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Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional
A new research report from Coinbase Institutional reveals that staking has been a major liquidity sink for ether (ETH). Analysts note that the 3 month circulating supply of ETH has not meaningfully increased, despite the surge in price since Q4 of last year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Fantom blockchain's FTM token rose 13% in the past week, outperforming the broad market CoinDesk 20 Index. Plus, Hong Kong is expanding the cross-border digital yuan pilot. And, a customer sued Dolce & Gabbana USA for its NFT deliveries, according to a report from Bloomberg.

What's the Key to Winning a Hackathon?
EasyA co-founders Phil Kwok and Dom Kwok answer five rapid-fire questions from CoinDesk, including tips on winning a hackathon event and their advice for developers in the crypto space.

Everything You Need to Know About the EasyA Consensus Hackathon
EasyA co-founders Phil Kwok and Dom Kwok join "First Mover" to preview the upcoming hackathon at Consensus 2024. Plus, advice for participants of the event and the significance of blockchain education.

Ether-Bitcoin Ratio Drops to Lowest Since April 2021
The ether-bitcoin ratio has slid to 0.04563 on crypto exchange Binance, the lowest level since April 2021, according to charting platform TradingView. The ratio has declined nearly 16% in 2024. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict; CME's Plan for Spot Bitcoin Trading
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Tornado Cash developer Alexey Pertsev filed an appeal after being found guilty of money laundering. Plus, CME plans to offer spot bitcoin trading to clients, according to a report from the Financial Times. And, Rep. Patrick McHenry (R-N.C.) weighs in on next week's expected vote on U.S. legislation to regulate the crypto industry.

Guild of Guardians Built to 'Win' the Web2 Mobile Space: Game Director
Guild of Guardians Game Director Chris Clay joins "First Mover" to discuss the launch of their squad-based RPG game. Plus, challenges faced by Web3 game developers and what it will take to onboard the next wave of gamers.

Guild of Guardians Is the 'Next Evolution in Web3 Gaming': Game Director
Guild of Guardians Game Director Chris Clay answers five rapid-fire questions from CoinDesk, including excitement around Web3 gaming, how he entered the crypto space, and his enormous collection of NFTs.

Pepe Hits All-Time High as GameStop Rally Extends
Meme coins continue to rally on the return of Keith Gill's iconic X account @TheRoaringKitty. Pepe coin reached an all-time high early in the morning. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Bitcoin Rises on Softer Than Expected CPI; Circle Files to Shift Legal Base to the U.S.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin jumps back up to around $64,000 following the softer-than-expected U.S. inflation data. Plus, stablecoin issuer Circle filed to relocate its legal base to the U.S. ahead of its planned IPO, and Huobi Hong Kong withdrew its license application for a second time.
