Arena'

source https://www.coindesk.com/tech/2024/07/31/its-a-different-sort-of-olympics-as-cryptographers-face-off-in-polyhedras-proof-arena/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's

The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.

source https://www.coindesk.com/business/2024/07/31/tether-nets-5b-profits-this-year-says-its-us-debt-holdings-surpassed-germanys/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.

source https://www.coindesk.com/policy/2024/07/30/making-bitcoin-a-strategic-reserve-asset-contradicts-freedom-from-government-narrative-says-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Russia Legalizes Crypto Mining and Brings an Experimental Regime

Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported.

source https://www.coindesk.com/policy/2024/07/30/russia-legalizes-crypto-mining-and-brings-an-experimental-regime/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses

“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.

source https://www.coindesk.com/markets/2024/07/30/bitcoin-slides-to-66k-in-wake-of-silk-road-btc-movements-solanas-sol-leads-majors-losses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details

Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and it's not an idea that's likely to be executed anytime soon.

source https://www.coindesk.com/news-analysis/2024/07/29/trumps-talk-of-bitcoin-reserve-for-the-us-leaves-industry-waiting-for-more-details/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether ETFs Saw $340M of Negative Outflows in Their First Week

More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.

source https://www.coindesk.com/markets/2024/07/29/ether-etfs-saw-340m-of-negative-outflows-in-their-first-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Nears $70K on Back of Trump's Speech, Bitcoin Cash and Base Memecoins Lead Crypto Market Gains

Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day.

source https://www.coindesk.com/markets/2024/07/29/bitcoin-nears-70k-on-back-of-trump-speech-bitcoin-cash-and-base-memecoins-lead-crypto-market-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Venezuela's Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports

The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises.

source https://www.coindesk.com/policy/2024/07/29/venezuelas-election-body-says-nicolas-maduro-relected-president-opposition-claims-victory-too-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

COMP Down 6.7% after Supposed 'Governance Attack' on Compound DAO

A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.

source https://www.coindesk.com/markets/2024/07/29/comp-down-67-after-supposed-governance-attack-on-compound-dao/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Nashville Conference in Pictures: Orange Athena, Pink Suits, Polymarket Swag, Trump's Song

source https://www.coindesk.com/tech/2024/07/29/bitcoin-nashville-conference-in-pictures-orange-athena-pink-suits-polymarket-swag-trumps-song/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

'If We Don't Do It, China Will': Trump's Crypto Embrace Tightens as He Speaks at Bitcoin Event in Nashville

source https://www.coindesk.com/policy/2024/07/27/if-we-dont-do-it-china-will-trumps-crypto-embrace-tightens-as-he-speaks-at-bitcoin-event-in-nashville/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Democratic Crypto Supporters Call for Crypto-Friendly Party Platform

More than a dozen Democrats in the U.S. House of Representatives and a long list of candidates for congressional seats are pushing their national committee to adopt a pro-crypto stance, according to a letter they sent on Saturday.

source https://www.coindesk.com/policy/2024/07/27/democratic-crypto-supporters-call-for-crypto-friendly-party-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin to Account for 7% of Global Wealth, Surge in Price to $13M in 21 Years: Michael Saylor

The Executive Chairman of MicroStrategy spoke Friday at Bitcoin 2024.

source https://www.coindesk.com/markets/2024/07/26/bitcoin-to-account-for-7-of-global-wealth-be-worth-13m-in-21-years-michael-saylor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto

The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.

source https://www.coindesk.com/policy/2024/07/25/jersey-city-to-invest-in-bitcoin-etfs-the-latest-pension-to-dive-into-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First

Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck's Matthew Sigel said in an interview.

source https://www.coindesk.com/markets/2024/07/25/vaneck-sees-bitcoin-hitting-29m-by-2050-but-a-lot-has-to-happen-first/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation

She may not be appearing at Bitcoin Nashville this year alongside Donald Trump. But, if elected president, Kamala Harris could reshape the U.S.'s policy on digital assets. Penn State Dickinson Law professor Tonya Evans sketches out what could (and should) be her agenda.

source https://www.coindesk.com/opinion/2024/07/25/how-kamala-harris-could-usher-in-a-clean-slate-for-crypto-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Down Over 7.5% as ETHE Outflows Ramp Up

Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale's converted Ethereum Trust ETF posted a net outflow of over $800 million.

source https://www.coindesk.com/markets/2024/07/25/eth-down-over-75-as-ethe-outflows-ramp-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut

The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.

source https://www.coindesk.com/markets/2024/07/25/cmes-ether-futures-record-highest-ever-open-interest-of-383k-eth-after-etf-debut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

The surging trading volumes helped the bank reach profitability for the first time.

source https://www.coindesk.com/business/2024/07/24/sygnums-first-half-spot-crypto-trading-doubles-derivatives-increase-500/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

source https://www.coindesk.com/markets/2024/07/24/bitcoin-holds-up-as-tech-stocks-plunge-ether-sinks-a-day-after-etf-launch/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.

source https://www.coindesk.com/markets/2024/07/23/bitcoin-slips-to-near-65k-as-mt-gox-creditors-receive-assets-on-kraken/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Spot Ether ETFs See $600M in Volume In First Half Day of Trading

The eight recently launched spot ethereum exchange-traded funds (ETFs) posted nearly $600 million worth of volume in the first half of their first day of availability, according to data from Bloomberg.

source https://www.coindesk.com/markets/2024/07/23/spot-ether-etfs-see-600m-in-volume-in-first-half-day-of-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shark Tank's Kevin O'Leary on Crypto Investing, Ether ETFs and Gary Gensler

source https://www.coindesk.com/business/2024/07/23/shark-tanks-kevin-oleary-on-crypto-investing-ether-etfs-and-gary-gensler/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show

An address labeled "U.S. Government: Ryan Farace Seized Funds" moved BTC worth nearly $4 million to Coinbase 10 hours ago.

source https://www.coindesk.com/markets/2024/07/23/us-government-moves-4m-bitcoin-to-coinbase-arkham-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum ETFs Could See Underwhelming Demand, Two Research Firms Predict

source https://www.coindesk.com/markets/2024/07/22/ethereum-etfs-could-see-underwhelming-demand-two-research-firms-predict/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Polymarket Bettors Put Nearly $80M on Biden's Democratic Chances

Market data shows Polymarket bettors called Biden drop out hours before it was announced.

source https://www.coindesk.com/markets/2024/07/22/polymarket-bettors-put-nearly-80m-on-bidens-democratic-chances/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

source https://www.coindesk.com/policy/2024/07/21/with-biden-out-polymarket-favors-harris-for-democratic-presidential-nominee/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether

The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative.

source https://www.coindesk.com/markets/2024/07/19/bitcoin-shib-trade-at-30-haircut-on-wazirx-as-exploiter-converts-stolen-loot-to-ether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Italy's Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial

Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.

source https://www.coindesk.com/business/2024/07/18/italys-top-banks-participate-in-25m-digital-bond-issuance-on-polygon-in-ecb-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Mining Is So Back (Except It's AI Now)

Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.

source https://www.coindesk.com/opinion/2024/07/18/bitcoin-mining-is-so-back-except-its-ai-now/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Vitalik Buterin Argues Against Supporting Political Candidates Based Only On 'Pro-Crypto' Stances

source https://www.coindesk.com/policy/2024/07/17/vitalik-buterin-argues-against-supporting-political-candidates-based-only-on-pro-crypto-stances/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Polymarket Feeds Political Junkies, With Nate Silver

In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.

source https://www.coindesk.com/tech/2024/07/17/the-protocol-polymarket-feeds-political-junkies-with-nate-silver/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

After Court Order, Craig Wright Updates Website With Admission He Is Not Bitcoin Creator Satoshi

A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise.

source https://www.coindesk.com/policy/2024/07/16/after-court-order-craig-wright-updates-website-with-admission-he-is-not-satoshi-nakamoto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit

European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.

source https://www.coindesk.com/policy/2024/07/16/bitcoin-miner-northern-data-moves-to-dismiss-ex-employees-whistleblower-suit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ETF Stands for 'Everything That Fits'

First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money.

source https://www.coindesk.com/opinion/2024/07/16/etf-stands-for-everything-that-fits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CarnationFM: A Decentralized Radio Playing Songs With Encrypted Hidden Messages

A music-focused radio FM which allows songs to act as a transport vessel for hidden messages has emerged from EthBerlin 2024 as the award winner for the Best Social Impact.

source https://www.coindesk.com/business/2024/07/16/carnationfm-a-decentralized-radio-playing-songs-with-encrypted-hidden-messages/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlackRock Assets Under Management Rise Through $10T

The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.

source https://www.coindesk.com/business/2024/07/15/blackrock-assets-under-management-rise-through-10t/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court

Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews.

source https://www.coindesk.com/policy/2024/07/15/tornado-cash-co-founder-alexey-pertsev-denied-bail-by-dutch-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Spain National Fan Token Slides 20% After UEFA Euro 2024 Win

Fan tokens are known to see anticipatory gains and post-tournament losses.

source https://www.coindesk.com/markets/2024/07/15/spain-national-fan-token-slides-20-after-uefa-euro-2024-win/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Retakes $62K as 'Trump Trades' Back In Vogue After Weekend Attack

The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said.

source https://www.coindesk.com/markets/2024/07/15/bitcoin-retakes-200-day-average-as-trump-trades-back-in-vogue-after-weekend-attack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting

The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.

source https://www.coindesk.com/markets/2024/07/14/trumps-odds-of-victory-hit-all-time-high-on-polymarket-after-shooting/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DePIN Can Power a More Sustainable GenAI Industry

The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case.

source https://www.coindesk.com/opinion/2024/07/12/depin-can-power-a-more-sustainable-genai-industry/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution

Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.

source https://www.coindesk.com/policy/2024/07/12/conduct-versus-code-may-be-the-defining-question-in-roman-storm-prosecution/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Biden's Odds of Dropping Out Jump Again on Polymarket Ahead of President's Press Conference

Prediction market traders now see a 65% chance the president will quit the race.

source https://www.coindesk.com/markets/2024/07/11/bidens-odds-of-dropping-out-jump-again-on-polymarket-ahead-of-presidents-press-conference/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler

A federal judge encouraged Coinbase to drop – or at least substantially modify – its efforts to subpoena U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s personal communications during a hearing Thursday.

source https://www.coindesk.com/policy/2024/07/11/judge-sends-coinbase-back-to-the-drawing-board-over-efforts-to-subpoena-secs-gary-gensler/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources

source https://www.coindesk.com/business/2024/07/11/okx-picks-malta-over-france-as-europe-hub-to-comply-with-eus-mica-crypto-rules-sources/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves

There's less than 5,000 bitcoin left in wallets linked to German authorities after Thursday's transfers, down from the 50,000 BTC that was confiscated, blockchain data shows.

source https://www.coindesk.com/markets/2024/07/11/germany-almost-done-selling-bitcoin-holding-less-than-5k-tokens-after-latest-moves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in

After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry participants.

source https://www.coindesk.com/policy/2024/07/10/as-doe-preps-for-take-two-of-controversial-crypto-mining-survey-industry-weighs-in/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG

Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.

source https://www.coindesk.com/markets/2024/07/10/bitcoin-price-decline-on-germany-mt-gox-and-miner-sell-pressure-may-be-overblown-nydig/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bragging Rights Are Key to Retaining Web3 Gamers

Gaming is a social endeavor, so winning means cooperating with your friends in quests or beating the player on the other screen, and telling the world about your achievements, says Allen Ng, Co-Founder of OpenSocial Protocol.

source https://www.coindesk.com/consensus-magazine/2024/07/10/bragging-rights-are-key-to-retaining-web3-gamers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Celestia's TIA Token Surges 25%, Leaves Crypto Traders in Disbelief

Funding rates in perpetual futures tied to TIA are most negative since January, indicating a bias for shorts or bearish bets.

source https://www.coindesk.com/markets/2024/07/10/celestias-tia-token-surges-25-leaves-crypto-traders-in-disbelief/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

5 Blockchain Games: What Works and What Doesn't

Web3 games are much, much better than they used to be. Longtime gamer David Morris ranks the gameplay, graphics and tokenomics of popular franchises like Gods Unchained, Pixels and, yes, Hamster Kombat.

source https://www.coindesk.com/consensus-magazine/2024/07/09/5-blockchain-games-what-works-and-what-doesnt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.

Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.

source https://www.coindesk.com/news-analysis/2024/07/09/its-not-germany-thats-selling-bitcoin-its-one-of-its-states-and-it-has-no-choice/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Germany Sill Holds $2.2B Worth of Bitcoin, Blockchain Data Show

Germany has been running down its coin stash since mid-June.

source https://www.coindesk.com/markets/2024/07/08/germany-sill-holds-22b-worth-of-bitcoin-blockchain-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins

CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins

source https://www.coindesk.com/markets/2024/07/08/coindesk-20-down-7-bitcoin-sinks-by-5-as-asia-trading-week-begins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M

Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.

source https://www.coindesk.com/markets/2024/07/06/bitcoin-etf-investors-bought-the-dip-on-friday-with-inflows-topping-140m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

source https://www.coindesk.com/markets/2024/07/05/as-bitcoin-bellyflops-to-54k-only-five-mining-rigs-remain-profitable-says-f2pool/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.

source https://www.coindesk.com/markets/2024/07/04/mt-gox-doomsday-scenario-involves-bitcoin-cash-not-bitcoin-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations

Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%.

source https://www.coindesk.com/markets/2024/07/04/bitcoin-plunges-under-59k-as-crypto-bulls-see-230m-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: 'Private Jet Brandization' Is One Way Polkadot Burnt Cash

Crypto twitterati showed no mercy as Polkadot published a transparency report detailing spending on $87 million of DOT tokens – a lot of it on marketing. PLUS blockchain tech news and project highlights from the past week.

source https://www.coindesk.com/tech/2024/07/03/the-protocol-private-jet-brandization-is-one-way-polkadot-burnt-cash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Biden's Odds of Dropping Out Jump to 55% on PolyMarket as Obama Raises 'Concerns' About Presidential Campaign

Traders are now giving a 55% chance President Biden abandons his campaign and a 42% chance he does it before the Democratic convention

source https://www.coindesk.com/markets/2024/07/03/bidens-odds-of-dropping-out-surges-to-55-on-polymarket-as-obama-raises-concerns-about-presidential-campaign/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini

Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said

source https://www.coindesk.com/markets/2024/07/02/ether-spot-etfs-to-see-up-to-5b-of-net-inflows-in-first-six-months-gemini/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows.

source https://www.coindesk.com/markets/2024/07/02/ethereum-products-see-highest-outflows-since-2022-ahead-of-ether-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.

source https://www.coindesk.com/markets/2024/07/02/bitcoin-traders-position-for-bullish-july-as-btc-etfs-record-124m-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRock’s BUIDL Token

Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.

source https://www.coindesk.com/business/2024/07/01/prime-broker-hidden-road-adds-major-crypto-exchanges-expands-use-of-blackrocks-buidl-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports

Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.

source https://www.coindesk.com/business/2024/07/01/sony-buys-ambers-japan-unit-to-enter-the-crypto-market-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines