Did RFK Jr. Really ‘Drop Out’? Polymarket Bettors Argue Over Contract Resolution

Prediction market traders place bets on Telegram CEO’s release from jail and spread of mpox.Source

The Fed’s Rate Cut Cushion Is Good News for Crypto

A key metric by which officials set rates shows the potential to cut rates by 175 basis points over the next nine months. If so, that’s likely to drive the prices of bitcoin and ethereum higher, says Scott Garliss.Source

CoinDesk 20 Performance Update: RNDR and SOL Lead Gains as Index Rises

RNDR jumps 10.7% and SOL climbs 6.7%, leading the CoinDesk 20 Index to a modest gain.Source

First Mover Americas: Bitcoin Consolidates at $64K Before Next Push Higher

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

India’s CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor

India’s central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC.Source

Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole

Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday.Source

AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K

Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.Source

Hong Kong Regulator Finds ‘Unsatisfactory Practices’ at Some Crypto Entities Seeking Full License: Report

Hong Kong’s Securities and Futures Commission (SFC) has found “unsatisfactory practices” at “some” of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation.Source

Telegram Says It Is Compliant With EU Digital Services Act After Founder Pavel Durov’s Arrest

The company says its CEO has nothing to hide as Toncoin’s losses subside.Source