First Mover Americas: Bitcoin Holds Below $60K Before U.S. Jobs Data Revision
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the…
Category: CoinDesk
‘Wartime CEO’: Urbit’s Founder Returns in Shakeup at Moonshot Software Project
“We’re here to fix this,” Curtis Yarvin says of the struggling endeavor to rebuild the entire internet computing stack from scratch.”We’re here to fix this,”…
Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company’s board before pursuing a takoever again.The deal…
German Regulator Seizes 13 Crypto ATMS
The machines were operating without the required BaFin permission and posed money laundering risks, the statement by BaFin said.The machines were operating without the required…
Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
Tether plans to seek licensing for the stablecoin under the U.A.E. Central Bank’s Payment Token Services Regulation.Tether plans to seek licensing for the stablecoin under…
Bitcoin Metrics Signal Weak Demand as BTC ETF Hype Slows: CryptoQuant
Apparent demand has slowed considerably since early April and even dipped into negative territory this month, the firm noted.Apparent demand has slowed considerably since early…
Bitcoin Bear Trap? Goldman Says Wednesday’s U.S. Jobs Report is Likely to Overstate Weakness
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report)…
Institutions Are Still Buying Bitcoin ETFs, Bitwise Says
The number of institutional investors holding bitcoin ETFs rose 14% in the second quarter of the year to 1,100, the report said.The number of institutional…
Zenrock Aims to Calm Users’ DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners.…
Another Crypto ‘Fraudster’ Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports
Polish national Roman Ziemian, the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million has been detained in…