The latest price moves in bitcoin and crypto markets in context for Nov. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …

The widespread use of central bank digital currencies (CBDCs) does not have enough justification at the moment as customers are so comfortable using today’s type of money, a senior …

Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone. Source: https://www.coindesk.com/markets/2023/11/17/recent-altcoin-rally-powered-by-south-korean-traders-cryptoquant-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The recommendations are meant to help establish a global regulatory response to the risks posed by crypto asset service providers. Source: https://www.coindesk.com/policy/2023/11/17/global-standards-setter-for-securities-regulation-publishes-crypto-markets-policy-recommendations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AVAX is up 8% in the last 24 hours, while bitcoin is trading below $36,500. Source: https://www.coindesk.com/markets/2023/11/17/avax-near-beat-ether-and-bitcoin-as-wall-of-red-continues-in-asia/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Multiple U.S. states have ordered GS Partners to halt operations, accusing the company of defrauding investors in a number of crypto schemes, including tokenized pieces of a Dubai skyscraper …

Source: https://www.coindesk.com/consensus-magazine/2023/11/16/time-is-running-out-for-crypto-leaders-to-reason-with-the-irs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian …

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX. Source: https://www.coindesk.com/policy/2023/11/16/sam-bankman-frieds-trial-may-be-over-but-the-bahamas-is-living-its-own-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Taproot Wizards, which describes itself as “magic internet JPEGs”, offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: “magic internet money.” Source: …