Category: Uncategorized

Campaign-Finance Charges Are Back on the Menu
I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop the campaign finance charge itself due to treaty obligations with the Bahamas.

Ark 21Shares Bitcoin ETF Application Decision Pushed by SEC
The U.S. Securities and Exchange Commission (SEC) extended its review of the Ark 21Shares Bitcoin ETF application, as it continues to look at applications from traditional finance heavyweights like BlackRock and Fidelity.

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
A grayed-out “airdrop” icon at the top of the Friend.Tech app suggests the platform will release a token.

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

'Altcoin Season' is Coming, Technical Analysis Suggests
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment
The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

Matrixport's Bitcoin Greed and Fear Index Indicates Upswing Ahead
The index has a solid track record of shifts in the bitcoin market trend.