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Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
25.5.2023
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday
US Regulator Charges Five in a “Fraudulent Digital Assets Trading Scheme” After They Targeted Spanish-Speaking Communities
25.5.2023
A US regulator charges five people on Wednesday for allegedly “fraudulently soliciting” money from more than 170 people for a company called Icomtech to trade bitcoin and other assets for them.
The Commodity Futures Trading Commission filed a complaint in the US District Court for the Central...
First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties
25.5.2023
ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes
24.5.2023
The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data
FOMC Minutes Signal Central Bank Divided on Need for More Tightening – Here is How Crypto Reacted
24.5.2023
The minutes from this month’s FOMC meeting of US Federal Reserve policymakers were just released, revealing the bank to be divided on the need for further interest rate hikes.
Cryptocurrency, forex, US equity and US bond markets didn’t see much of a reaction to the minutes, the tone of which were...
First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report
24.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ether Slip as UK Core CPI Reaches Highest Since 1992
24.5.2023
The annualized 3-month trend in UK core CPI is running at a whopping 13.6%, per the UK Office of National Statistics
ETH can be a security and a commodity: Former CFTC commissioner
24.5.2023
Ether can simultaneously be a security and commodity under the regulatory scope of the SEC and CFTC, former CFTC commissioner Dan Berkovitz claimed
First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All
24.5.2023
ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes?
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
23.5.2023
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1
8 ways crypto exchanges can help address liquidity concerns
23.5.2023
Crypto exchanges must take the initiative in addressing regulators’ and investors’ concerns about liquidity
First Mover Americas: Interest in Staking Ether Ramps Up
23.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade
23.5.2023
Staking refers to locking coins in the blockchain network in return for rewards
First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments
23.5.2023
ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge
Crypto Exchanges Experience $1.77B Bitcoin and Ethereum Outflow in 30 Days
22.5.2023
Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of bitcoin has been withdrawn from exchanges, with...
First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?
22.5.2023
ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
19.5.2023
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem
Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High
18.5.2023
Litecoin has chalked out a double-digit price rally to hit the highest since April 19
Grayscale and Bitwise distance themselves from Ether futures ETF plans
18.5.2023
Grayscale has removed ETH futures ETF plans after a warning from the SEC, while Bitwise amended its SEC filing to halt any near launch of Ether ETF products