Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
The notes’ conversion rate will initially be 0.4894 shares of MicroStrategy class A common stock per $1,000 principal amount of notes.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The distribution of bitcoin and ether options suggests that the crypto market may be on the verge of a summer lull in trading activity, analysts at QCP Capital said.
PixelTap is a Telegram-based game that lets you train and upgrade bots and fight with them against other people.
A money-laundering trial is still scheduled, with Binance executives Tigran Gambaryan and Nadeem Anjarwalla remaining on that case.
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
Taiwan’s crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
Market realignment for potentially only a single U.S. Federal Reserve rate cut this year has dragged bitcoin and equities lower.
