First Mover Americas: BTC Down 40% in June, SEC Rejects Grayscale’s BTC ETF Application
Good morning, and welcome to First Mover. I’m Lyllah Ledesma, here to take you through the latest in crypto...
Facts or Feelings? Bitcoin Allocation Makes Sense Even in Nasty Bear Markets
Whenever bitcoin moves into a bear market, the victory laps commence. My personal favorites are those who have been...
JPMorgan Says Crypto Market Deleveraging Cycle Won’t Be Lengthy
The collapse of crypto hedge fund Three Arrows Capital (3AC) indicates that the ramifications of this year's cryptocurrency market...
Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Conventional banks should have a cap on their holdings of unbacked crypto assets to safeguard financial stability, the Basel...
Hurry Up With Crypto ID Checks, FATF Tells Countries
Authorities need to fast-track checks on crypto users’ identity, global standard setter the Financial Action Task Force (FATF) said...
Messari Research: DCG’s Barry Silbert Wins from SEC ETF stalemate, but Investors Lose.
As the Grayscale Bitcoin Trust (GBTC) discount — the value of the shares versus the underlying asset — continues...
Grayscale Sues SEC Over Bitcoin ETF Application Rejection
Grayscale Investments has sued the U.S. Securities and Exchange Commission (SEC) barely an hour after the regulatory agency rejected...
SEC Rejects Grayscale’s Spot Bitcoin ETF Application
Grayscale Investments’ application to convert its $13.5 billion Grayscale Bitcoin Trust (GBTC) into a spot-based bitcoin ETF was denied...
Meet ‘Frequency,’ Polkadot’s New Decentralized Social Media Parachain
The Polkadot ecosystem will soon have a parachain dedicated to decentralized social media named “Frequency,” the team behind the...
Influencers Are Responsible for 92% of Crypto Ad Violations In India, Report Says
Influencers, rather than celebrities, were behind more than 92% of crypto-related advertisement violations in India between Jan. 2022 and...
Polkadot Chief Gavin Wood Announces Blockchain Governance Upgrade
Polkadot has upgraded its decision-making process to be more inclusive and decentralized, while dramatically increasing the number of proposals...
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Margin calls are coming for cryptocurrency miners as the bear market continues to claim victims. The private and publicly...
First Mover Asia: Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K
Good morning. Here’s what’s happening: Prices: Bitcoin slogs toward $20K; ether and other cryptos slide. Insights: The performance of...
Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says
Central bank digital currencies (CBDC) won’t be a “silver bullet” that solves all issues with cross-border payments, according to...
Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm
Bitcoin miner Marathon Digital (MARA) said its miners in Hardin, Montana are currently without power due to a storm...
Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether
Canada-based investment firm Cypherpunk Holdings (HODL) has dumped all of its bitcoin and ether holdings to ride out the...