The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BTC is on track to see the highest average weekly trading volume since early January, when U.S. spot Bitcoin ETFs began trading.
The $99 smartphone aims to "unlock the digital economy for users in Africa, Southeast Asia, and Latin America" with an array of Web3 features.
Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.
Crypto investigator Coffeezilla argued that saying one thing and trading against it is still a pump-and-dump and unethical.
Genesis will also be selling shares in Grayscale Ethereum Trust (ETHE, and Grayscale Ethereum Classic Trust (ETCG).
The popularity of the exchange propelled Mad Lads to the third most-traded NFTs of the day.
“Crypto is compliance on steroids,” said one Coinbase executive, crediting blockchains for their critical transparency.
USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.
As part of a long-term partnership, Rug Radio and PJPP will be hosting R HAUS, a collaborative space for creators in Paris.
The Federal Trade Commission’s updated rule empowers the agency to initiate federal court cases directly to compel scammers to return funds acquired through impersonating government or business entities.
The partnership will combine Mocaverse’s Moca ID, KuCoin’s user accounts and Halo’s Genesis membership pass to “redefine on-chain identity and facilitate growth” in the Web3 space.
Uniswap Foundation shared a tentative date for the deployment of v4 of the decentralized exchange following the upcoming Ethereum Dencun upgrade.
The crowdfunding for the Tornado Cash legal battle was canceled by GoFundMe, citing a breach of terms of service. All contributions made to the fundraiser were returned to the respective donors.
Bitcoin has rallied 35% in three weeks, with mining reward halving due in April.
The firm's Gold & Silver fund made a $2.58 million investment in an XRP ETP, which was later cancelled.
Most older mining rigs will struggle to break even after Bitcoin block rewards halve in April, prompting miners to take them offline, according to research from Galaxy Digital.
OpenAI’s latest AI video generation tool, Sora, has left social media users in awe over its realism, though it's not yet ready for a full public release.
MicroStrategy’s market cap would need to rise another $3.7 billion and meet other eligibility criteria in order to have a chance of making it on the popular index, however.
The banking associations argued that U.S. banks were “notably absent” as asset custodians for Bitcoin ETFs, despite them playing that role for other ETPs.
New research from Coin Metrics found that 51% and 34% attacks on Bitcoin and Ethereum are no longer possible from nation-state attackers if their goal was to destroy the blockchains.
The rapid growth of crypto could threaten dollar dominance, but that’s unlikely due to the popularity of U.S. dollar stablecoins, says the Fed’s Christopher Waller.
GameStop (GME) on Solana continues its rollercoaster ride, shedding enormous value before rebounding Thursday.
Hong Kong crypto stocks surge even as local markets tank, OKX to invest in L1s, Philippines central bank hates retail CBDCs. Asia Express
Coinbase stock has since shot up on an impressive Q4 earnings report.
VanEck’s HODL spot ETF will be lowering its sponsor fee from 0.25% to 0.20% starting on February 21, according to a recent filing with the SEC.
Coinbase’s net income of $273 million marks the firm’s first profitable quarter since Q4 2021.
Online gamblers are set to cash in as Shuffle announces three upcoming SHFL token airdrops along with updated Ethereum tokenomics.
Representative French Hill challenged aspects of a bill amending the Bank Secrecy Act, implying requirements be impossible to apply to crypto miners and validators.