Does World Liberty Financial Count as Trump ‘Launching a Coin’? Polymarket Bettors Are Divided
Plus, a look at how PoliFi tokens are doing compared to prediction markets; there might be another #election2024 up north.
Markets
Liquidity and Options Pave the Way for Bitcoin ETF Market Expansion
As liquidity grows, institutional investors and options strategies could fuel the long-term expansion of the bitcoin ETF market.
Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles
Trading firm QCP Capital said the move was similar to BTC’s price action in 2016 and 2020 before the U.S. elections.
Trump-Backed World Liberty Financial Whitelists 100K Accredited Investors Ahead of WLFi Launch
World Liberty Financial will be a unified platform where users can borrow and lend cryptocurrencies, create liquidity pools and transact with stablecoins, Folkman and Herro added.
First Mover Americas: Bitcoin Nears $65K as Chinese Stocks Rebound
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift
China’s highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.
Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement
Bitcoin price on 10 11 (CoinDesk)
Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange
The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.
Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Selling Pressure
Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows.
First Mover Americas: Bitcoin Trims Thursday’s Inflation-Led Losses
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.