First Mover Americas: Bitcoin Holds $67K, CRV Slides

The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Australia’s Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC’s Warning For Crypto Entities

Australia’s regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an event in Sydney on Wednesday.Source

MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash

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Paxos Cuts 20% of Staff: Reports

Bloomberg report says the company will have an increased focus on tokenization.Source

Stick With Bitcoin, Avoid Ether, 10x Research Says After Fed Predicts Just One Rate Cut For 2024

ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.Source

Trump’s Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical

It may seem like the industry is finally getting the political support it needs. But proceed with caution.Source

The Protocol: How Optimism Filled in Its Missing Tooth

In this week’s newsletter, we delve into the Ethereum layer-2 network Optimism’s delivery of “fault proofs,” a piece of functionality that was glaringly missing even though it was at the heart of the project’s security setup.Source

Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains

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Fringe to Forefront: the Institutional Embrace of Digital Assets

Bitcoin and other major assets offer unique advantages to investors seeking growth and diversification, says Jason Leibowitz.Source