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First Mover
This Decentralized Social Protocol Is Rivaling X; LINK's Standout Week
Farcaster co-founder, Dan Romero, joins CoinDesk to unpack Web3 social protocol Farcaster. The protocol recently saw daily active users surge to all-time highs after the launch of Frames, which turns Farcaster-based posts into interactive mini-apps. Plus, it’s been a stellar week for Chainlink’s native token. LINK is the only member of the CoinDesk 20 to return positively week-on- week. Watch those stories and more, on today's "First Mover."
Details on Solana's 5-Hour Outage; State of U.S. Crypto Regulation in 2024
Solana, the low-latency blockchain that's seen an explosion in activity in recent months, experienced an approximately five-hour outage on Tuesday. U.S. Treasury Secretary Janet Yellen warns of the potential hazards the crypto industry poses. The Chamber of Digital Commerce Chief Policy Officer Cody Carbone weighs in on the state of U.S. crypto regulation. And, CoinDesk takes a closer look at Solana's mobile phone.
Spot Bitcoin ETF Aftermath; 'Buy The Dip' Sentiment Still Dominant in Crypto Market
WisdomTree Head of Digital Assets Will Peck joins "First Mover" to discuss his crypto market outlook following WisdomTree’s Bitcoin Fund being one of the spot bitcoin ETFs approved by the SEC last month. The largest cryptocurrency by market cap topped $43,000 on Monday as buying on the dip remains the dominant tactic in the crypto market, one trader tells CoinDesk. And, El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term.
Details on Solana's 5-Hour Outage; State of U.S. Crypto Regulation in 2024
Solana, the low-latency blockchain that's seen an explosion in activity in recent months, experienced an approximately five-hour outage on Tuesday. U.S. Treasury Secretary Janet Yellen warns of the potential hazards the crypto industry poses. The Chamber of Digital Commerce Chief Policy Officer Cody Carbone weighs in on the state of U.S. crypto regulation. And, CoinDesk takes a closer look at Solana's mobile phone.
Spot Bitcoin ETF Aftermath; 'Buy The Dip' Sentiment Still Dominant in Crypto Market
WisdomTree Head of Digital Assets Will Peck joins "First Mover" to discuss his crypto market outlook following WisdomTree’s Bitcoin Fund being one of the spot bitcoin ETFs approved by the SEC last month. The largest cryptocurrency by market cap topped $43,000 on Monday as buying on the dip remains the dominant tactic in the crypto market, one trader tells CoinDesk. And, El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term.
Venmo Rival Beam Dives Into Stablecoin-Powered Shopping; Bitcoin Ends the Week Higher
Eco, which is the builder behind Ethereum layer 2 wallet Beam, just acquired stablecoin shopping app Join. Andy Bromberg, Beam CEO and Eco Protocol contributor joins "First Mover" to discuss. The price of bitcoin (BTC) is ending the week higher after some new central bank decisions. And, Initial Contributor to Core DAO and CEO of Element, Rich Rines, weighs in on new Web3 funding initiatives in Africa.
Venmo Rival Beam Dives Into Stablecoin-Powered Shopping; Bitcoin Ends the Week Higher
Eco, which is the builder behind Ethereum layer 2 wallet Beam, just acquired stablecoin shopping app Join. Andy Bromberg, Beam CEO and Eco Protocol contributor joins "First Mover" to discuss. The price of bitcoin (BTC) is ending the week higher after some new central bank decisions. And, Initial Contributor to Core DAO and CEO of Element, Rich Rines, weighs in on new Web3 funding initiatives in Africa.
Sen. Cynthia Lummis Says CBDCs 'Are Unnecessary' in the U.S.
Sen. Cynthia Lummis (R-Wyo.) joins "First Mover" to weigh in on the progress for crypto-related legislation in 2024, the aftermath of spot bitcoin ETFs being approved in the U.S. and why the lawmaker thinks a central bank digital currency (CBDC) in America is "unnecessary." A U.S. Federal Reserve decision dents market hopes of a rate cut at its next meeting in March. And, a legal update on FTX and Celsius.
Sen. Cynthia Lummis Says CBDCs 'Are Unnecessary' in the U.S.
Sen. Cynthia Lummis (R-Wyo.) joins "First Mover" to weigh in on the progress for crypto-related legislation in 2024, the aftermath of spot bitcoin ETFs being approved in the U.S. and why the lawmaker thinks a central bank digital currency (CBDC) in America is "unnecessary." A U.S. Federal Reserve decision dents market hopes of a rate cut at its next meeting in March. And, a legal update on FTX and Celsius.
Analyst Predicts Ether Could Hit $4K by May; Web3 Use Cases Gain Traction
Standard Chartered Bank predicts Ether (ETH) could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based ETFs will likely win regulatory approval in the U.S. Alchemy's protocol specialist Jason Windawi weighs in on the state of Web3 and expectations for 2024. And, the Jack Dorsey-led company Block confirms to CoinDesk it has started laying off employees this week.