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First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?

The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Omkar Godbole

Worldcoin token drops 5% amid Elon Musk’s lawsuit against OpenAI

The price of Worldcoin’s WLD token dropped approximately 5% amid news that Elon Musk has sued OpenAI and Sam Altman.

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Author: Adam James

Bitcoin’s next halving event may now be just 50 days away

Estimates would see Bitcoin’s fourth halving arrive on April 21, with the block reward dropping from 6.25 BTC to 3.125 BTC.

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Author: James Hunt

BlackRock’s IBIT spot bitcoin ETF crosses $10 billion in AUM

BlackRock’s IBIT saw its second-largest daily inflows of $603.9 million — canceled out by $598.9 million in outflows from Grayscale’s GBTC.

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Author: James Hunt

BIS issues regulatory recommendations for global stablecoin arrangements

The Bank for International Settlements has issued recommendations for the regulation, supervision and oversight of global stablecoin arrangements.

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Author: Brian McGleenon

Decentralized lending TVL surges to over $30 billion for the first since mid-2022

Decentralized lending protocols’ total value locked has exceeded $30 billion for the first time since mid-2022.

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Author: Vishal Chawla

Worldcoin’s WLD Slides as Elon Musk Sues OpenAI

WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.

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Author: Shaurya Malwa

Crypto trading platforms set various records amid banner end to February

Fervor in the crypto markets is primarily being driven by demand for the newly launched bitcoin exchange-traded funds in the U.S.

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Author: Adam James

Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says

Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.

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Author: Omkar Godbole

Delta hardfork results in fee reduction on Optimism ecosystem chains

The Delta hardfork was deployed on various Optimism-based chains, including OP Mainnet, Base and Zora, targeting reduced Layer 1 fees.

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Author: Vishal Chawla


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