The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn.Source
Bricks (BRICK), the native token of Reddit’s Fortnite community, surged by 100% over the past 24-hours following a two-month downswing that saw it lose more than 80% of its value.Source
After failing again at $28,000 resistance over the weekend, bitcoin has retreated to its weakest level since late September.Source
The decentralized autonomous organization is holding a vote on how to respond to securities regulators.Source
ZeroSync’s Robin Linus has ignited excitement in the Bitcoin community by introducing the “BitVM” paper, proposing a straightforward method for incorporating smart contracts into the original blockchain, a feature predominantly associated with Ethereum and its numerous derivatives.Source
The U.S. House of Representatives won’t get back to work on crypto legislation if Republicans can’t unify behind majority choice Steve Scalise – or some alternative – after the party’s ousting of Speaker of the House Kevin McCarthy (R-Calif.) derailed the congressional agenda.Source
Chainlink has positioned itself as a key piece of infrastructure to connect blockchains with the outside world and should profit from crypto’s real-world asset narrative.Source
The social app on Avalanche was drained for $3 Million last week.Source