Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
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First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Compound Finance, Celer Site Compromised in Phishing Attack
The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected.
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.
ARG Token Doubles as Argentina Enters Copa America Final
The Argentina Football Association’s ARG is the largest soccer fan token by trading volume, according to CoinMarketCap.
Staked Ether Close to All-Time High as ETF Approval Nears
Polymarket bettors give a 90% chance that ether ETFs get approved by July 26.
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
Increased prospects of Fed rate cuts could bode well for BTC’s recovery.
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.
Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan
Jump Trading’s Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol’s current market cap.
Protocol Village: SKALE’s ‘Pacifica V3’ Upgrade to Double Transaction Throughput
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.