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
Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.Source
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
The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.Source
In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.Source
Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when considering his sentence.Source
The firing of the firm’s co-founder and its CFO in July triggered a wave of departures.Source
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.Source
The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume.Source
The rally in the DXY stalled after the Beige Book report, paving the way for BTC recoverySource