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Markets
Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day
Historically, LTC has tended to peak ahead of its halving event, at which miner rewards are slashed by 50%.

Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion
Correlations between movements in the crypto and stocks have turned negative of late.

Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
They now see a 65% chance a U.S. spot bitcoin ETF will launch this year, up from 50% previously.

First Mover Americas: Race for Ether ETFs Kicks Off With 6 Asset Managers Filing
The latest price moves in crypto markets in context for August 2, 2023.

Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing
Any macro catalysts for bitcoin may have to wait until after Labor Day.

Ether Options Market Shows Bias for Price Weakness Over Next 6 Months
Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.

First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July
The latest price moves in crypto markets in context for August 1, 2023.

Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing
Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem.

Ribbon Finance Settles First On-Chain Ether 'Autocallable' With Marex and MEV Capital
The onchain execution of structured products promises transparency to investors and eliminates counterparty risks.

First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk
The latest price moves in crypto markets in context for July 31, 2023.
