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First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to Coinbase

The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma

Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week’s Slide

The ether-bitcoin ratio rose more than 2% past week in a gain that’s inconsistent with its record of taking losses during bouts of risk aversion.

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Author: Omkar Godbole

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

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Author: Will Canny

Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase

Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.

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Author: Lyllah Ledesma

Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns

Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.

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Author: Jamie Crawley

Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend

Crypto markets saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.

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Author: Shaurya Malwa

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April

Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

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Author: Omkar Godbole

Friend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join In

The application has zoomed to becoming the second-largest revenue maker among crypto protocols in just over two weeks.

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Author: Shaurya Malwa

Scheduled Unlocks For LDO, AVAX, YGG Tokens Promise Busy Week Ahead

Research by The Tie show coins tend to drop in the days leading up to the unlock.

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Author: Sam Reynolds

FTX’s Debtors Revise Settlement Proposal After Objection From U.S. Trustee

Bankrupt crypto exchange FTX’s debtors have revised their motion for settlement after the U.S. Trustee objected to an earlier motion.

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Author: Amitoj Singh


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