Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%
Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.Source
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot.Source
Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
Cryptocurrencies continued their weak trading as recession fears weighed on risk assets ahead of Friday’s key jobs data report.Source
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI
Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks ThursdaySource
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
The FCA approved only four of the 35 applications it received in the year ended March 31.Source
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate.Source
Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
The company received takeover interest from a potential investor while conducting a Series B funding round.Source
French President Macron Names Michel Barnier as Prime Minister
The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K.Source
CoinDesk 20 Performance Update: Heavy Losses in APT and MATIC Lead the Index Lower
Aptos fell 5.1% while Polygon dropped 4.1% as the Coindesk 20 trends downward.Source