Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network

First Mover Americas: Mt. Gox Repayments Worsen BTC Woes The latest price moves in bitcoin (BTC) and crypto markets in context for June 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Mt. Gox to Begin Repayments in July; BTC Slides Under $61K The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.

Ether Traders Buy $4K Calls In Anticipation of Record High Call buyers are implicitly bullish on the market.

Don’t Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month Permission-based repo ledgers are among the most successful applications of blockchain technology.

Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said.

Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years: Nomura Survey 54% of respondents said they planned to invest in cryptocurrencies in the next three years and 25% of firms said they had a positive impression of digital assets, the study said.

Japan’s Metaplanet Wants to Buy Another $6M Bitcoin The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.

Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst The bearish pattern hints at a further correction.

Bitcoin Tumbles Toward $62K as Crypto Bulls See $150M in Liquidation The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.

This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.

McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption ‘Still Far Away’ Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report.

Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet Michael Saylor and Dell engaged in a brief back-and-forth on X on Friday morning.

Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.

Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment Dismal bitcoin price action has apparently caused crowd sentiment for four straight weeks, a sign that may spell relief for bulls in the near term.

First Mover Americas: Bitcoin Falls Below $64K Following $900M in ETF Outflows The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Meme Coin Liquidity Hits Record High Even as Bid-Ask Spread Spotlights Risk Generally, increased liquidity leads to a tighter bid-ask spread, but that’s not the case with meme coins.

Standard Chartered Is Building a Spot BTC, ETH Trading Desk: Bloomberg Standard Chartered would become one of the first global banks to enter spot cryptocurrency trading.

U.S. Lawmakers Visit Detained Binance Exec in Nigeria, Call for Release The two House members said Tigran Gambaryan is being wrongfully detained and should be freed.

Bitcoin ETFs Post $900M in Net Outflows This Week Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.