First Mover Americas: BTC Flirts With $68K Amid ETF Inflows

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Singapore’s DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients

The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.
MicroStrategy’s ‘Nav Premium’ Shouldn’t be Feared, Says Benchmark, Raising Price Target to $245

Bears on MicroStrategy’s high stock price compared to the amount of its bitcoin holdings are overlooking the company’s “unique” shareholder value, investment banking firm Benchmark said in a research report on Friday.
Bitcoin Isn’t at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change

The weakness in Japanese yen bodes well for risk assets, including cryptocurrencies.
What to Expect Over the Coming Week in Crypto: Scroll Enters the Frame

As the crypto market teeters back into euphoric territory following a rally to three-month highs, several investors are focusing on the release of Scroll, a hyped layer-2 network that will release its native governance token next week.
Crypto.com v. SEC Is a Bold, ‘Bet the Company’ Case

If the company’s case can clear one procedural hurdle, it will have the SEC on its heels in Texas.
The New Blockchain Trilemma Is Here, and It’s Not About Technology

The original blockchain trilemma said builders had to choose between decentralization, scalability and security. The new one is a choice between products, customers and regulatory approval, says EY’s Paul Brody.
The Promise of Trustless Environmental Monitoring
ONDO Spikes 8% as Major Derivatives Exchanges Mull BlackRock’s BUIDL as Collateral Option

The tokenization platform’s governance token has been a favored proxy play among crypto traders for BlackRock’s tokenization push.
The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto Outlook
