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Tether to Discontinue Support for Bitcoin Layer Omni Due to Lack of Demand

Tether said that it will stop support for Omni, a Bitcoin layer used for USDT transfers since 2014. The stablecoin issuer will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement. "The Hash" panel discusses the discontinuation of legacy products as cycles rotate in the crypto industry.

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SHIB Plunges as Users Report Bridge Issues After Shibarium Launch

Shiba inu (SHIB) tokens are falling in the past 24 hours, as users report bridging issues after the much-hyped Shibarium network went live late on Wednesday. "The Hash" panel discusses the network's plan to position Shiba Inu as a serious blockchain project, away from the meme coin status it has enjoyed since its August 2020 issuance.

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Valkyrie Files Ethereum-Focused ETF Application With SEC

Valkyrie Digital Assets has filed an application for an ethereum-focused ETF with the U.S. Securities and Exchange Commission (SEC). CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the differences between bitcoin and ethereum-focused ETF applications.

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Bitcoin Price Slides Below $29K, Touches Lowest Level Since June 21

Bitcoin (BTC) is trading around $28,400, after touching the lowest level seen by investors since June 21. The Tie director of content Lawrence Lewitinn breaks down the recent lack of movement in the crypto markets. Plus, insights on the overall performances across different sectors of the crypto industry.

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Bit Digital CEO on Q2 Earnings, Headwinds in the Mining Industry

Mining company Bit Digital reported its latest quarterly earnings results this week. The company earned 318.4 bitcoins during the second quarter of 2023. Bit Digital CEO Sam Tabar joins "First Mover" to discuss why bitcoin's (BTC) price is a major headwind for the mining industry. Plus, insights on their nearly carbon-free operations and the miner's fairly recent expansion into Iceland.

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Shiba Inu Metaverse Advisor: We'll Pursue 'Every Brand There Is on Earth' for Partnerships

Shiba Inu tokens have slumped in the past 24 hours, as users report bridging issues after the much-hyped Shibarium network went live late on Wednesday. SHIB metaverse advisor Marcie Jastrow joins "First Mover" to discuss the Shibarium blockchain going live and why Shibarium is focusing on the metaverse and gaming applications. Plus, Jastrow's outlook on potential partnerships and telling the story of SHIB.

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Former President Donald Trump Holds $2.8M in a Crypto Wallet, Documents Show

Donald Trump owns much more in cryptocurrency than was first publicly known, fresh disclosures show. Official documents received by Citizens for Responsibility and Ethics in Washington show the former president held $2.8 million in a cryptocurrency wallet as of early August. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss Trump's crypto holdings and what he has previously said about bitcoin.

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Bit Digital CEO: 'Biggest Headwind' Is the Price of Bitcoin

Following the release of Bit Digital's second quarter earnings, CEO Sam Tabar provides insights into expectations for the third quarter. While highlighting the bitcoin mining company's strides in diversification and environmental initiatives, Tabar points out potential market uncertainties, saying "The biggest headwind would obviously be the price of bitcoin. That's a macro factor that we can't control."

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Crypto Wallet Maker Ledger Partners With PayPal; Coinbase Gets Approval for Crypto Futures in U.S.

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Coinbase says it can list crypto futures in the U.S. Hardware wallet maker Ledger partners with payments giant PayPal to allow users to buy crypto with fiat currency through their PayPal accounts. And, BitGo is bucking the chill of crypto winter, with a $100 million raise.

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Coinbase Shares Erase Earlier Gains After Exchange Secures Approval to List Crypto Futures in U.S.

Shares of Coinbase are paring earlier gains, after starting the day roughly 4% higher. This comes after the crypto exchange's announcement that it can now list crypto futures in the U.S., nearly two years after applying for approval. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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