First Mover
First Mover Asia: Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue
The problems both protocols suffered are reminders that neither is really decentralized, and that they are not yet true challengers to Ethereum; ether and other altcoins trade sideways.
BNB Smart Chain Resumes Operations After Exploit; Bitcoin Slips From $20K After US Jobs Report
BNB Chain has now resumed operations after fixing a problem that let someone create $570 million of the token, though they were only able to abscond with a smaller amount. U.S. employers added 263,000 jobs in September, slightly more than expected but still reflecting a weakening labor market. Bannockburn Global Forex Managing Director Marc Chandler weighs in. Ark Invest Director of Research Frank Downing and Valkyrie CIO Steven McClurg join “First Mover” to discuss the future of crypto-focused separate managed accounts (SMAs).
First Mover Americas: It’s Payrolls Day Again, and Bitcoin Holds Tight Near $20K
The latest price moves in crypto markets in context for Oct. 7, 2022.
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.
Bitcoin Trades Sideways; Celsius Execs Cashed Out $17M in Crypto Before Bankruptcy
CORRECTION: Since publication, the reporting and headline has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million. Plus, Ari Redbord of TRM Labs discusses the European Union’s Russian crypto ban. And Star Atlas CEO Michael Wagner weighs in on the future of NFT games.
First Mover Americas: Bitcoin Stays Close to $20K, Sushi's Token Surges 14%
The latest price moves in crypto markets in context for Oct. 6, 2022.
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore.
First Mover Americas: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains
The latest price moves in crypto markets in context for Oct. 5, 2022.
CFTC Commissioner on Future of Crypto Regulation; Can Bitcoin Hang Onto $20K?
CFTC Commissioner Summer K. Mersinger joins “First Mover” to discuss the future of crypto regulation and her thoughts on decentralized autonomous organizations (DAOs). What’s the outlook for Twitter now that Elon Musk plans to acquire the social media company? CFRA Senior Equity Analyst Angelo Zino shares his insights. Plus, a markets check with Nauman Sheikh of Wave Financial.
First Mover Asia: Bitcoin Is Upbeat Above $20K as Investors Grow Optimistic That Steep Rate Hikes Will Soon End; Kim Kardashian and the SEC's Publicity Grab
Crypto and other markets responded favorably to a surprisingly large decline in U.S. job openings, which offer the latest evidence of economic slowing.
