AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy

Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.Source

U.S. Election Betting: Regulated Presidential Markets Are Live, and Tiny Compared to Polymarket’s

With a month to go before Election Day, Kalshi and Interactive Brokers have listed prediction markets on the race for the White House.Source

The Case for Congressional Focus on Decentralized AI

It’s imperative lawmakers not overlook decentralized AI as they begin to regulate AI, says Cheng Wang, CFO of Overclock Labs, which operates the Akash Network, a decentralized cloud.Source

Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup

Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).Source

Coinbase to Delist Unauthorized Stablecoins in EU by December

Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.Source

CoinDesk 20 Performance Update: APT Jumps 6.9% as the Index Rallies

Render joined Aptos as a top performer, gaining 6.3%.Source

U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%

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First Mover Americas: Bitcoin Bounces From $60K

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source