Ether’s 12% Jump, Celsius’ $1.2B Balance Sheet Hole, Reaction to US Inflation Data and China Q2 GDP

As it prepares for its first hearing in New York bankruptcy court on Monday, crypto lender Celsius Network has acknowledged it now has a $1.2 billion hole in its balance sheet. Legal expert Ron Hammond of the crypto lobbying group Blockchain Association joins "First Mover" to share his insights. Plus, crypto markets analysis from Jason Pagoulatos of Delphi Digital. And Avery Akkineni, Vayner3 president, joins to discuss her outlook on NFTs and the Web3 space amid the recent market downturn.

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"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.