The latest price moves in bitcoin (BTC) and crypto markets in context for March 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

To neglect building on the Bitcoin protocol would be to forsake key applications for the network that have the potential to make the internet, and the world at large, …

WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC. Source: https://www.coindesk.com/markets/2023/03/31/bitcoin-dips-below-28k-as-options-expire-traders-borrow-wbtc-from-aave/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Over 700,000 transactions have been conducted on the testnet so far, which, however, isn’t extremely large relative to the hype. Source: https://www.coindesk.com/tech/2023/03/31/shiba-inus-testnet-puppynet-sees-rising-activity-ahead-of-shibarium-mainnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Rollbit says Curaçao authorities are currently engaged in an annual license review, which is why its logo is removed from the site. Source: https://www.coindesk.com/markets/2023/03/31/crypto-casino-rollbits-token-drops-20-amid-licensing-concerns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The move will be enabled after an upcoming feature on Milkomeda, an Ethereum Virtual Machine network, goes live. Source: https://www.coindesk.com/tech/2023/03/31/cardano-users-can-soon-access-ethereum-dapps-directly-from-ada-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large …

Sushi Swap Head Chef Jared Grey fielded questions from his community about an SEC subpoena he received during a Thursday call. Source: https://www.coindesk.com/policy/2023/03/31/sushi-swap-ceo-says-he-no-longer-feels-inspired-amid-us-regulators-crypto-crackdown/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner. Source: https://www.coindesk.com/markets/2023/03/30/circles-usdc-remains-dominant-in-defi-as-pressure-eases-on-the-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

TeraWulf reiterated its 5.5 EH/s computing power target for the second quarter of the year. Source: https://www.coindesk.com/business/2023/03/30/bitcoin-miner-terawulf-reports-146-increase-in-revenue-as-it-ramps-up-operations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines