Category: Coin Listings

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The Sui blockchain has launched a hub in Dubai which will act as an incubator for blockchain developers and entrepreneurs, one of its founding developers told CoinDesk in an interview.

Bitcoin’s 7-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April’s halving.

London-based L&G, which has $1.5 trillion in assets, is evaluating ways to join other big traditional players like BlackRock, Franklin Templeton and Abrdn that are offering blockchain-based money-market funds and the like.

Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.

“ApeCoin has introduced an automatic yield mode, allowing users to passively earn returns by staking their APE tokens,” one observer said, explaining the catalysts for the price rally.

A widely-tracked momentum indicator has flipped positive for the first time since April.

Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash trading funds and defrauding people.

The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.