Prosecutors Tell NY Court They Didn’t Renege on FTX Exec Ryan Salame’s Plea Deal

Federal prosecutors have fired back against Ryan Salame’s allegations that they reneged on agreements made in the former FTX executive’s plea deal – namely, that they would cease criminal investigations into Michelle Bond, Salame’s longtime partner and the mother of his child.Source

Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility

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CoinDesk 20 Performance Update: SOL Jumps 3.0% as Index Rallies

Render joined Solana as top performer, helping boost the index by 1%.Source

Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says

Digital assets are expected to stay highly correlated with equities amidst the upcoming macro calendar, the report said.Source

Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale

The project is taking advantage of an increasingly popular fundraising method known as “node sales” just months after a traditional $12 million fundraise.Source

First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says

Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year’s peak of $2.67 trillion in March, the report said.Source

Bitcoin’s 200-Day Average About to Lose Bullish Momentum; NFP Eyed

The average, widely considered a barometer of the long-term trend, has hit stall speed for the first time since October.Source

Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%

Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.Source