A Fifth Circuit panel of judges ruled on Monday that Bitcoin (BTC) transaction data is not protected by the Fourth Amendment, which prohibits unreasonable searches and seizures.

The Louisiana court issued the ruling in connection with the case against Richard Gratkowski, who was sentenced to 70 months in federal prison last year after paying for access to child pornography websites using cryptocurrency. The FBI subpoenaed crypto exchange Coinbase to track his payments to the illicit websites.
More info: https://dailyhodl.com/2020/07/04/bitcoin-btc-transaction-records-not-protected-by-fourth-amendment-us-court-rules/

A prominent Bitcoin whale who made a name for himself by ranking at the top of the Bitfinex trading leaderboard says he believes a massive altcoin purge will happen before the next BTC leg up.

In a new tweet, trader Joe007 says the altseason predicted by many is not on the horizon.

“My view is that shitcoin mass extinction event will likely precede next Bitcoin rally. Make of it what you will.”
More info: https://dailyhodl.com/2020/07/05/prominent-bitcoin-whale-predicts-mass-altcoin-extinction-ahead-of-next-btc-rally/

A new survey launched by PlanB, the crypto analyst known as the first apply the stock-to-flow (S2F) ratio to Bitcoin, reveals where members of the crypto community believe BTC is heading.

In a tweet posted on Friday, the closely-followed PlanB asked his 115,000 followers on Twitter to place their bets on where BTC would land before the end of 2021.
More info: https://dailyhodl.com/2020/07/05/will-bitcoin-hit-288000-by-december-of-2021-new-poll-shows-crypto-trader-sentiment-on-btc/

We are thrilled to announce a brand-new listing for the DGTX token on major global trading platform KuCoin! Starting from July 3, traders can access DGTX paired with BTC and ETH. With our public launch only a matter of weeks away, the news couldn’t come at a better time!

KuCoin is a global cryptocurrency exchange with a broad array of trading pairs available for its users. The company has been one of the fastest-growing in the crypto space, established in 2017 and now boasting more than five million users in over 200 countries.
More info: https://digitexfutures.com/blog/dgtx-now-listed-on-kucoin/

A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities.
Akon, a famous Senegalese-American musician and a known blockchain supporter, is setting up a blockchain hub in Kenya.

Dubbed the “Kenyan Opportunity Hub”, the new venture aims to promote blockchain and artificial intelligence, or AI, education. They also hope to provide Kenyans with more work opportunities.
More info: https://cointelegraph.com/news/akons-dlt-startup-to-set-up-a-blockchain-hub-in-kenya-in-q4-2020

Justin Sun announced three upcoming DeFi products from Tron, but crypto Twitter didn’t seem impressed.
Justin Sun, the founder of blockchain protocol Tron, recently took to Twitter to announce his company’s foray into the decentralized finance space that will work in areas of decentralized loans and trades.

Sun revealed that the project, JUST DeFi, plans to launch three new products for the decentralized finance ecosystem. The first is a lending and borrowing platform dubbed “JUST Lend.” It will allow Tron users to “earn interests and borrow against collateral.”
More info: https://cointelegraph.com/news/tron-to-set-foot-into-defi-but-fails-to-impress-crypto-twitter

A London-based subsidiary of cryptocurrency exchange Kraken has been approved to operate its derivatives platform by the U.K.’s financial regulator.

Crypto Facilities, also known as Kraken Futures, announced it had been granted a Multilateral Trading Facility (MTF) license from the U.K.’s Financial Conduct Authority (FCA) on Monday.
The license will allow for institutional clients to trade on the futures platform who would otherwise be prohibited by law from trading on unlicensed exchanges.
More info: https://www.coindesk.com/kraken-crypto-facilities-license-derivatives-trading-uk-fca

Bitcoiners, already rocked by this year’s coronavirus-inflicted turbulence, face a fresh source of volatility as the market heads into the second half of 2020: the U.S. presidential election.

According to Deutsche Bank, Germany’s biggest lender, a reelection victory by President Donald Trump could threaten the U.S. dollar’s century-long reign as the world’s de facto reserve currency.

You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, 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.
More info: https://www.coindesk.com/first-mover-as-bitcoiners-watch-dollar-deutsche-sees-trump-win-hurting-reserve-status