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One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
Chainbase’s aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.
Leading overnight gains are SOL with a 2.5% increase and ETH up by 1.3%.
In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Payment giant Visa’s blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked back up in 2024.
Bankrupt crypto lender BlockFi will commence first interim crypto distributions through Coinbase in July 2024, it announced on Thursday.
Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.
President Joe Biden said during an interview that if a medical condition emerged, he’d consider dropping out of the race.
The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks.