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Markets
First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar
Ethereum gas prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralized exchanges.

Link Price Surges 32% to Overtake Bitcoin Cash as 5th-Largest Crypto by Market Cap
The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value.

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

Bitcoin Rally Stalls as Increasingly Correlated Gold Drops Below $2K
Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset.

First Mover: After Falling 65% This Year in Bitcoin Terms, Do 'Stablecoins' Need a Rebranding?
So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?

First Mover: Bitcoin Hits $12K as Trump Orders Checks for Unemployed (Voters)
Bitcoin pushed above $12,000 as President Donald Trump ordered emergency economic aid measures that might just be a precursor to a new spending bill worth trillions of dollars.

Bitcoin Suddenly Drops by $500 After Passing $12K [Updated]
Bitcoin suddenly plummeted soon after crossing above $12,000 earlier on Monday.

How the Purpose of Public Markets Has Changed
Long Reads Sunday features excerpts about public and private markets, the new bitcoin bull market, and DJ Marshmello.

First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars
Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with CEO Loi Luu about the project and the DeFi boom.

Bitcoin Entering 'New Adoption Cycle,' Coin Metrics Exec Says
User adoption looks to be gathering pace as bitcoin's price rises amid a coronavirus-induced rush for assets with safe-haven appeal.
