The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
ARK sold a similar amount – $15.8 million – worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.Source
The crypto market’s de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023.Source
Some have forecasted sharp declines in bitcoin’s price as traders ‘sell the news’ post-ETF approval, but Fidelity’s Director of Global Macro disagrees.Source
Developers said the missed finalization was likely due to an expected lack of participation and older network validators.Source
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.Source
The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin.Source
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia.Source