First Mover Americas: Crypto Market Volatility Heats Up

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First Mover Americas: Crypto Market Volatility Heats Up
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Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.

BTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana's SOL, Cardano's ADA and BNB Chain's BNB added as much as 8%, according to CoinGecko data. The, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,. The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S.

Cryptocurrency exchange Kraken unveiled a qualified custody service for institutional clients in crypto-friendly Wyoming through the firm’s long-standing state-chartered banking license in the region.. All deposits will be held in segregated accounts remote from the exchange itself and on a full-reserve basis.

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