Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
Bitcoin price on Aug. 27 (CoinDesk)
Markets
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders
The mics likely won’t be muted, the market believes.
First Mover Americas: Bitcoin Drops as Traders Take Profits
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
Bitcoin (BTC) slid under the $63,000 mark early Tuesday as profit-taking from a weekend rally extended into a second-day, bringing down the broader crypto market.
PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token’s growth.
Tokenized Treasury Funds Pass $2B Market Cap Amid BlackRock’s Explosive Growth
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz.
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.
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.