Markets
Summary TLDR: Bitcoin and crypto markets saw price fluctuations on April 16, 2024. First Mover provides daily updates and context on these market movements. Key Points…
Summary TLDR: Key executives Tim Byun and Wei Lan have left OKX, raising concerns about the exchange’s stability and future. Similar patterns of high-level departures were…
Summary TLDR: A trader believes that bullish sentiment will not return until another catalyst occurs in the market. Key Points 1. Market sentiment is currently bearish…
Summary ApeCoin, tied to Yuga Labs’ NFT collection, has dropped 30% in the past week and 74% over the past year. Bored Ape Yacht Club’s floor…
Summary Federal Reserve Chair Jerome Powell indicates interest rate cuts may be further off than expected due to recent inflation data. This has potential implications for…
Summary DePIN projects collectively have tokens worth billions of dollars but only generate around $15 million a year in revenue, according to Rob Hadick from Dragonfly.…
Summary Bitcoin is approaching another halving event, reducing rewards for miners. This historically influences Bitcoin’s value and the broader cryptocurrency market. The halving adjusts the supply…
Summary TLDR: The Ore project on Solana suspends mining activities due to network congestion issues. Ore’s price tripled before settling down. The project aimed to implement…
Summary TLDR: Ethena’s USDe, a synthetic US dollar protocol on Ethereum, has a market cap exceeding $2 billion. It uses a unique strategy of delta hedging…
Summary TLDR: Paris Saint-Germain has issued a fan token through Socios, allowing fans to engage with the club through cryptocurrency. Key Points 1. Paris Saint-Germain’s fan…