CoinDesk 20 Performance Update: MATIC Plunges 6.9%, Leading Index’s Decline
Index stumbles 2.1% with Polygon leading declines, while Uniswap and Litecoin remain in green.Source
Nigerian Court Postpones Decision on Gambaryan Bail Application
The next bail hearing has been scheduled for Oct. 9.Source
Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.Source
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend.Source
Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team
The company made the move to adapt to “the different type of technology and support” that developers building on ZKsync now require.Source
CoinDesk 20 Performance Update: DOT and HBAR Outperform as Index Rises 0.9%
Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.Source
BitGo CEO Says Wrapped Bitcoin’s Critics Aren’t Being ‘Intellectually Honest’ About Their Concerns
The loudest critics of BitGo’s deal with Justin Sun-affiliated BiT Global also want to see their ‘number go up.’Source
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August.Source