The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 1, 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
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
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Author: Stephen Alpher
Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said.
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Author: Will Canny
The market cap of BiLira’s TRYB token has increased more than 300% to $136.10 million, the second-highest among non-U.S. dollar-pegged stablecoins.
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Author: Omkar Godbole
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
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Author: Jack Schickler
Less than half of the fund’s investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets.
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Author: Jamie Crawley
Only tron (TRX) and toncoin (TON) were in the green on Friday, up over 1% each on no immediate catalysts.
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Author: Shaurya Malwa
Network activity has started to chug along since an earlier glitch was solved last weekend.
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Author: Shaurya Malwa
OKX, one of the biggest crypto exchanges by trading volume, is planning to enter India to explore potential Web3 applications.
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Author: Amitoj Singh
Going by technology theorist Carlota Perez’s research, “RWAs” may be the next phase of substantive crypto development.
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Author: Justin Banon
