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First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance

First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance

The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Turbos Finance Introduces Smart Routing for Stablecoins on Sui

The new feature aims to reduce friction for users coming from other ecosystems to Sui and improve liquidity.

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Binance adds Bitcoin NFTs to its marketplace one day after SEC lawsuit

Binance’s NFT marketplace has added support for NFTs that exist on the Bitcoin blockchain using the Ordinals system.

The post Binance adds Bitcoin NFTs to its marketplace one day after SEC lawsuit appeared first on The Block.

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China’s CCTV airs Binance lawsuit in rare crypto coverage

China’s state broadcaster, CCTV, aired the news of the U.S. SEC suing Binance in rare crypto coverage this morning.

The post China’s CCTV airs Binance lawsuit in rare crypto coverage appeared first on The Block.

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Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs

The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said.

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Major crypto players appear to buy dip following SEC lawsuit against Binance

News that the U.S. SEC sued Binance rocked the crypto industry yesterday — but some prominent players might be buying the dip.

The post Major crypto players appear to buy dip following SEC lawsuit against Binance appeared first on The Block.

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OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian

OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers.

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Zodia Custody to Offer Staking to Institutional Clients Through Blockdaemon

The firm said it is the first bank-owned custodian to offer staking services to institutional clients.

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Crypto volatility remains low in wake of SEC lawsuit against Binance

The Block’s data dashboard shows that the so-called BTC DVol Index barely budged on the news that the SEC is suing Binance.

The post Crypto volatility remains low in wake of SEC lawsuit against Binance appeared first on The Block.

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Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline

The unprecedented withdrawals only reflect a small amount of Binance’s reserves, according to data from CryptoQuant.

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