Xapo’s CEO said the move “is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape.”
First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Animoca Brands’ Anichess Secures $1.5M for Decentralized Chess Game
The game, launching in early 2024, was made in partnership with Chess.com.
QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin as Collateral
The trade was executed on the regulated Clear Markets platform and involved bitcoin as collateral. The risk management techniques involved were consistent with ISDA’s requirements for uncleared derivatives.
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
Earlier this month, Haru Invest halted withdrawals and deposits.
Mastercard Focuses Its ‘Engage’ Program on Crypto
The expanded network helps bring new crypto card programs to market and creates crypto-to-fiat conversion capabilities, Mastercard said.
Bitcoin’s Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months
“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” one investor said.
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
Traders are scrambling for bitcoin calls or bullish bets after the cryptocurrency’s sudden rally to nearly $31,000.
Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing
Trading volumes have seen a marked increase on Coinbase since the filing for a spot bitcoin ETF.
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
The traditional finance giant has been rumored to be seeking the status for years.
Shiba Inu Introduces ‘Shibacals’ to Link NFTs to Real-World Items; SHIB Jumps
Developers shared plans for an NFC-linked authentication service in a Thursday update.
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
ALSO: Crypto may enduring “a crisis of confidence,” but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.
Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore
Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment Token companies.
Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers
The “GutterMelo MB.03” NFT sneakers are paired with a physical real-life sneaker counterpart and will be available to mint on OpenSea on June 29.
Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products
While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol
NFT Creation Platform Zora Launches Creator-Focused Layer 2
Zora Network aims to make minting on its platform “faster, cheaper and more enjoyable,” according to a press release.
Bankrupt Hedge Fund 3AC’s Return as a VC Stirring Up Crypto Community
3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.
Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.
First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life
Led by former animators for Pixar, Netflix and Marvel, “The Rise of Blus: A Nouns Movie” has a budget of $2.75 million and is said to be the first animated film funded by a DAO.
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.