24 Oct 2024
Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%. Read more
Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts
The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery Read more
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday. Read more
The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women
This week's issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun's role in the WBTC project, bring you excerpts from the new crypto book "Lessons Learned" and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse. Read more
Tokenized Treasuries: A Game-Changer for Collateral in Crypto Markets
Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo. Read more
Scroll's Token Declines 32% as Whales Scoop Up Airdrop
After more than a year of hype and expectation, layer-2 network Scroll's governance token launch is beginning to fall short of expectations after being plagued by token allocation issues. Read more
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty. Read more
CoinDesk 20 Performance Update: LINK Falls 5.7% as Nearly All Index Constituents Decline
Internet Computer was the only gainer, rising 2.3% from Tuesday. Read more
First Mover Americas: BTC's Fall Below $67K Prompts Broad Market Dip
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more
Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S Read more
Price analysis 10/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s correction ignited selling in altcoins, which are slipping below critical support levels. Read more
US tech exec warns China is ‘a decade ahead’ on quantum
Analysts often claim China is winning the quantum race but available research indicates otherwise. Read more
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