Binance’s Crypto Market Share Sinks to 4-Year Low
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com’s surged over 40%.Source
Bitcoin Not a Safe Haven From Geopolitical Risks, but Still Buy the Dip: Standard Chartered
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said.Source
CoinDesk 20 Performance Update: XRP Plunges 9.2% as Index Declines
APT shines amid overall index losses, climbing 10.8%.Source
RWA Platform Credbull Rolls Out Up to $500M Private Credit Fund with Fixed High Yield on Plume Network
Private credit, a booming market in traditional finance, is a fast-growing sector in the blockchain-based real-world asset sector as well with $9 billion of assets, data shows.Source
Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.Source
Grayscale Rolls Out Aave Fund
Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest.Source
CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.Source
First Mover Americas: Bitcoin Trades Flat While Other Major Cryptos Nurse Losses
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash
The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.4M) in premium.Source