The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs. Source: https://www.coindesk.com/policy/2023/11/06/hong-kong-now-considering-spot-crypto-etfs-for-retail-investors-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto trader Avi Eisenberg’s trial will start in April 2024 after defense and prosecutors agreed to delay the proceeding, first scheduled for December. Source: https://www.coindesk.com/policy/2023/11/03/crypto-trader-avi-eisenbergs-110m-fraud-trial-delayed-until-april-2024/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/11/03/a-tale-of-2-sec-commissioners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/11/03/sam-bankman-fried-verdict-the-crypto-industry-reacts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/11/03/winners-and-losers-of-sam-bankman-frieds-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Celestia, the modular blockchain that claims it will scale with more users, has struggled to wrangle much of a market share in its first week, with less than 350,000 …

Bitcoin’s recent strong performance at least in part is due to optimism regarding the imminent launch of multiple spot ETF products. Source: https://www.coindesk.com/markets/2023/11/03/what-happens-to-bitcoin-price-if-spot-etf-isnt-approved/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp. Source: https://www.coindesk.com/business/2023/11/03/bitgo-and-copper-combine-crypto-custody-settlement-networks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Interest rates have fallen sharply this week across the U.S. yield curve, in part as traders place bets the Fed is finished tightening monetary policy. Source: https://www.coindesk.com/business/2023/11/03/us-october-jobs-up-150k-missing-forecasts-for-180k-bitcoin-remains-lower-at-343k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin and crypto markets in context for Nov. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …