First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC

The latest price moves in bitcoin (BTC) and crypto markets in context for July 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Crypto Traders Search for Clues in Solana’s Triangle Pattern

SOL’s months-long triangular price consolidation could bring good news for the bulls.Source

Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges

In March, a U.K. judge ruled that Wright was not, as he had claimed, the creator of bitcoin.Source

Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi

Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs’ net inflows, and may disappoint due to a number of other factors such as the lack of staking, the report said.Source

Bitcoin Dips Below $63K As Mt. Gox Moves $2.8B BTC to Internal Wallets

One observer said the movement of coins was likely a part of the exchange’s creditor reimbursement plan.Source

Ether Hedging Activity Picks Up as U.S. ETF Debut Nears

Investors’ focus on ether is evident from ETH’s sustained volatility premium over BTC.Source

CarnationFM: A Decentralized Radio Playing Songs With Encrypted Hidden Messages

A music-focused radio FM which allows songs to act as a transport vessel for hidden messages has emerged from EthBerlin 2024 as the award winner for the Best Social Impact.Source

SEC Tells ETH ETF Issuers Fund Can Start Trading Next Tuesday: Sources

Prospective issuers of a spot ethereum {{ETH}} exchange-traded fund (ETF) were told by the Securities and Exchanges Commission (SEC) on Monday that the funds can begin trading next Tuesday, a source told CoinDesk.Source

Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether

Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws.Source

Pro-Crypto Ohio Senator J.D. Vance Is Donald Trump’s Vice President Pick

Former President Donald Trump and presumptive Republican nominee for the position announced he chose Ohio Senator J.D. Vance to be his running mate on Monday.Source