Institutional DeFi Needs a BUIDL Moment
The lack of institutional adoption in DeFi is mostly due to capability limitations, not just regulatory uncertainty, says Jesus Rodriguez, CEO, IntoTheBlock.
The lack of institutional adoption in DeFi is mostly due to capability limitations, not just regulatory uncertainty, says Jesus Rodriguez, CEO, IntoTheBlock.
Traders are now looking to the US jobs report later in the week, as ISM manufacturing data missed expectations.
Students should be among the earliest adopters of Web3, but they’re currently not using the technology, says Benjamin Sturisky, research analyst at Delphi Digital and president of Gator Blockchain.
The US Dollar pulled back a bit against the Japanese yen, as we continue to bounce around and look for a certain amount of stability in what could be another iteration of the carry trade – assuming the Federal Reserve doesn’t go nuclear with the rate cuts.
The Aussie dollar pulled back a bit in the early hours of Tuesday, as we have gotten a bit too far stretched right away. The market is going to continue to look to the idea of Federal Reserve rate cuts, and what happens next.
Stocks like NVIDIA (NVDA), Interactive Brokers (IBKR) and Robinhood Markets (HOOD) will benefit once the crypto rally resumes.
The loudest critics of BitGo’s deal with Justin Sun-affiliated BiT Global also want to see their ‘number go up.’
September 3, 2024 - A cryptocurrency wallet linked to the hacker behind the $235 million theft from Indian exchange WazirX has moved a significant portion of the stolen funds.
Cryptocurrencies Up Tuesday as ETFs See Outflows, Wall Street Awaits Labor Market Data
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.