Category: Uncategorized

Grayscale Launches Artificial Intelligence-Focused Crypto Fund; AI Tokens Gain
The Grayscale Decentralized AI Fund includes the native tokens of AI-focused blockchain protocols such as Near (NEAR), Render (RNDR), Bittensor (TAO), Filecoin (FIL) and Livepeer (LPT).

CoinDesk 20 Performance Update: Mixed Results with XRP and ICP Leading
The index rose slightly in overnight trading with half the assets trading higher, including notable gains in XRP and ICP.

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Hong Kong’s financial regulators published the conclusions of consultation on fiat-referenced stablecoin regulation and said they are preparing a bill to introduce into the Legislative Council later this year.

First Mover Americas: Bitcoin Bulls Eye K After Return to K
The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Rotation Out of Mega-Cap U.S. Stocks Could Provide Tailwind for Cryptocurrencies, Marex Solutions Says
Wall Street investors are deserting mega-cap stocks and piling into small-caps amid cooling inflation and strengthening signs of a Fed interest-rate cut.

Crypto Exchanges Clamping Down on Prime Brokers Is Backwards Step for Market Efficiency, Traders Say

Market Maker Flowdesk Doubled Down on the U.S. as Things Looked Bleak. Now That Bet Is Paying Off
Flowdesk’s CEO made a contrarian bet on the U.S. as the Securities and Exchange Commission was waging war on crypto. Fast forward a year, and the country has bitcoin ETFs, ether ETFs are imminent and pro-crypto legislation is before the Senate.

XRP Surges 12% on the Back of Triangle Pattern, Rising Futures Bets Favor Bullish Price Moves Ahead
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.

Deribit's New Bitcoin, Ether Options Tied to U.S. Elections Get Thumbs Up From Crypto Traders

OKX Wallet Hits 100 Protocol Support as It Adds TON Compatibility
There is a growing TON-based economy, using Telegram as a hub, and activity tends to increase when new gamification features are added.