First Mover

The 'Summer of DeFi' just keeps on going, with collateral locked into decentralized finance protocols surging to a new all-time high.
First Mover: Bitcoin Rally Stalls as 'DeFi Summer' Proves Endless
This year's explosion in decentralized finance, or DeFi, highlighted just how much innovation was happening in digital-asset markets, beyond bitcoin.
The 'Summer of DeFi' just keeps on going, with collateral locked into decentralized finance protocols surging to a new all-time high.

Just a day after bitcoin prices topped $20,000 for the first time, they've already passed $23,000.
First Mover: Geek-Fest Turns Relevant as Bitcoin Passes $21K, $22K, $23K
As bitcoin prices push to new all-time highs, it's worth recalling May's "halving," which highlighted the cryptocurrency's potential inflation resistance.
Just a day after bitcoin prices topped $20,000 for the first time, they've already passed $23,000.

Bitcoin prices crossed above $20,000 on Wednesday for the first time.
First Mover: Stimulus Tests Bitcoin in Real-Time, and It Passes $20K
Bitcoin has climbed as more big investors said it might serve as a hedge against inflation. On Wednesday prices crossed $20K for the first time.
Bitcoin prices crossed above $20,000 on Wednesday for the first time.

Back in January, few cryptocurrency analysts could see the gathering storm that would forever change the bitcoin market.
First Mover: Reminiscing on Pre-Pandemic Bitcoin as Rally Stalls
Back in January, few analysts could foresee the investment theme that would ultimately cause bitcoin prices to triple over the course of 2020.
Back in January, few cryptocurrency analysts could see the gathering storm that would forever change the bitcoin market.

The coronavirus-induced recession and official response (trillions of dollars of stimulus) pushed bitcoin to its debut on the global investment stage.
First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin
In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.
The coronavirus-induced recession and official response (trillions of dollars of stimulus) pushed bitcoin to its debut on the global investment stage.

It's taking bigger numbers to count the dollars and euros outstanding.
First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K
MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.
It's taking bigger numbers to count the dollars and euros outstanding.

ECB President Christine Lagarde, speaking Thursday at a press conference.
First Mover: Bitcoin Stuck as ECB's Lagarde Primes Extra €500B Stimulus
The ECB's decision to expand an emergency bond-buying program by €500B may represent the latest installment of years-long balance-sheet increase.
ECB President Christine Lagarde, speaking Thursday at a press conference.

Wells Fargo clients can't buy cryptocurrencies in their accounts, keeping them from taking part in this year's outsize bitcoin rally.
First Mover: Why Wells Fargo Won't Recommend Bitcoin to Clients
A Wells Fargo unit doesn't recommend bitcoin to clients because they can't yet hold cryptocurrency in their accounts. What if that changed?   
Wells Fargo clients can't buy cryptocurrencies in their accounts, keeping them from taking part in this year's outsize bitcoin rally.

Market sentiment has been dampened, as in this 18th century Korean painting of a rainy landscape.
First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact
As banks like Wells Fargo come around to writing about bitcoin, pro crypto analysts are scrutinizing blockchain network activity for clues on market cycle.
Market sentiment has been dampened, as in this 18th century Korean painting of a rainy landscape.

Allianz Chief Economic Advisor Mohamed El-Erian says he recently sold bitcoin "not based on any deep analysis" after buying some two years ago.
First Mover: Why Mohamed El-Erian Might Have Held Bitcoin at $19K
This year's rapid price gains are unnerving some investors, but NYDIG's Greg Cipolaro argues that bitcoin's growing network could justify $52K in five years.
Allianz Chief Economic Advisor Mohamed El-Erian says he recently sold bitcoin "not based on any deep analysis" after buying some two years ago.