Author: American Coins & Gold

Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says
Digital assets are expected to stay highly correlated with equities amidst the upcoming macro calendar, the report said.

Sonic SVM, Gaming Project on Solana Blockchain, Plans .8M Node Sale
The project is taking advantage of an increasingly popular fundraising method known as “node sales” just months after a traditional $12 million fundraise.

U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut

First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says
Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year’s peak of $2.67 trillion in March, the report said.

Bitcoin's 200-Day Average About to Lose Bullish Momentum; NFP Eyed
The average, widely considered a barometer of the long-term trend, has hit stall speed for the first time since October.

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.

Telegram Revamps Rules to Allow Moderation of Private Chats Following CEO Pavel Durov's Arrest

A Crypto Project's Weird Marketing 'Hack' Riffed on Infamous 1987 Chicago TV Hijacking

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.