Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.
Markets
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.
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.
Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.
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.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein
The ability to raise debt or equity in the world’s deepest capital markets is a major advantage, the report said.
Floki Scores Major Deals With English Premier League Teams
Ecosystem tokens and its flagship Valhalla game will be widely featured on stadium screens and as uniform sponsors, boosting the project’s visibility as part of an initial one-year contract.
Bitcoin Pops Over $61K, XRP Leads Gains Among Majors
Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.
U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest
Notional open interest in BTC options tied to U.S. elections. (Amberdata)