Category: Uncategorized

First Mover Americas: Meme Coin Indexes Are Here
The latest price moves in bitcoin (BTC) and crypto markets in context for April 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

New Zealand Crypto Policy Should Support Industry, Minister for Commerce Says
The country’s “wait and see” approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found.

Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020.

Bitcoin Falls Below K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins
One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.

Grayscale CEO Says Bitcoin ETF Outflows Are Reaching Equilibrium: Reuters
Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX are “largely behind us.”

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters
Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people familiar with the matter.

Bitcoin’s Bullish Quarter Eases Retail Skepticism: Deutsche Bank
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.

WOO X Introduces Meme Coin, Layer 2 Index Perpetuals in Partnership With Wintermute, GMCI
Indices provider GMCI’s MEME index includes top meme coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP.

Friend.Tech Money Metrics Surge Ahead of Potential Airdrop, V2 Release
The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype back.

Hong Kong-Based First Digital's B Stablecoin Arrives to Sui Network in DeFi Push
FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong’s digital asset regulations, benefitting from crypto exchange giant Binance’s trading promotion.