Coindesk

MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets

The U.S. Department of Justice said it secured a guilty plea from the operator of crypto "market maker" MyTrade, which was one target in a wide-ranging sting that brought manipulation charges to multiple firms and individuals earlier this month.Source link

Coinbase Shares Slump After Big Q3 Earnings Miss on ‘Softer’ Market Condition

Coinbase Shares Slump After Big Q3 Earnings Miss on 'Softer' Market ConditionSource link

The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

In this week's issue of The Protocol, our newsletter on blockchain tech, we're covering the Optimism's $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket's (negligible) impact on Polygon's bottom line.Source link

Institutional Investors Position for Bitcoin Volatility Into the U.S. Election

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.Source link

Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively

The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.Source link