Here’s Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
XRP’s order book on U.S. exchanges is 30% more liquid than offshore platforms.
Markets
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It
The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday’s crash, one observer noted.
Franklin Templeton’s Tokenized Money Market Fund Expands to Arbitrum
The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon.
First Mover Americas: Crypto Prices Little Changed, XRP Surges
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.
Bitcoin Faces Risk From ‘Maxed Out’ U.S. Consumers, Analyst Says
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.
Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President
Donald Trump’s chances of winning the 2024 election have declined 13 percentage points in the last month.
Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains
An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.