The latest price moves in bitcoin (BTC) and crypto markets in context for March 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cat-themed memecoins have performed well over the last week while AI tokens have risen strongly in the last 24 hours.
The newborn nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — now total more than 420,000 BTC.
Cathie Wood’s Ark Invest offloaded another 270,365 Coinbase shares from three of its funds on Monday — worth $68.7 million.
The regulator invited applicants with a “genuine interest in developing a stablecoin issuance business” to join the sandbox.
The HKMA today launched the sandbox following its recently concluded public consultation for a potential stablecoin licensing regime.
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.
Binance said it’s working with authorities to ‘bring Nadeem and Tigran back home safely to their families.’
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.
The country’s asset management firms are now allowed to offer funds with exposure to spot bitcoin ETFs for institutional investors.
