Crypto for Advisors: Bitcoin on The Balance Sheet

Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing bitcoin, motivated by economic, geopolitical, and regulatory factors.Source

Binance’s Tigran Gambaryan Has Left Nigeria Following 8-Month Detention

After spending eight months detained in the country, the Binance enployee was allowed to leave Kuje prison last night.Source

Chainlink Expands to Bitcoin, Helping Original Blockchain With Its Layer-2 Shift

Chainlink’s service is an integral part of many major blockchains but has not featured on Bitcoin until now.Source

Why Web3 VCs Are Embracing Crypto+AI

Coinbase Ventures is shifting focus away from pure-play crypto investments.Source

Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi

“If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi,” BOB co-founder Alexei Zamyatin, told CoinDesk.Source

Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase’s Base on ‘Superchain’

The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.Source

CoinDesk 20 Performance Update: UNI Gains 6.3% as Nearly All Index Constituents Trade Higher

Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.Source

First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.Source

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests

In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.Source