First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.

U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

Exponential.fi Wants to Make It Easier to Invest in DeFi The platform aims to make it easy to identify opportunities, bridge fiat, assess risk, and invest in crypto all-in-one.

Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.

ARG Token Doubles as Argentina Enters Copa America Final The Argentina Football Association’s ARG is the largest soccer fan token by trading volume, according to CoinMarketCap.

Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.

Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market Increased prospects of Fed rate cuts could bode well for BTC’s recovery.

Staked Ether Close to All-Time High as ETF Approval Nears Polymarket bettors give a 90% chance that ether ETFs get approved by July 26.

Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan Jump Trading’s Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol’s current market cap.

Protocol Village: SKALE’s ‘Pacifica V3’ Upgrade to Double Transaction Throughput The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.

Trump to Speak at Bitcoin Conference in Nashville on July 27

Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020 BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ).

Bragging Rights Are Key to Retaining Web3 Gamers Gaming is a social endeavor, so winning means cooperating with your friends in quests or beating the player on the other screen, and telling the world about your achievements, says Allen Ng, Co-Founder of OpenSocial Protocol.

Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG Recent blockchain movements sparked “irrational” fears, offering a buying opportunity for investors, NYDIG’s Greg Cipolaro said.

As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry participants.

The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight In this week’s blockchain tech newsletter, we’re highlighting the firm Polychain’s accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin’s speech in Brussels and Bitcoin’s Saxony problem.

How Tokenized Real World Assets Are Outperforming Crypto Whether to hedge against crypto volatility, add utility and efficiencies, or streamline access to alternatives, tokenized RWAs make sense for investors and institutions alike.

How Staking Rate Benchmarks Can Build Digital Assets Markets By comparing their returns to a trusted industry benchmark, Ethereum operators can identify areas for improvement and optimize their operations, as well as to differentiate their staking products in a competitive market, says Tom Whitton, CFO, Pier Two.

As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel’s fellow members this week, the committee’s top Republican said his meetings with the digital assets industry indicate that those businesses don’t yet like what they’re see…