Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.Source

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot

The cross-chain service is popularly used to transfer funds between Ethereum, Base and Solana blockchains.Source

AgriDex Settles First Agricultural Trade on Solana Blockchain

AgriDex, a Solana-based marketplace aiming to bring the global agricultural market on-chain by tokenizing various crops has settled its first agricultural trade on the Solana blockchain, it told CoinDesk on Wednesday.Source

First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists

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

Ether’s BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis

The trendline connecting 2016 and 2017 lows has consistently offered support since January.Source

Ferrari to Extend Cryptocurrency Payments to Europe: Reuters

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Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility

Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.Source

Ether Rises Above $3.5K Ahead of ETH ETF Trading, But Inflow Concerns Remain

Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem.Source

First Mover Americas: Ether Little Changed After Spot ETF Approval

The latest price moves in bitcoin (BTC) and crypto markets in context for July 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees

One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.Source