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First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures

First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures

The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Solana DEX Zeta Markets raises $5 million in token round

Solana DEX Zeta Markets has raised $5 million in a token round ahead of its token launch, airdrop and Solana Layer 2 rollup.

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Bracebridge Capital emerges as top holder of ARKB and IBIT spot bitcoin ETFs

Bracebridge Capital also reported owning Grayscale’s GBTC, with its combined spot bitcoin ETF holdings valued at $434 million as of March 31.

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Tornado Cash Developer Alexey Pertsev Found Guilty of Money Laundering

Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto.

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GameStop Rally Sends Meme Coins Skywards; PEPE, FLOKI, MOG Surge

“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.

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Vitalik Buterin drafts EIP-7706, proposing new calldata gas type for Ethereum

Vitalik Buterin proposed EIP-7706, suggesting a new type of gas fees for calldata on Ethereum.

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CoinShares reports record quarterly results amid acquisition of Valkyrie’s ETF business

CoinShares reported a 216% year-over-year increase in Q1 revenue, gains and other income of £43.9 million ($55 million).

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Ether options traders eye calls above $3,600 for June expiry

The distribution of June-expiry ether options reveals that derivatives traders are focused on calls above $3,600.

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Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction

User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem.

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Led by FBTC, spot bitcoin ETFs see net inflows of nearly $66 million

Led by Fidelity’s FBTC, spot bitcoin exchange-traded funds in the United States saw nearly $66 million in spot inflows yesterday.

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