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Bitcoin slid under the $27,000 level, leading a broad decline in major cryptocurrencies. The largest cryptocurrency by market capitalization is also on pace to post its first losing month of 2023. "The Crypto Trader" author Glen Goodman shares his short term expectations for the cryptocurrency.

May 24, 2023

Bitcoin slid under the $27,000 level as traders react to U.K. inflation figures. The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was 6.2%. Glen Goodman, author of "The Crypto Trader", joins "First Mover" with his crypto markets analysis.

May 24, 2023

Tornado Cash developer Alexey Pertsev will be allowed to cross-question blockchain analytics company Chainalysis as he seeks to clear his name of money laundering charges, according to the rulings of a Dutch court. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses what to expect from Pertsev's case and his upcoming trial. Chainalysis did not immediately respond to a request for comment.

May 24, 2023

The Financial Industry Regulatory Authority (FINRA), an industry-funded oversight arm created by the SEC, announced last week that it has given a broker-dealer approval to Prometheum Ember Capital LLC for digital assets securities. Prometheum founder and co-CEO Aaron Kaplan discusses the process of getting the approval and what it means for the current crypto regulatory landscape in the U.S.

May 24, 2023

Hardware crypto wallet provider Ledger has pledged to accelerate their open-sourcing roadmap and delay the launch of its private key recovery service after criticism from the crypto community. Ledger CEO and Chairman Pascal Gauthier joins "First Mover" to address the privacy and data protection concerns raised surrounding Ledger Recover.

May 24, 2023

Fabian Vogelsteller, LUKSO co-founder and chief blockchain architect discusses layer 1 blockchain LUKSO's imminent Mainnet launch. Explaining the idea behind creating LUKSO, Vogelsteller added that "the most missing piece that we have in the blockchain space...has been extremely hard to use."

May 23, 2023

Greenidge Generation, a bitcoin mining operation in upstate New York, has found itself at the center of state and national debates about the impact crypto mining firms have on the environment and their local communities. But locals who live near the facility say they’ve been cut out of the conversation, and the broader debate ignores the role Greenidge plays in their lives. CoinDesk reporters traveled to the towns immediately adjacent to the mining operation to understand the views on the ground.

May 23, 2023

As part of CoinDesk Turns 10, "The Cryptopians" author "Unchained" podcast host Laura Shin joins "First Mover" to reflect on the past, present, and future of the crypto industry. Shin discusses the lessons learned from the rise and fall of Sam Bankman-Fried's FTX, Do Kwon's Terraform Labs, and unpacks the history of Ethereum.

May 23, 2023

A recent court filing suggests that FTX CEO John J. Ray III is working on devising a reboot plan for the now-defunct crypto exchange FTX. Filings show that Ray spent 6.7 hours on items related to “2.0” which is thought to mean FTX 2.0, a reboot of the exchange. Laura Shin, "The Cryptopians" author and "Unchained" podcast host, reacts to these developments, saying "[he] simply has a duty to explore that option."

May 23, 2023

Bitcoin (BTC) is back above $27,000 as President Biden and House Speaker McCarthy left their meeting on Monday without having reached a deal on the debt ceiling. Unizen Head of Research and Analytics Ajay Dhingra discusses his crypto markets outlook, addressing macroeconomic factors and explaining why he expects BTC to retest $19,000 this year.

May 23, 2023