First Mover: As Bitcoin Falls for Second Day, Long-Term Holders Probably Won’t Care

You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. […]

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First Mover: The Logic Behind Three Arrows’ $200M Grayscale Bet

The cryptocurrency investment fund Three Arrows disclosed earlier this month it became the biggest investor in the Grayscale Bitcoin Trust, after buying about $200 million of shares in the publicly traded bitcoin fund for a stake of about 6.5%. “Grayscale is one of the most professional and beneficial companies in the crypto ecosystem,” Three Arrows CEO Su Zhu told […]

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