On October 20, 2020, the amount of Bitcoin (BTC) held at major exchanges fell below 2.5 million BTC for the first time in two years.  Source: Glassnode.Nexo co-founder Antoni Trenchev opined to Cointelegraph that this…

A report from Outlier Ventures analyzed key developments in the blockchain space over the past year. It showed that in 2020, Polkadot experienced the biggest upsurge in developer activity, at +44%, compared to any other…

Bitcoin (BTC) fell 2% Friday, the most in three weeks, after the market was spooked by the announcement that the cryptocurrency exchange OKEx had suspended withdrawals because founder Mingxing “Star” Xu was reportedly taken into police custody.  The executive…

In recent months, there has been a considerable spike in institutional demand for Bitcoin (BTC) following several high profile investments. Over time, asset manager and 10T Holdings co-founder Dan Tapiero believes this could lead to…

OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price of Bitcoin (BTC) abruptly plunged 3% in 30 minutes across major exchanges. The…

Following the Spadina testnet failure at the end of September, the Ethereum 2.0 Phase 0 rollout looked in serious jeopardy. Billed as a dress rehearsal for ETH 2.0 genesis, core developer Danny Ryan reported several…

Earlier this month, Christie’s auction house announced the sale of a digital portrait of the Bitcoin code for more than $130,000 when the first estimated price was $12,000–$18,000. It was the first time a nonfungible…

While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building. Santiment, a cryptocurrency data analytics firm, recently noted that the…

As demand for bitcoin surges in India, especially in urban tech hubs, smart-contract platforms like Ethereum and others are also gaining momentum. Cosmos, promoted by the Switzerland-based Interchain Foundation, is especially finding traction with students…

Brace yourself for a concept that will feel jarring, an idea that will clash with everything you know about 2020 and a philosophy that will feel downright unthinkable: Optimism. Many internet 2030 scenarios are bleak.…

A 21-year-old social media star famous for his TikTok videos is entering the crypto space, guided by Bitcoin bull Anthony ‘Pomp’ Pompliano. Bryce Hall has launched a finance podcast with Pompliano called “Capital University”. Unlike…

Bitcoin (BTC) has hit a new price record — but this time, it’s stamina which is delighting the bulls. As various analysts and well-known Bitcoiners noted this week, the Bitcoin price has stayed above $10,000…

Bitcoin (BTC) starts the week pushing for $11,000 as ranging behavior continues, but futures gap danger remains. Cointelegraph takes a look at five factors that could shape Bitcoin price action in the coming week. Trump…

Fintech enabler Plaid, which connects traditional bank accounts to thousands of digital platforms, including crypto exchange Coinbase, is quietly working with at least two decentralized finance (DeFi) startups. Plaid’s head of UK, Keith Grose, a…

As September draws to a close, Bitcoin continues its pattern of consolidation above $10,000–but what’s next? This marks the eighth week in a row that Bitcoin has traded consistently above $10k, a pattern of consolidation…

Bitcoin could hit a new year-to-date (YTD) high, abetted in part by the risks surrounding the US presidential election. The analogy takes cues from a quarterly commodity outlook published by Citigroup. The American banking giant…

Visa-owned fintech enabler Plaid, which connects traditional bank accounts to thousands of digital platforms, including crypto exchange Coinbase, is quietly working with at least two decentralized finance (DeFi) startups. Plaid’s head of UK, Keith Grose,…

Last Friday night, crypto YouTuber Ivan on Tech messaged me on Twitter. Shortly into our conversation, he graciously offered me an investment opportunity in “Bitcoin trading/mining”, courtesy of a platform that he alleged was associated…

MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex. Since the start…

After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k. And indeed, things are looking upward: a week ago, the price of Bitcoin sat around…

After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k. And indeed, things are looking upward: a week ago, the price of Bitcoin sat around…

Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to…

A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and…

This column has written in recent weeks about the surprising possibility that cryptocurrency markets might have become the new home for capitalism, in an environment where central banks and governments are intervening deeply in markets while picking corporate…

Ahead of its initial public offering (IPO), Warren Buffett and Berkshire Hathaway invested in tech-cloud company Snowflake. Buffett has largely avoided tech companies for many years, investing heavily in banks. That trend is starting to…

Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for…

Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, might not have promoted Bitcoin Cash after all. A hacker appears responsible for a Sept. 4 tweet from Draper stating that he had recently…

You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never…

The United States Federal Reserve chair Jerome Powell will give a speech on the Fed’s monetary policy in several hours. Contrary to expectations, it might not have any major impact on the price of Bitcoin…

The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax…

The billion-dollar cryptocurrency space is no stranger to hype, as it is considered a factor that increases crypto prices. While this may be, hype generated from major centralized crypto exchanges may actually be creating more…

Yearn Finance (YFI) launched just a month ago and since then the yield aggregating platform’s total value locked has climbed to $611 million. In the last three days, YFI price climbed to $12,800, a nearly…

As the coronavirus takes its devastating toll on the U.S. economy, financial pros are increasingly confounded by the markets.  The economy is in its worst shape since the early 20th century, and stocks are soaring. The U.S. government’s…

According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50. Average Ethereum transaction fee in USD chart. Source: Blockchair During a similarly…