Chainlink Expands to Bitcoin, Helping Original Blockchain With Its Layer-2 Shift Chainlink’s service is an integral part of many major blockchains but has not featured on Bitcoin until now.

Binance’s Tigran Gambaryan Has Left Nigeria Following 8-Month Detention After spending eight months detained in the country, the Binance enployee was allowed to leave Kuje prison last night.

Crypto for Advisors: Bitcoin on The Balance Sheet Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing bitcoin, motivated by economic, geopolitical, and regulatory factors.

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

CoinDesk 20 Performance Update: UNI Gains 6.3% as Nearly All Index Constituents Trade Higher Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.

Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase’s Base on ‘Superchain’ The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.

Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus The firing of the firm’s co-founder and its CFO in July triggered a wave of departures.

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when considering his sentence.

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.

Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery

Institution Takes $25M Hedge Bet on Derive’s Bitcoin Options Market as U.S. Election Looms The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume.

Number of Bitcoin Whales Jumps to Highest Since January 2021 Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC.

Citibank Debanked Ripple’s Brad Garlinghouse Due to Crypto, Exec Says The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government’s pressure on banks to be wary of digital assets, saying Citi dumped him.

Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris The former president’s probability of retaking the White House slid to 59% Wednesday before rebounding.

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff Cryptocurrencies weren’t spared as stocks, bonds, gold and oil all declined on Wednesday.

Crypto Traders Apparently Spam Truth Terminal into Pumping Coin Associated with Brian Armstrong’s Dog

The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women This week’s issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun’s role in the WBTC project, bring you excerpts from the new crypto book “Lessons Learned” and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse.

Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.