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Author: samwsimpson_lyjt8578

Bitcoin Plumbing Six-Month Lows and Higher Oil Prices Suggest Further Pressure

Saudi Arabia and Russia Monday morning agreed to extend oil production cuts, sending crude to its highest levels of 2023.

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Author: Stephen Alpher

Connext Airdrop Marred by $38K Sybil Bot Attack

Connext Network, a protocol that interacts with native blockchain bridges to optimize security, is the subject of intense scrutiny after one wallet appears to have exploited its NEXT token airdrop.

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Author: Oliver Knight

Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

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Author: Krisztian Sandor

First Mover Americas: Bitcoin Remains Subdued Below $26K

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 5, 2023. 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

BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank

The Californian company will develop custody services and security solutions, local media reported.

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Author: Oliver Knight

Traditional Finance Exchanges Divided on Crypto Services: Survey

A World Federation of Exchanges survey found 41% of respondents already offer crypto-related products or services, with a further 24% planning to offer them in the future.

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Author: Jamie Crawley

Deribit Sees 17% Growth in Crypto Derivatives Trading Volume in August, Led by Options

Options tied to ether recorded their highest volumes since March of this year, Deribit’s Luuk Strijers told CoinDesk.

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Author: Omkar Godbole

Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo

The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform.

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Author: Will Canny

The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes

The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.

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Author: Sam Reynolds

Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.

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Author: Omkar Godbole


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