Bitcoin pared some of its losses, returning to $70,000 during the European morning after falling as low as $68,800. Still, BTC remained about 3% lower in the last 24 hours. Altcoins suffered greater losses, with the CoinDesk 20 Index’s measurement of the broader crypto market down over 3.5%. Explanations for the slide range from profit-taking following the rally earlier in the week to a dip in Donald Trump’s election victory odds on Polymarket. Traders have also been looking at tech earnings, tensions between Iran and Israel and a sharp rise in U.K. gilt yields following the roll-out of the government budget earlier this week, Quinn Thompson, founder of crypto hedge fund Lekker Capital, told CoinDesk.
River, Protocol for Securing Communications, Acquires Llama, Protocol for Decentralized Governance
Privado ID (formerly Polygon ID), a privacy-focused digital identity platform, announced the launch of a "multi-chain, device-agnostic identity attestation protocol...