First Mover Americas: Bitcoin Consolidates After Encountering Resistance at $90K

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K

Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
Zero Gravity Labs Raises $40M for Decentralized AI Operating System

The seed round included contributions from Hack VC, Delphi Digital, OKX Ventures, Polygon and Animoca Brands.
Copper to Offer Custody Services for Tokenized Money Market Funds Such as BlackRock’s BUIDL

The crypto custodian’s clients can use money market fund tokens as collateral in derivatives trades after the company received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.
Robinhood Adds SOL, PEPE, ADA, XRP Following Trump Victory

Robinhood adds SOL, PEPE, ADA, XRP, Coinbase adds PEPE
CoinDesk 20 Performance Update: HBAR Falls 11.4%, Leading Index Lower From Tuesday

Aptos and NEAR Protocol were the only gainers, each rising 1.7%.
BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum to 5 New Blockchains

The investment giant is bringing its real-world asset fund to Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet and Polygon.
Beating Bitcoin

Crypto market returns today exhibit a power law distribution, where a few top performers can significantly boost a portfolio’s overall results, says Felician Stratmann.
Bitcoin Traders Pile Into $100K CME Options as Price Climbs Through $93K: CF Benchmarks

BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won’t Shake Her

U.S. Senator Elizabeth Warren has long been held up as the crypto industry’s chief opponent in Congress, and she’s now ascending to the role as the top Democrat in the Senate Banking Committee, where she’ll be heard from on the digital assets legislation that likely needs a sign-off from that panel.
