CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading
A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.
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A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.
Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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An address labeled “U.S. Government: Ryan Farace Seized Funds” moved BTC worth nearly $4 million to Coinbase 10 hours ago.
The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn’t likely to become a law as-is.
The crypto market recently rebounded, with Bitcoin (BTC) crossing the $66,000 level and Ethereum (ETH) reaching the $3,500 mark due … Continue reading
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The SEC just gave final approval to ether ETFs. (Nikhilesh De/CoinDesk)
The launch of the spot ether exchange-traded funds (ETFs) could be rather underwhelming, one crypto firm says, while another predicts inflows will be lower than expected. (Getty Images)
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