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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.

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Author: Jamie Crawley, Omkar Godbole

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.

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Author: Camomile Shumba

Standard Chartered to launch spot trading desk for bitcoin and ether: Bloomberg

Standard Chartered is close to starting its own spot crypto trading desk for bitcoin and ether, according to a report.

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Author: Brian McGleenon

Arbitrum’s daily revenue soared to record $3.4 million amid LayerZero token claims

Amid LayerZero token claims, Arbitrum registered $3.43 million in revenue on June 20, compared to just $20,000 the day before.

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Author: James Hunt

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.

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Author: Jamie Crawley

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.

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Author: Shaurya Malwa

Consensys asks IRS to delay new crypto reporting rules, citing lack of clarity

Consensys said the proposed tax form may “single-handedly destroy” self-custody wallet providers in the U.S.

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Author: Danny Park

US spot bitcoin ETFs shed $140 million as fund exit continues

Spot bitcoin ETFs in the US saw their fifth consecutive day of net outflows, with $139.88 million moving out on Thursday.

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Author: Danny Park

Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign

Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company’s president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support, Tyler explained Thursday in a extensive posting on X.

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Author: Jesse Hamilton

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.

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Author: Cheyenne Ligon


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