CoinDesk

Ether prices also fell to $2.2K.

A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%.

Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.

Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.

Former President Donald Trump heaped more praise on the “very, very smart people” of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national debt. Though Vice President Kamala Harris, his presumptive Democratic opponent in the presidential race, hasn’t yet … Read more

The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.

The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.

The broker raised its year-end price target for the software company to $2,150 from $1,875.

France’s Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.

Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.

The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.

The U.S.’s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90% of the global market.

The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%.

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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.

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.

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.

A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.

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.

Coinbase revenue beat Wall Street analysts’ expectations, while profit came in lower than the consensus.

For the moment, only bitcoin and ether can be traded, while the company works on “expanding our crypto offerings in the near future.”

Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator.

Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.

India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed.

Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim … Read more

The miner said its adjusted EBITDA swung to loss, compared to previous quarter’s profit.

Coinbase (COIN) reported second-quarter earnings on Thursday.

MicroStrategy reported second-quarter earnings on Thursday.