Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. Source:CoinDesk
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibilliondollar CRO treasury and reportedly not integrate prediction markets…
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit monthtodate highs above $65,000 as riskassets gained on low US nonfarm payrolls data. Source:Cointelegraph
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. Source:CoinDesk
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Source:Cointelegraph
Bitcoin hovers below $65,000 as Middle East tensions escalate further
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iranlinked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.…
Coldcard fallout shows up onchain as 210,000 bitcoin leaves old wallets
Roughly 200,000 bitcoin have moved from longterm holder wallets in the past week, suggesting a possible shift in custody rather than conventional selling…
Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets. Source:CoinDesk
Live updates: Bitcoin flat at $64,300 before US jobs report, with oil back as a headwind
Brent climbed on stalled Hormuz talks, reviving the inflation worry that has capped bitcoin all summer. Today's US payrolls print is the next catalyst.…
A case for a bitcoin surge to $76,000 may be building beneath the boring price action, but there's a caveat
Bitcoin's chart is quietly tracing out a bullish setup technical analysts watch closely. But it isn't confirmed, and one key level will decide if it plays out.…
MARA swings to Q2 loss as Bitcoin’s slump masks higher output
Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.…
Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.” Source:Cointelegraph