First Mover | CoinDesk

First Mover: Bitcoin's Latest Sell-Off Gets Crypto Traders Mulling Election Chaos

Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.

By Bradley Keoun, Omkar GodboleSep 22, 2020

Markets

First Mover: Digital Gold Narrative Could Be Bitcoin's Lone Ace as Ethereum Gains

Bitcoin's "digital gold" narrative looks promising as ever, but the cryptocurrency's dominance is waning as Ethereum rides DeFi fever.

By Bradley Keoun, Omkar GodboleSep 21, 2020

Bitcoin's "digital gold" narrative might be its best card in an increasingly competitive game.

Markets

First Mover: Uniswap's Sudden $5B Token Valuation Cements Comeback From 'Vampire Mining' Attack

Uniswap's surprise token delivery has given the decentralized exchange a market value of more than $5 billion, instantly making it No. 1 in DeFi.

By Bradley Keoun, Muyao Shen, Omkar Godbole, Sebastian SinclairSep 18, 2020

Markets

First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K

This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules.

By Bradley Keoun, Paddy Baker, Sebastian SinclairSep 17, 2020

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Markets

First Mover: Binance's CZ Doesn't Even Dispute That DeFi Might Be Inevitable

Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.

By Bradley Keoun, Muyao Shen, Omkar Godbole, Sebastian SinclairSep 16, 2020

Binance CEO Changpeng "CZ" Zhao says the centralized exchange's BNB tokens might benefit from the decentralization trend.

Markets

First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K

Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success.

By Bradley Keoun, Omkar Godbole, Sebastian SinclairSep 15, 2020

Crypto investors inverting the gold-price scale is starting to seem like the sane thing to do. (Pixabay, modified by CoinDesk)

Markets

First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture'

Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks.

By Bradley Keoun, Omkar Godbole, Sebastian SinclairSep 14, 2020

Markets

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.

By Bradley KeounSep 11, 2020

DeFi is pushing up usage and fees on Ethereum, and the blockchain network so far is passing the stress test. (Flickr Creative Commons, modified by CoinDesk)

Markets

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

By Bradley Keoun, Omkar Godbole, Sebastian SinclairSep 10, 2020

Markets

First Mover: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% Attacks

Market onlookers are scrabbling for a new narrative as some argue last week's tech rout might explain bitcoin's latest price drop.

By Bradley Keoun, Omkar GodboleSep 9, 2020

The Nasdaq is the primary venue for U.S.-listed tech stocks (Shutterstock)