First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Buenos Aires Adds ZK Proofs to City App in Bid to Boost Residents’ Privacy
The crypto-adjacent tech is meant to give the Argentine capital’s 3.6 million residents greater control over their personal data.
UAE Region Ras Al-Khaimah Launches Framework for Decentralized Autonomous Organizations in Free Zone
The regime will enable DAO’s to have tax optimization and legal clarity, Dr. Sameer Al Ansari, CEO of RAK DAO said in the statement.
Solana’s Crypto-Governance Hub Realms Is Under New Management
The project is spinning out of Solana Labs and its new leaders want to turn a profit.
Tokenization Could Pose Risks to Financial System, FSB and BIS Warn
The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology’s interaction with legacy systems.
CoinDesk 20 Performance Update: HBAR Drops 3.5%, Leading Index Lower From Monday
NEAR Protocol was also among the underperformers, falling 2.9%.
Metaplanet Raises $66M Through Stocks Acquisition Rights Program
MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights.
Paul Tudor Jones: ‘All Roads Lead to Inflation;’ He’s Long Bitcoin and Gold
The U.S. government’s debt and deficit issues aren’t going anywhere no matter who wins the presidency next month, said Jones.
Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits
Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users’ deposits are protected up to the value of $250,000.
Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation
Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that he’s counting on sensible crypto regulations coming soon from the U.S. “There is no place like the U.S.,” he said via video link at DC Fintech Week in Washington.