Jito’s Token Launch Pushed Competitor Marinade’s MNDE to All-Time Highs
Marinade’s market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.
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Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to ‘Fill CME Gap’
Market observers “underappreciate” future inflows from institutional investors to bitcoin, asset 21.co CEO said in a CoinDesk TV interview.
Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC
The firm says it has already seen $6 billion in volume in the Latin American region since its debut in April.
Chainlink Staking Program Quickly Pulls in $600M, Hitting Limit; LINK Jumps 12%
The blockchain-oracle project’s “v0.2” staking program expanded the capacity to 45M LINK tokens from 25M, and the portion reserved for the community quickly filled up. The LINK token surged in price.
Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates
Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning’s numbers.
First Mover Americas: Binance Withdraws an Abu Dhabi License Application
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Starknet Foundation to Allocate 1.8B STRK Tokens ‘Soon’
Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates.
Binance Withdraws License Application for Abu Dhabi Investment Fund
Binance determined the application was not necessary “when assessing [its] global needs.” The move is unrelated to the exchange’s legal settlement in the U.S.
Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists.
El Salvador Could Rake in $1B Bitcoin Investment Per Year With New ‘Freedom VISA’
The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far.