Category: Breaking

Bitcoin (BTC) slid under the $63,000 mark early Tuesday as profit-taking from a weekend rally extended into a second-day, bringing down the broader crypto market.

The trial was expected to resume on Oct. 11 but is now set to resume next week after defence lawyers requested that the case be heard sooner.

The fund, set for launch in September, will be available to corporates, businesses and professional investors

Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.

The driving motivation behind the changes was “how to scale DeFi to gigantic size” and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and six crypto billionaires, according to a report by New World Wealth and Henley & Partners.

The company says its CEO has nothing to hide as Toncoin’s losses subside.

RNDR jumps 10.7% and SOL climbs 6.7%, leading the CoinDesk 20 Index to a modest gain.

A key metric by which officials set rates shows the potential to cut rates by 175 basis points over the next nine months. If so, that’s likely to drive the prices of bitcoin and ethereum higher, says Scott Garliss.