Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust

The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.Source

First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant

Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.Source

Former FTX Executive Ryan Salame Claims Government Backtracked on Plea Deal: Filing

Salame’s counsel argued in a filing that the government resumed investigating his domestic partner, ADAM CEO Michelle Bond, despite despite assurances that the investigation would cease if he cooperated.Source

Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues

Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.Source

Bitcoin’s Uptrend Threatened by Looming ‘Stochastics’ Signal: Fairlead Strategies

The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.Source

Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it’s not shut yet.Source

Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies, Study Finds

Nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies, according to a Wednesday report from corporate influence watchdog Public Citizen.Source

TradFi Underestimates Bitcoin’s Enormous Scale, Franklin Templeton CEO Says

Bitcoin processed $36.6 trillion in transactions last year, far more than payment network giants Mastercard and Visa combined.Source

Kamala Harris Signals Interest in Friendlier Stance on Crypto: Bloomberg

The cryptocurrency industry has made no secret of its displeasure with the Biden administration’s approach towards regulating digital assets.Source