Democrats Have Made a ‘Horrific Mistake’ on Crypto, Says SkyBridge Capital’s Anthony Scaramucci The former White House Communications Director under President Trump spoke in an exclusive interview with CoinDesk’s Jennifer Senasi.

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley The bitcoin miner will be a future leader in HPC hosting due to the lucrative deals it has signed with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.

Bitcoin Summer 2024: What to Expect BTC is currently flat, caught in a plateau between narratives. What factors could wake the bull again? Alexander Blume, CEO of Two Prime, looks ahead.

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.

Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket is striking while the iron is hot by hiring popular statistician and writer Nate Silver as an adviser.

CoinDesk 20 Performance Update: Mixed Results with XRP and ICP Leading The index rose slightly in overnight trading with half the assets trading higher, including notable gains in XRP and ICP.

Grayscale Launches Artificial Intelligence-Focused Crypto Fund; AI Tokens Gain The Grayscale Decentralized AI Fund includes the native tokens of AI-focused blockchain protocols such as Near (NEAR), Render (RNDR), Bittensor (TAO), Filecoin (FIL) and Livepeer (LPT).

Rotation Out of Mega-Cap U.S. Stocks Could Provide Tailwind for Cryptocurrencies, Marex Solutions Says Wall Street investors are deserting mega-cap stocks and piling into small-caps amid cooling inflation and strengthening signs of a Fed interest-rate cut.

First Mover Americas: Bitcoin Bulls Eye $70K After Return to $66K The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends Hong Kong’s financial regulators published the conclusions of consultation on fiat-referenced stablecoin regulation and said they are preparing a bill to introduce into the Legislative Council later this year.

Crypto Exchanges Clamping Down on Prime Brokers Is Backwards Step for Market Efficiency, Traders Say

Ether Spot ETF Inflows Will Push ETH to Beyond $5K: Bitwise It may not happen immediately and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said.

OKX Wallet Hits 100 Protocol Support as It Adds TON Compatibility There is a growing TON-based economy, using Telegram as a hub, and activity tends to increase when new gamification features are added.

Deribit’s New Bitcoin, Ether Options Tied to U.S. Elections Get Thumbs Up From Crypto Traders

XRP Surges 12% on the Back of Triangle Pattern, Rising Futures Bets Favor Bullish Price Moves Ahead Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.

Market Maker Flowdesk Doubled Down on the U.S. as Things Looked Bleak. Now That Bet Is Paying Off Flowdesk’s CEO made a contrarian bet on the U.S. as the Securities and Exchange Commission was waging war on crypto. Fast forward a year, and the country has bitcoin ETFs, ether ETFs are imminent and pro-crypto legislation is before the Senate.

Crypto Trading Firm XBTO Establishes Tokenization Team to Focus on Real World Assets The tokenization platform will soon offer an “e-note” for hemp and CBD producer AgroRef.

Bitcoin Bulls Eye $70K Amid Donald Trump’s Rising Chances of Returning as President Traders and funds are becoming increasingly bullish on BTC as the German government completes its sales of their large holdings while Mt Gox distributes funds to creditors, one market observer said.

Standard Chartered-Backed Zodia Markets to Buy Elwood Trading Desk The deal will strengthen Zodia Markets’ over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.

U.S. Senator Who Called Bitcoin ‘Ideal Choice for Criminals,’ Convicted of Bribery U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto critic, was found guilty of accepting bribes, including gold bars and a luxury car, in exchange for his political clout by a jury on Tuesday.