DraftKings Dumps NFT Business, Citing Legal Developments
The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
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Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.
Ether ETFs Saw $340M of Negative Outflows in Their First Week
More than $1.5 billion of exits from Grayscale’s high-fee Ethereum Trust more than offset inflows into the other spot products.
Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of ‘Silk Road’ Tokens
The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release.
Bitcoin Pulls Back Sharply After Touching $70K
In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling.
Polymarket Whales Favor Trump as Election Betting Surges Past $400M
Traders also are skeptical about China ‘unbanning’ bitcoin
CoinDesk 20 Performance Update: BCH’s 21% Surge Leads Index Gain
Bitcoin Cash and Litecoin lead the charge as the CoinDesk 20 Index climbs 3.0% since Friday’s close.
WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its “Withdrawal Management Programme: Opinion Poll” in the aftermath of the $230 million hack, 45% of its user funds, it suffered earlier this month.
First Mover Americas: Bitcoin Rises to Nearly $70K After Trump’s BTC 2024 Speech
The latest price moves in bitcoin (BTC) and crypto markets in context for July 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.