Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
A group of Celsius borrowers wants a bankruptcy court to appoint an independent examiner to investigate the crypto-lender’s financials,...
First Mover Asia: Why DeFi Is Targeting the Institutions It Wanted to Topple; Crypto Prices Rally
Good morning. Here’s what’s happening: Prices: Cryptos rallied late Wednesday with bitcoin topping $19K again and ether rising above...
Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest
Price Action Bitcoin (BTC) and Ether (ETH) traded higher early Wednesday, pausing a slide that began late the previous...
Hawkish Fed Chatter Has Traders Betting on 75 Basis Point Rate Hike by Shorting Bitcoin
Several Federal Reserve officials on Wednesday signaled that the U.S. central bank will continue to raise interest rates until...
Ethereum’s Merge Could Boost the Public’s Perception of Crypto Overall
The Ethereum blockchain's software update called the Merge could change the public's perception of both the network and crypto...
Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
Michael Barr, the former Ripple Labs adviser and Michigan University law school dean who is now the U.S. Federal...
A Stablecoin Law May Not Happen This Year
Hey folks. Monday was a federal holiday in the U.S. so we’re taking it easy today. Reporting from my...
Swan Bitcoin Moves Into TradFi With Platform for Financial Advisors
Bitcoin financial services firm Swan Bitcoin is releasing a new product that’s targeting TradFi. Called Swan Advisor Services, it...
US Bank Watchdog Says He’s Not Budging on Crypto Distrust
U.S. regulators have largely fenced off the banking system from heavy involvement in the crypto industry, and that’s a...
Digital Euro to Focus on Personal Use, Not Web3, EU Officials Say
A retail digital euro will, in the first stage, only enable payments initiated by people, rather than allowing businesses...
Ethereum Merge: What You Need to Know
We’ve spent the past several weeks of this newsletter wading into deep technical and philosophical debates around future of...
DeFi Platform Curve Finance Takes First Steps Toward crvUSD Stablecoin
Prominent stablecoin swap application Curve Finance is nearing the launch of its native stablecoin, dubbed crvUSD, as per the...
First Mover Asia: Binance’s USDC Swap-Out Isn’t What You Think it Is; What’s Behind Bitcoin’s Late Dive?
Good morning. Here’s what’s happening: Prices: Bitcoin's falls below $19K after a late Tuesday plunge. Insights: Binance’s USDC swap-out...
Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It
While some market participants were initially shocked that the world’s largest crypto exchange by volume ended its support of...
Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins
Price Action Bitcoin (BTC) and Ether (ETH) took divergent paths on Tuesday, as BTC traded down while ETH rose...
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
The U.S. Federal Reserve’s campaign against inflation might not be finished until you’ve lost money on bitcoin (BTC). The...