Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole
Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday.
Markets
AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K
Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.
Telegram Says it is Compliant With EU Digital Services Act After Founder Pavel Durov’s Arrest
The company says its CEO has nothing to hide as Toncoin’s losses subside.
TON Down 14% as Telegram CEO Pavel Durov Arrested in France
Durov’s arrest stems from a warrant issued by France’s OFIM, an office that works to prevent violence against minors, as part of a complaint into Telegram’s lack of moderation and cooperation with law enforcement.
Bitcoin Surges to Nearly $64K, Adding to Gains as RFK Jr. Endorses Trump
The independent candidate is suspending his campaign for president and removing his name from the ballot in ten “battleground” states.
First Mover Americas: Will BTC React to Powell’s Jackson Hole Speech?
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
The Wall Street bank updated its models and price targets for the miners to account for second quarter results and changes in the price of bitcoin and the network hashrate.
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
Bitcoin Tops $61K Before Powell’s Jackson Hole Speech as Ether ETFs Face Record Outflows
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.