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First Mover Americas: Optimism’s OP and Solana Rally

First Mover Americas: Optimism’s OP and Solana Rally

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

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Hong Kong says it’s ready to accept spot crypto ETF applications

The Securities and Futures Commission published two circulars today addressing the requirements for spot crypto ETFs.

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Solana Saga phone orders canceled following ‘inventory management’ issue

The Solana Saga device saw huge demand last week amid a surge in the price of bonk, with 30 million tokens included with the phone.

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Gaming firm Wemade launches $100 million Web3 fund with Singapore-based Whampoa

The pair is set to support developers at the Wemix Play Center in Dubai while potentially co-investing in promising projects.

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Elon Musk says he spends hardly any time at all thinking about cryptocurrency

In an X space talk with Cathie Wood, Musk said he ‘hardly’ thinks about crypto these days but more about the nature of money.

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Ark Invest sells more Coinbase shares as December offloads top $200 million

Ark has sold over $200 million worth of Coinbase shares this month, rebalancing its fund weightings amid a surge in COIN’s price.

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Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally

Value locked on the blockchain’s applications has more than doubled since November.

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2023: A Critical Juncture for the Global Stablecoin Market

Moody’s Senior Director Yiannis Giokas said adoption accelerated this year, despite many destabilizing trends.

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Argentina’s new government gives early nod to bitcoin, says crypto can be used in contracts

South America’s second-largest economy said people can use bitcoin when agreeing on contracts, according to new minister.

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