First Mover Americas: Bitcoin and Ether Options Activity Hits $20B

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Hi’s Mastercard Debit Card Adds Option to Spend Sandbox’s Token SAND

Cardholders of the hi Debit Mastercard, a partnership between crypto payments application hi and Mastercard, can now spend Metaverse platform Sandbox’s SAND token as a currency in eligible markets.Source

Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData

Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund.Source

Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute

A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn’t in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled.Source

Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs

The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said.Source

Standard Chartered-Backed Zodia Markets Gains Registration in Ireland

Ireland is emerging as an attractive destination for crypto firms; Coinbase designated the country as its EU hub earlier this month.Source

Sam Bankman-Fried’s Terrible, Horrible, No Good, Very Bad Day

Sam Bankman-Fried began his testimony like the brilliant former golden boy from crypto’s better days. He ended the longest, strangest, most torturous day yet of his criminal trial more imperiled than ever before.Source

South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research

Koreans trade differently to the rest of the world, market data shows.Source

Floki Pounces on Trillion Dollar RWA Narrative With New TokenFi Platform

“The tokenization industry is projected to be a $16 trillion industry by the year 2030,” Floki lead developer ‘B’ told CoinDesk in a Telegram messageSource

Bitcoin Surges to All-Time Highs in Turkey and Nigeria

Massive inflation and sliding purchasing power of national fiat currencies has likely boosted demand for bitcoin.Source