FM Clip

Sotheby's is expanding its non-fungible token (NFT) art offerings through the release of a specially curated, peer-to-peer secondary marketplace. The art auction house's head of digital art and NFTs, Michael Bouhanna, discusses Sotheby's expansion into the Web3 space and how they are addressing artist diversity and royalties in the sector.

May 3, 2023

Victoria Bills, Chief Investment Strategist at Banrion Capital Management, joins "First Mover" to discuss the outlook for bitcoin as crypto traders await another key decision on interest rates from the Federal Reserve. Plus, Bills addresses the liquidity concerns plaguing much of the banking sector following the recent collapse of First Republic Bank.

May 3, 2023

Solana Labs' crypto-forward smartphone Saga will go on public sale on May 8. The new device from Solana Mobile costs $1,000 and is built on hardware from Bay Area smartphone company OSOM. Solana Labs CEO and co-founder Anatoly Yakovenko discusses the benefits and opportunities of Saga, citing its self-custody feature and decentralized app (dApp) store. Plus, insights into Solana following FTX's implosion and the global outlook for the Solana ecosystem at large.

May 3, 2023

Poloniex LLC, a U.S. entity previously affiliated with the Poloniex crypto exchange, will remit $7.59 million to settle sanctions violation allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC). STORM Partners Managing Partner Sheraz Ahmed reacts to this development, saying, "A lot of the exchanges are going to be looking back at what they are doing and this is an opportunity for them to come clean."

May 2, 2023

The number of stablecoins, or dollar-pegged cryptocurrencies, held in addresses tied to centralized exchanges extended its decline to reach the lowest since May 2021 in a sign of increasing investor aversion to risk, according to Glassnode. Matrixport's Head of Research and Strategy, Markus Thielen, weighs in on the current state of stablecoins.

May 2, 2023

According to an official notice, OPNX has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange. CoinDesk's Jack Schickler discusses what the April 18th notice means for the bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC).

May 2, 2023

Matrixport's Head of Research and Strategy, Markus Thielen, joins "First Mover" to discuss crypto asset evaluation and trends in the Korean market, focusing trading activities on crypto exchange Upbit and the recent surge in XRP token.

May 2, 2023

Celsius is seeking to mingle its U.K. and U.S. entities as court filings allege the distinction between them was a “sham.” CoinDesk’s regulatory reporter Jack Schickler discusses the pressure faced by the bankrupt crypto lender in different jurisdictions.

May 2, 2023

Bitcoin (BTC) is dropping toward $28,000 after falling roughly 5% on Monday, wiping out all of April's gains. STORM Partners Managing Partner Sheraz Ahmed discusses his bitcoin analysis and outlook as investors await the Federal Reserve's key decision on interest rates tomorrow. Plus, the impact of recent banking sector jitters on crypto and reactions to art auction house Sotheby's expanding its NFT art offerings through the release of a specially curated, peer-to-peer secondary marketplace.

May 2, 2023

Poloniex LLC, a U.S. entity previously affiliated with the Poloniex crypto exchange, will remit $7.59 million to settle sanctions violation allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC), the sanctions watchdog said Monday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest in crypto regulation. 

May 2, 2023