First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
The latest price moves in bitcoin (BTC) and crypto markets in context for July 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the…
Category: CoinDesk
Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges
The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish…
Ex-Valkyrie CEO Leah Wald to Take Reins of Crypto Investment Firm Cypherpunk
The co-founder and former Valkyrie CEO will the digital asset management firm to “push boundaries” of crypto investing.The co-founder and former Valkyrie CEO will the…
Decentralized Crypto Exchange WOOFi Uses Gaming Style NFTs to Boost DeFi
So-called “Boosters” enhance the yield from WOO tokens, which are staked to earn a share of the DEX’s fees.So-called “Boosters” enhance the yield from WOO…
Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana
Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on “modular” networks to handle Ethereum’s myriad components…
Bitcoin Cash’s Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity
Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity .Slippage, or price changes during execution…
Crypto Wallet Provider Exodus Aims to Solve Web3’s User-Friendly Issue With ‘Passkeys Wallet’
The new wallet is able to bypass need for seed phrases, browser extensions or email verifications to use decentralized apps.The new wallet is able to…
Drop in Bitcoin Mining Difficulty ‘Comparable to FTX Collapse,’ CryptoQuant Says
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.Miners’ profitability has been…
Bullish Drivers Remain In Play Despite Germany’s Bitcoin Sales and Mt. Gox Reimbursements
Macro factors and persistent “risk-on” in traditional markets suggest a promising outlook after BTC-specific supply overhangs run dry.Macro factors and persistent “risk-on” in traditional markets…