Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
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Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
Protocol Village: Arthur Hayes Releases NFT Collection ‘Airheads’ on Bitcoin Ordinals
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.
CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading
The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%.
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
The U.S. jobs report for July was released Friday morning (Tim Mossholder/Unsplash, modified by CoinDesk)
Crypto Exchange Bybit Withdraws From France in Response to Regulations
It has always been Bybit’s primary objective to operate our business in compliance with all relevant rules and regulations, the company said in its post.
First Mover Americas: BTC Warnings Finger Drop to $55K
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Kujira Foundation’s Tokens Stung by Its Own Leveraged Positions as Bets Backfire
The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols.
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.
Kamala Harris Can’t Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could “make a difference in key battleground states,” OMFIF wrote.