CoinDesk

After a decade of tax incentives and transparency attracting philanthropists to crypto, Web3 innovation is adding fuel to the fire.

The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.

Valdi allows customers to use available GPU compute cycles in data centers across the world.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The new wallet is able to bypass need for seed phrases, browser extensions or email verifications to use decentralized apps.

The co-founder and former Valkyrie CEO will the digital asset management firm to “push boundaries” of crypto investing.

So-called “Boosters” enhance the yield from WOO tokens, which are staked to earn a share of the DEX’s fees.

Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on “modular” networks to handle Ethereum’s myriad components and functions.

Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity .

Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.

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The Delegation Toolkit will allow for instant user onboarding without needing to interact with a traditional wallet, in addition to eliminating “user friction completely,” meaning no pop-ups or confirmations when switching between a decentralized application and wallet.

Such inflows are the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.

Macro factors and persistent “risk-on” in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry.

DigitalX Bitcoin ETF will trade on the ASX as BTXX.

Earlier Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.

The Chicago Board Options Exchange (Cboe) has officially asked the SEC to let asset managers VanEck and 21Shares bring a Solana-based exchange-traded fund (ETF) to the market.

The overall market of tokenized U.S. Treasury products has reached $1.8 billion, up from $780 million in January, rwa.xyz data shows.

Former President Donald Trump’s Republican Party has officially adopted a platform that would seek to support cryptocurrency innovation, according to the document released Monday by the Republican National Committee.

Clicker giants like Notcoin, TapSwap, Yescoin and Hamster Kombat have shown how blockchain games can reach millions of users, says Alena Shmalko, Ecosystem Lead at TON Foundation.

Bitcoin’s price briefly declined to $55,000 following the blockchain transactions.

Plus: Polymarket traders remain skeptical about Biden’s insistence he’s staying in the U.S. presidential race; will ETH fall to $2,630?

The Chairman of the Catizen Foundation explains how the team behind the Web3 game attracted 23 million players, and how it hopes to build a lasting franchise.

FIL and LINK emerged as top performers, driving the CoinDesk 20 index higher by 3.2%.

Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.

As social, finance, gaming, messaging become folded in single “super apps” – as they are already in Asia – memes transmit subtle but powerful cultural meaning in a digitally-native way, says Ray Chan, CEO of Memeland. Welcome to the Meme Age.

To lead the investment efforts, the company appointed Julien Auchecorne as head of Auros Ventures.

With hundreds of millions of users, Telegram’s TON, aka The Open Network, is building a head of steam in simple, addictive, fun games built on a blockchain.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.