Category: CoinDesk
A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age. Source: https://www.coindesk.com/policy/2024/10/26/from-smuggling-gold-out-of-africa-to-bridging-bitcoin-and-cardano/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon. Source: https://www.coindesk.com/markets/2024/10/25/crypto-rally-foiled-by-report-of-doj-probe-of-tether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Tokenization of conventional financial products is a booming sector within the digital asset industry, with BlackRock, HSBC and now Lazard among the global firms entering the space. Source: https://www.coindesk.com/business/2024/10/25/wall-street-financial-services-firm-lazard-plans-to-create-tokenized-funds-with-bitfinex-securities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Blockchains are stuck in silos, fragmenting liquidity and making for a clunky user experience. It’s time to tear down the walls. Source: https://www.coindesk.com/opinion/2024/10/25/aggregation-is-the-only-way-to-unify-web3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
NEAR Protocol also joined Aptos as an underperformer, falling 2.2% from Thursday. Source: https://www.coindesk.com/coindesk-indices/2024/10/25/coindesk-20-performance-update-apt-falls-27-leading-index-lower/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …
Microstrategy hits 17% of the trade volume of nvda Source: https://www.coindesk.com/markets/2024/10/25/microstrategy-touches-new-highs-as-trading-volume-relative-to-nvidia-surges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country. Source: https://www.coindesk.com/business/2024/10/25/newly-qualified-crypto-custodian-balance-aims-to-bring-etf-assets-held-in-the-us-back-to-canada/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The low pricing seems consistent with stable and rangebound implied volatility. Source: https://www.coindesk.com/markets/2024/10/25/the-popular-100k-year-end-goal-for-bitcoin-has-less-than-10-probability-in-options-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Low liquidity led to massive slippage for one entity trying to buy up Trump “yes” shares in a short period. Source: https://www.coindesk.com/markets/2024/10/25/polymarket-trader-betting-on-donald-trump-win-ends-up-getting-99-odds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines