Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.
Bitcoin
Bitcoin’s Uptrend Threatened by Looming ‘Stochastics’ Signal: Fairlead Strategies
The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.
Protocol Village: Credbull Raises $5.2M, Aave Comes to ZKSync Era
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 22-28.
TradFi Underestimates Bitcoin’s Enormous Scale, Franklin Templeton CEO Says
Bitcoin processed $36.6 trillion in transactions last year, far more than payment network giants Mastercard and Visa combined.
RFK Jr. Reportedly Dropping Out of Presidential Race, Mulling Trump Endorsement; Bitcoin Jumps Past $61K
The independent candidate has scheduled a national address for Friday.
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 latest actions in the crypto markets.
U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession
The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.
U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest
Notional open interest in BTC options tied to U.S. elections. (Amberdata)
Bitcoin Staking Platform Babylon to Start Phased Mainnet Launch This Week
Allnodes, Figment and Galaxy Digital are among the finality providers.
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies.