First Mover Americas: XRP Momentum Could Set Precedent for Bitcoin

The latest price moves in bitcoin (BTC) and crypto markets in context for July 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire

The startup offers metaverse-creation tools and a list of general blockchain infrastructure solutions.Source

UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions

The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.Source

Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly

Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.Source

Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts

The company will be able to add up to 150 megawatts of energy capacity through the two agreements.Source

Dogecoin Pops 4% on Elon Musk Tweet

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StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings

The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native stack.Source

Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours

After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.Source

Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune

he crypto-focused firm has also cut three members of its research and development staff.Source