ARK offloaded 201,047 GBTC shares, worth around $5.9 million, from its Next Generation Internet ETF. Source: https://www.coindesk.com/markets/2023/11/13/cathie-woods-ark-sold-6m-of-grayscale-bitcoin-trust-shares-amid-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market. Source: https://www.coindesk.com/business/2023/11/13/crypto-exchange-bithumb-plans-south-korea-ipo-in-second-half-2025-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prices on the major cryptocurrencies stabilized after a rally at the end of the U.S. trading week, while crypto winter continues to thaw in every part of the market …

Source: https://www.coindesk.com/consensus-magazine/2023/11/10/weve-seen-the-ftx-collapse-before/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Raft’s R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit. Source: https://www.coindesk.com/tech/2023/11/10/defi-platform-raft-suffers-33m-exploit-but-hacker-likely-takes-a-loss-on-the-attack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/11/10/cme-where-institutions-trade-bitcoin-flipped-binance-in-futures-volumes-is-that-as-bullish-as-it-sounds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/markets/2023/11/10/solanas-sol-rallies-20-in-a-day-erasing-woes-of-past-18-months/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.” Source: https://www.coindesk.com/business/2023/11/10/meet-midas-a-new-yield-bearing-stablecoin-investing-in-us-treasuries/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee. Source: https://www.coindesk.com/business/2023/11/10/crypto-lender-hodlnaut-to-be-liquidated-court-filing-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin and crypto markets in context for Nov. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …