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First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma, Omkar Godbole

EU lawmakers want metaverse strategy that supports the bloc’s businesses

European Union lawmakers want the bloc to take a leading role in developing virtual worlds that are in line with core EU values.

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Author: Brian McGleenon

Crypto derivatives protocol MYX raises $5 million in seed round led by HongShan

MYX, founded only earlier this year, has also drawn backing from Consensys, Hack VC, OKX Ventures and Redpoint Ventures.

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Author: Timmy Shen

CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal

The rare signal indicates TradFi has a long exposure but not via spot, one observer said.

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Author: Omkar Godbole

Upbit’s parent firm Dunamu reports 81% net profit shrink for Q3 Y-o-Y

The firm behind South Korea’s largest crypto exchange booked $22.7 million in net profit in the third quarter of this year.

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Author: Timmy Shen

Animoca Brands Invests in TON Network, Becomes Largest Validator

The gaming and metaverse-focused firm declined to provide details of the investment.

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Author: Jamie Crawley

ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High

The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock.

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Author: Sheldon Reback

Failure of Multi-Function Crypto Firms a Limited Threat to ‘Real Economy’: FSB

A new report by the Financial Stability Board said further assessments of possible implications are required because “significant information gaps remain.”

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Author: Amitoj Singh

Cathie Wood’s Ark Invest sells $5.3 million Coinbase shares, buys $1.2 million Robinhood

Ark Invest sold $5.3 million worth of Coinbase shares on Monday as COIN reached its highest level in 18 months.

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Author: James Hunt

EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy

The European Parliament’s Committee on Internal Market and Consumer Protection calls for the bloc to shape virtual worlds according to EU values.

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Author: Sandali Handagama


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