Celestia’s TIA Token Surges 25%, Leaves Crypto Traders in Disbelief Funding rates in perpetual futures tied to TIA are most negative since January, indicating a bias for shorts or bearish bets.

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.

It’s Not Germany Selling Bitcoin. It’s One of Its States and It Has No Choice. Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.

5 Blockchain Games: What Works and What Doesn’t Web3 games are much, much better than they used to be. Longtime gamer David Morris ranks the gameplay, graphics and tokenomics of popular franchises like Gods Unchained, Pixels and, yes, Hamster Kombat.

MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.

Tezos Foundation Teams Up With Baanx for Non-Custodial Crypto Card Baanx has been working with Mastercard to deliver a range of non-custodial crypto card offerings.

Why We’re (Still) Investing in Web3 Gaming For innovation, adoption and impact, gaming stands out as a leading use case for blockchain technology, say Leah Callon-Butler and Nathan Smale, directors of Web3 advisory firm, Emfarsis.

Lionel Messi Promotes Obscure Meme Coin on Instagram, Leading to 350% Surge

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company Polychain says Niraj Pant broke the fund’s policies by secretly accepting “adviser” tokens from Eclipse.

What Still Needs to Happen Before Spot Ether ETFs Can Trade There’s a lot of excitement over the possibility that a spot ether exchange-traded fund (ETF) may be around the corner. Here’s what still needs to happen before one may launch.

Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year Former FTX Director of Engineering Nishad Singh and former Chief Technology Officer Gary Wang are set to be sentenced this fall in the ongoing criminal case against what was once a global crypto exchange before it collapsed in historic fashion near the end of 2022.

Ether ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck

TON Blockchain Will Release New Layer-2 Based On Polygon’s Technology The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer.

Move Over Hollywood: Why Gaming Is the New King of Entertainment To stay relevant in this dynamic environment, the entertainment industry must integrate emerging technologies like blockchain, or be satisfied with increasingly reduced engagement, says Yemel Jardi, co-founder of Decentraland.

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.

DePIN 2.0: What the Next Generation of DePINs Is Doing Differently The “second-mover advantage” phenomenon is playing out in real-time in the DePIN sector.

CoinDesk 20 Performance Update: ICP and ETH Lead Gains as Index Climbs 1.9% All 20 assets within the CoinDesk 20 are trading higher today.

First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows 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.

Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed Valdi allows customers to use available GPU compute cycles in data centers across the world.

Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges 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.