First Mover Americas: BTC Little Changed, on Course to End August Down 8%
The latest price moves in crypto markets in context for Aug. 30, 2024.
News
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
A group of investors in 2022 alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts.
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.
Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
U.S. House Committee Plans for Heap of Crypto Hearings in September
The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.
Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal
Salame agreed to a plea deal in order to get prosecutors to drop their investigation into Michelle Bond, his partner and the mother of his child.