Category: News

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The credit card from Ether.fi will reward 3% cash-back and let users borrow money against their crypto collateral.

The CoinDesk 20 jumped 4.2% over the weekend with all but one asset in the green.

Restaking protocol Ether.fi selected layer-2 network Scroll as the settlement layer for products like its Cash card.

Bitcoin lost over 8% of its value during the week, falling below $54,000 on Sept. 6 having traded around $59,000 on Sept. 2.

Also, there are now prediction market contracts about other prediction market contracts.

The lack of a central hub for crypto, compared to other tech movements, may be holding innovation back, says CoinDesk columnist Azeem Khan.

Republicans are way ahead of Democrats regarding their opinion of crypto and bitcoin BTC, said MicroStrategy (MSTR) Executive Chairman Michael Saylor.

A U.S. judge denied in part last week Coinbase’s request to dismiss a class action lawsuit from shareholders accusing the exchange of misleading them about its chances of being sued by the U.S. Securities and Exchange Commission.

Kalshi “has staked its future on this litigation and these markets,” the prediction market platform said, pushing back against CFTC’s emergency motion.