First Mover Americas: Uniswap’s Token Slides on SEC Lawsuit

The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.Source

Former Ethereum Adviser Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

The former Ethereum adviser has retained well-known civil liberties lawyer Alan Dershowitz to serve as a consultant on constitutional issues in the case.Source

Hong Kong’s Incoming Spot Bitcoin ETFs Could Be ‘Big Deal.’ Here’s What Analysts Say

Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.Source

DeFi Exchange Uniswap Receives Enforcement Notice from the SEC

Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.Source

NEAR to Hire Artificial-Intelligence Engineers as Part of AI Roadmap

The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk.Source

The Protocol: How to Engineer Harder Money, or Just Make Your Own

Bitcoin’s supply growth is set to automatically drop by 50% when next week’s “halving” arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts of monetary strategies.Source

Binance ‘Working Collaboratively’ With Nigerian Government to Free Detained Executive, Compliance Chief Says

Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday.Source

VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs

Jan Van Eck told CoinDesk TV’s Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.Source

EigenLayer and EigenDA Launch on Ethereum Mainnet

The launch comes after $12 billion has already been deposited into the protocol.Source