First Mover

New digital markets might be the place where capitalism is getting revived. ("Portraits at the Stock Exchange" by Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk.)
First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism
Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they also might be keeping the fires of capitalism lit.
New digital markets might be the place where capitalism is getting revived. ("Portraits at the Stock Exchange" by Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk.)

Dollar-linked "stablecoins" provide the liquidity to fund exotic cryptocurrency trades. (Waterfall at Mont-Dore by Achille-Etna Michallon, from the Metropolitan Museum of Art archives, modified by CoinDesk)
First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market
Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.
Dollar-linked "stablecoins" provide the liquidity to fund exotic cryptocurrency trades. (Waterfall at Mont-Dore by Achille-Etna Michallon, from the Metropolitan Museum of Art archives, modified by CoinDesk)

Exuberant dancers. (Christy Gallois/Flickr Creative Commons, modified by CoinDesk)
First Mover: Money Legos Turn 'Exuberant' as Chainlink Stripped of 'DeFi'
This year's growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon "exuberant."
Exuberant dancers. (Christy Gallois/Flickr Creative Commons, modified by CoinDesk)

(Images Money/Flickr Creative Commons, modified by CoinDesk)
First Mover: Bitcoin Passes $12K, Dollar Worries Grow, OMG Jumps, Portnoy's Orchid #Pump
Bitcoin rises, Warren Buffett buys a gold miner, Wall Street dollars worry grow, OMG's price jumps, Orchid gets #pump tweet, Ethereum Classic's possible delisting.
(Images Money/Flickr Creative Commons, modified by CoinDesk)

Silver crystals (Alchemist-hp/Wikimedia Commons)
First Mover: Litecoin and Mimblewimble, Ether Futures, Chainlink, Curve
Litecoin's Mimblewimble upgrade sparks optimism, Ether futures hit records, Chainlink developers take profits.
Silver crystals (Alchemist-hp/Wikimedia Commons)

Illustration from "The World Turned Upside Down." (Alamy/Photomosh)
First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever
Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of YAM to Dave Portnoy.
Illustration from "The World Turned Upside Down." (Alamy/Photomosh)

Old gas pump
First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar
Ethereum gas prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralize...
Old gas pump

Schematic of Aug. 10 stablecoin arbitrage trade using DeFi.  (Etherscan, CoinDesk)
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.
Schematic of Aug. 10 stablecoin arbitrage trade using DeFi.  (Etherscan, CoinDesk)

Not so stable? (yanik88/Shutterstock)
First Mover: After Falling 65% This Year in Bitcoin Terms, Do 'Stablecoins' Need a Rebranding?
So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?
Not so stable? (yanik88/Shutterstock)

U.S. President Donald Trump (Joseph Sohm/Shutterstock)
First Mover: Bitcoin Hits $12K as Trump Orders Checks for Unemployed (Voters)
Bitcoin pushed above $12,000 as President Donald Trump ordered emergency economic aid measures that might just be a precursor to a new spending bill worth trillions of dollars...
U.S. President Donald Trump (Joseph Sohm/Shutterstock)