Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head Gradwell will be responsible for quantifying the Tether economy to regulators.

First Mover Americas: Bitcoin Rises Above $62.5K Following Trump Shooting The latest price moves in bitcoin (BTC) and crypto markets in context for July 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Spain National Fan Token Slides 20% After UEFA Euro 2024 Win Fan tokens are known to see anticipatory gains and post-tournament losses.

Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews.

BlackRock Assets Under Management Rise Through $10T The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.

Bitcoin Retakes 200-Day Average as ‘Trump Trades’ Back In Vogue After Weekend Attack The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said.

Trump’s Odds of Victory Hit All-Time High on Polymarket After Shooting The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.

Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed’s 2% goal.

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution Prosecutors and Roman Storm’s attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.

DePIN Can Power a More Sustainable GenAI Industry The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case.

MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate MakerDAO’s competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says The crypto tracing company’s latest report shines a light on potential money laundering.

Why Blockbuster Games Will Soon Be Built on Modular Appchains Mainnets like Ethereum’s aren’t suitable for major (AAA) game development. The only real solution is a horizontally scalable blockchain coupled with modularity and a gas-free experience for end-users, says Jack O’Holleran, CEO of SKALE Labs.

SEC Drops Investigation of Bitcoin L2 Stacks Builder Hiro, Filing Says The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements.

DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid.

First Mover Americas: BTC Retreats From $60K The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

XRP is the Sole Major in Green as Bitcoin Bulls Remain Sidelined BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B