Search
First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking
9.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 9 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
CryptoQuant: Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
9.2.2023
Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain
Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
9.2.2023
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF
Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers
9.2.2023
Coinbase CEO Brian Amstrong said Wednesday night he heard rumors about a possible ban on staking providers in the U.S
Lido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban
9.2.2023
The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’
9.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is getting the same volatility he did when he owned 32 crypto tokens prior to the collapse...
First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear
9.2.2023
ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
9.2.2023
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,”...
Cross-Chain Protocol Stargate Finance’s Token Surges by Double Digits on Trader Joe Partnership
8.2.2023
The price jumped after an annoucement that Stargate would partner with Trader Joe announcement to unlock omnichain fungible tokens. The Stargate DAO also passed a token re-issuance proposal following security concerns tied to Alameda Research's wallets
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
8.2.2023
The proposed Spark Protocol will leverage Maker’s DAI stablecoin and its crypto assets for liquidity, and would be based on the Aave v3 smart contract system
Bitcoin, Markets and the Symmetry of Information
8.2.2023
In almost all markets, the seller knows more than the buyer. With Bitcoin, that’s not the case. What does that mean for markets, regulation and even economics? Noelle Acheson digs in
Crypto Derivative Volumes Saw Speedy Growth as Prices Rose in January
8.2.2023
The numbers suggest speculation, not accumulation, was behind sizable gains for bitcoin and ether, according to a report
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes
8.2.2023
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could continue to hike rates, should the data show the need for action. Bitcoin was also boosted...
First Mover Americas: The Sandbox Is Up on Saudi Arabia Partnership News
8.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 8 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Here’s Why Artificial Intelligence Focused Cryptocurrencies Are Vastly Outperforming Bitcoin
8.2.2023
Tokens of blockchain protocols claiming to utilize AI technology have been on a tear in the past months. Some are sold on the hype, while some remain wary
South Korean officials traveled to Serbia to find Do Kwon
8.2.2023
The South Korean prosecutor's office reportedly admitted that the reports one of its team visited Serbia “aren’t false.”
First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors
8.2.2023
ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed. Bitcoin and ether rise
Blockchain-Based Render Network Token Rising After Community Vote for New Burn-and-Mint Model
8.2.2023
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network
Investment Manager Predicts Gold Could Hit $3,000 This Year
8.2.2023
Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be surprised to see a $3,000 price this year,” said an executive of the firm. “It’s time for people to want to be bullish on gold.” Gold...
Former Coinbase product manager pleads guilty in insider trading case
7.2.2023
United States prosecutors have labeled this as the first insider trading case in cryptocurrency