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First Mover


Markets

First Mover: Bitcoin Surges to New 2020 High as Harvest Debacle Provides Costly DeFi Lesson

This week's $24M exploit of DeFi platform Harvest shows risks as real as rewards in open-beta crypto markets, where investor protection is minimal.

Innovation takes priority over investor protection in the anything-goes market of decentralized finance, or DeFi.

Markets

First Mover: Bitcoin Steady Over $13K as JPMorgan Has Eureka! Moment

Bitcoin traders can be forgiven for gloating over JPMorgan's sudden pronouncement that the largest cryptocurrency has considerable long-term upside.

JPMorgan's analysts have arrived at the Eureka! moment where they're comparing bitcoin with gold.

Markets

First Mover: As Bitcoin Tops $13K, Analyst Explains How Blockchain Gives Clues on Next Move

Chainalysis Chief Economist Philip Gradwell tips his five favorite blockchain data points for analyzing cryptocurrency markets.

Bitcoiners are celebrating the largest cryptocurrency's longest winning streak in six months.

Markets

First Mover: The FOMO Takes Over as PayPal Play Sparks Bitcoin Rally to $13K

The latest rally leaves bitcoin up 80% year to date, an enviable performance that's bound to inspire the fear of missing out among some investors.

(PhotoMosh)

Markets

First Mover: PayPal Rushes In and Bitcoin Breaches $12K, While USDC Gains on Tether

PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.

Bitcoin prices blew through $12K and are now approaching a new 2020 high.

Markets

First Mover: Monero Leads Privacy-Coin Rally as Bitcoin Trips on Path to $12K

Monero, zcash and other privacy coins, a type of digital token that provides users with enhanced anonymity, are surging in cryptocurrency markets.

Privacy is the attribute that cryptocurrency traders are buying in latest digital-token rally.

Markets

First Mover: 'Blue Wave' in US Senate Could Mean Flood of Stimulus for Bitcoin

As U.S. President Donald Trump fades in election polls, Wall Street analysts are sketching out the market implications of legislative races.

Wall Street analysts say a Democratic takeover of the U.S. Senate in a "blue wave" could mean looser fiscal policy.

Markets

First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises

OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.

The OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained.

Markets

First Mover: As Ethereum Enthusiasm Builds, 'Bear Case' Could Still See Prices Double

There's a lot of money to be made in and around maturing Ethereum-centric markets, where a "bear market" means prices double.

Ethereum has emerged from its larval stage and cryptocurrency traders are bullish on the pupal.

Markets

First Mover: Privacy Is Litecoin's Ace in the Hole as JPMorgan Touts Bitcoin

After lagging behind bitcoin for the past couple years, Litecoin founder Charlie Lee is looking to privacy features as his ace in the hole.

Charlie Lee, the creator of Litecoin