Category: Uncategorized

First Mover Americas: Bitcoin Cash Rises More Than 10%
The latest price moves in bitcoin (BTC) and crypto markets in context for July 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Refers Dutch Users to Rival Coinmerce as It Exits Netherlands
The world’s biggest crypto exchange said it would quit the Netherlands in June after failing to secure regulatory approval.

Bitcoin Price Rally Puts Focus on Futures Spread That Underscores Need for Spot ETFs
Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs.

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

Bittrex Faced Enforcement Action From Florida Regulator Ahead of Bankruptcy
The state’s financial regulator accused the U.S. firm of violating multiple state laws, and was looking to explore settlement avenues, court filings show.

BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers

Bitcoin Could Rally to 5K by End-2024: Matrixport
The bullish forecast is consistent with bitcoin’s tendency to chalk out sharp uptrends in months after the mining reward halving. The fourth halving is due in early 2024.

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg
CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.

CryptoQuant Parent Raises .5M Round Led by Atinum Investment
The latest round brings the company’s total capital raise to $9 million.