Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck’s Matthew Sigel said in an interview.Source
Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.Source
Billions of dollars worth of ether have been withdrawn from restaking protocols over the past month as the once-trendy sector starts to be hit by the fickle nature of crypto investors.Source
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.Source
The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.Source
The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6% drop in ETH.Source
The miner holds over 20,000 bitcoin and plans to buy more in the open market.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.Source