First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Activist DAO Investor Pivots to Building a Company

Diogenes Casares’ new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange.Source

Thai SEC Files Charges Against Former Zipmex Thailand CEO

The Securities and Exchange Commission found that the companies customer assets were transferred overseas before an announcement was made.Source

BlackRock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan

GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.Source

NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says

Yat Siu explains why we shouldn’t dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.Source

Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business

The company, backed by the owner of the NYSE, was introduced in 2018 with the initial goal of helping Starbucks customers buy coffee with bitcoin.Source

Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains

BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.Source

DeFi Shouldn’t Have to Worry About the SEC’s Expanded Broker Rule

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The Protocol: Solana’s Missed Moment, Exclusive Farcaster Q&A, Bullish Year of Dragon

Even in a slow week ahead of the Chinese New Year, there’s a lot of crypto news to cover. Here’s this week’s The Protocol, CoinDesk’s weekly newsletter devoted to blockchain tech.Source

‘Absolute Essentials of Ethereum’ by Paul Dylan-Ennis: An Excerpt

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