New Senate Proposal Could Give CFTC Crypto Oversight
The U.S. Senate Committee On Agriculture, Nutrition & Forestry is set to introduce a bill Wednesday allowing the Commodity Futures Trading Commission (CFTC) “exclusive jurisdiction” over digital commodities. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and what to expect.
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply
Lower energy consumption helped the miner generate $9.5 million in power credits.
First Mover Americas: Crypto Market Trades in the Green Despite Hacks
The latest price moves in crypto markets in context for Aug. 3, 2022.
Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees
The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.
First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin's Recent Gains
The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn't what it used to be.
MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2
The software firm owns 129,699 bitcoins worth approximately $3 billion.
Market Wrap: Bitcoin Wavers in Narrow Range as Cryptos Trade Weaker
Investors appear uncertain on market direction.
What to Make of Bitcoin's Latest Rally
Bitcoin rallied coming off extremely oversold conditions, according to data analytics firm Glassnode. Is it a bear market relief rally or the start of a sustained bullish charge? Plus, insights into movement on bitcoin's active addresses and block size as "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Miami Mayor on Crypto Market Downturn, New Initiative to Launch 5,000 ETH NFTs
Miami Mayor Francis Suarez joins “First Mover” to discuss the recent market downturn, Miamicoin’s recent crash, and his continuous support for the crypto industry. TIME President Keith Grossman joins Mayor Suarez with more details on Miami’s plan to launch 5,000 Ethereum NFTs in collaboration with TIME, Mastercard and Salesforce. Plus, an outlook on Web3 adoption.
Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit
The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”