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Do Kwon’s Detention in Montenegro Extended
Terraform Labs co-founder Do Kwon will stay in detention while he faces charges of falsifying official documents in Montenegro. This comes after a request for bail was approved and later revoked. Austin Campbell, Columbia Business School Adjunct Professor and former Paxos Head of Portfolio Management, discusses his take on the latest developments around the Terra ecosystem and the outlook for stablecoin regulation.

Bitcoin's 'Ichimoku Cloud' Suggests Further Drop Toward $24K: Valkyrie Investments
According to a technical analysis by alternative asset management firm Valkyrie Investments, bitcoin's recent price slide may have legs and the largest cryptocurrency by market cap could see a further decline toward $24,000 as BTC's daily chart Ichimoku Cloud, a momentum indicator, has flipped bearish. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

Binance Introducing NFT Loan Feature
Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral. "The Hash" panel breaks down the new service and what it means for NFT holders.

Shaq Is Served Again in FTX Lawsuit, Lawyer Says
Shaquille O'Neal has been served again in a class-action lawsuit against FTX and founder Sam Bankman-Fried. The NBA legend reportedly received a summons and complaint during Tuesday night's game between the Miami Heat and Boston Celtics. "The Hash" panel shares their reactions.

Sam Altman’s Worldcoin Raises $115M, Led by Blockchain Capital
Tools for Humanity, the team behind Worldcoin, has raised $115 million in a Series C funding round led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global. "The Hash" panel discusses the future of the decentralized open-source protocol co-founded by OpenAI CEO Sam Altman.

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
Crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network, whose assets were previously valued at around $2 billion, according to court filings. "The Hash" panel discusses what this means for Celsius' bankruptcy case.

Gov. Ron DeSantis Announces Presidential Bid, Talks About Crypto
Florida Governor Ron DeSantis, the latest contender for the leadership of the Republican Party, said during a Twitter space that "bitcoin represents a threat to [the current regime]." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on DeSantis' attitudes toward crypto and CBDCs.

Bitcoin Options Market Suggests Weakness Over 6 Months Amid Debt Ceiling Deadline
Bitcoin's (BTC) options market is showing bias for weakness over six months for the first time since early March as the U.S. debt ceiling drama continues. Nauman Sheikh, Head of Protocol and Treasury Management at Wave Digital Assets, joins "First Mover" with his market analysis. Plus, insights on the correlation between bitcoin and stocks.

Canvas CEO on Australia's CBDC Pilot, Tokenized FX Transactions
Australia made its first foreign exchange transaction using eAUD, the CBDC piloted in the country. The transaction was done using Canvas, an Ethereum Layer 2 that uses Zero Knowledge roll-up technology. Canvas CEO David Lavecky discusses the company's role in the country's approach to testing the use of central bank digital currencies.

Bitcoin’s Declining Correlation With Stocks Revs Up Appeal for Investors: K33 Research
The correlation of bitcoin's (BTC) price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted. Wave Digital Assets' Head of Protocol and Treasury Management Nauman Sheikh weighs in.
