Complaints flooded X (formerly Twitter) about the scantiness of the new SEI token allocations to early adopters, as many recipients apparently moved to dump their holdings on the market.Source
Companies such as PayPal are already halting their crypto payments services in the country as a result of tighter regulations.Source
Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.Source
Options allow investors to hedge bullish/bearish risks and generate additional income on top of their spot market holdings.Source
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter.Source
The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations.Source
A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.Source
One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.Source