First Mover Asia: Bitcoin Is CPI Resistant
Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.
Bitcoin
CEO of World’s Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation
Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.
Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?
The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.
Animated Series Futurama Takes Characters to ‘Doge City,’ Mocks Crypto Miners
Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.
It’s ChatGPT, but for Bitcoin: New AI Tool Avoids ‘Hallucinations’
An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new “ChatBTC” is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT.
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.
Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin
Bitcoin-friendly Miami Mayor Francis Suarez will be accepting donations in bitcoin (BTC) and other crypto for his presidential campaign, he announced on CoinDesk TV on Friday.
U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100
The unemployment rate TKTK to 3.X% versus estimates for 3.6%.
First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor
Elon Musk’s soon-to-be super app X, formerly known as Twitter, is looking for a financial-data giant to build a trading hub inside the app, news outlet Semafor reported citing documents and people familiar with the matter.