Plus: Which cat-themed meme coin will hit $1 billion first?

The latest price moves in bitcoin (BTC) and crypto markets in context for May 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Judge James Mellor released his written judgement on the Crypto Open Patent Alliance vs Craig Wright case on Monday.

The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.

Our favorite strategy is to buy Bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry, 10x research said in a note.

Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim