First Mover Americas: Bitcoin Little Changed After Liquidation Rout
The latest price moves in crypto markets in context for June 10, 2024.
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Financial
Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind
Crypto lending firm Ledn survived the crypto winter by being “boring, slow and safe,” according to a co-founder.
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Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.
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Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
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Payrolls-Led Bitcoin, Ether Price Swoon Is ‘Buy the Dip’ Opportunity, Crypto Trading Firm Says
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.
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Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout
The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.
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Iggy Azalea Says MOTHER Tokens Can Soon Be Used to Buy Phones
Monthly plans on the purported mobile service provider cost from $20 to $80 as of Monday.
Financial
New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case
NYAG has accused Gemini, Genesis, and DCG of conspiring to cover a $1 billion hole in Genesis’ balance sheet caused by the implosion of Three Arrows Capital.
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COPA Seeks Payment of 85% Of Costs in Craig Wright Case
The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.
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Big Friday Crypto Selloff Pulls Bitcoin Below $70K
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.