First Mover

Bitcoin

First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming

The Federal Reserve might need to print money to help finance Biden's coronavirus relief proposal, to keep Treasury bond interest rates from climbing.

Markets  ·  15 January 2021
Bitcoin

First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

Bitcoin's powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators. 

Markets  ·  14 January 2021
Bitcoin

First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs

Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past. 

Markets  ·  13 January 2021
Bitcoin

First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides

Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets. 

Markets  ·  12 January 2021
Bitcoin

First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve

Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.

Markets  ·  11 January 2021
Bitcoin

First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K

It's taken just eight days in 2021 for bitcoin prices to surge more than 40%, and some analysts are starting to handicap the chances for a correction.

Markets  ·  8 January 2021
Bitcoin

First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’

It took just a few months for cryptocurrencies' market cap to double to $1 trillion. That compares with eight years for U.S. junk loans.

News  ·  7 January 2021
Bitcoin

First Mover: Bitcoin Hits Record as ‘Blue Wave’ and ‘Kimchi Premium’ Look Bullish

Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi Premium' back in force.

Markets  ·  6 January 2021
Bitcoin

First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding

Don't even think of using the term "DeFi winter," because DeFi might be hotter than last year's summer of DeFi. 

Markets  ·  5 January 2021
Bitcoin

First Mover: Bitcoin’s Plunge to $31K Shows How Bullish Market Had Become

It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.

Markets  ·  4 January 2021
Bitcoin

First Mover: XRP Plunges 20% as Traders Assess SEC’s Ripple Suit

The SEC's suit against Ripple has triggered a steep sell-off in price for the payments token XRP. Meanwhile, prices for Chainlink's token have increased seven-fold this year, most among CoinDesk 20.

Markets  ·  23 December 2020
Bitcoin

First Mover: What People Said About Bitcoin in 2020 (Both Good and Bad)

A lot of people said a lot of things, both good and bad, about bitcoin in 2020, as the 11-year-old cryptocurrency defied doubters with a tripling in price. 

Markets  ·  22 December 2020
Bitcoin

First Mover: As Markets Turn Ugly, Bitcoiners Thank Secular Trend

At start of October, bitcoin analysts were bullish, but few would have guessed the cryptocurrency's price could double by the end of 2020.

Markets  ·  21 December 2020
Bitcoin

First Mover: Bitcoin Rally Stalls as ‘DeFi Summer’ Proves Endless

This year's explosion in decentralized finance, or DeFi, highlighted just how much innovation was happening in digital-asset markets, beyond bitcoin.

Markets  ·  18 December 2020
Bitcoin

First Mover: Geek-Fest Turns Relevant as Bitcoin Passes $21K, $22K, $23K

As bitcoin prices push to new all-time highs, it's worth recalling May's "halving," which highlighted the cryptocurrency's potential inflation resistance.

Markets  ·  17 December 2020