Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.Source
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.Source
A federal judge “erred” in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.Source
The project will now be know simply as “World” and plans to release “Orb 2.0,” the executives said during a presentation.Source
A digital art collection of Elvis Presley, “Elvis Side $Btc,” has been minted by OrdinalsBot and IP project Royalty.Source
Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called “spot” ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital asset world and broke ETF records.Source
The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.Source
Uniswap also joined Hedera as an underperformer, falling 3.9%.Source
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source