Current Date:February 23, 2025

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First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday

Good morning. Here’s what’s happening: Prices: Bitcoin Reclaims $20,000; other cryptos rally. Insights: Old-fashioned gold is outperforming ...

Hard Times in Crypto Lead to Price and Macro Risk

“There is, in general, a lot of what we call ‘grift’ in the space, where 99.9% of the crypto...

Luna Only Makes Bermuda Love Stablecoins More

AUSTIN, Texas — The collapse of Terra’s terraUSD (UST) made some investors think twice about buying stablecoins. The algorthmic...

Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy

This article is adapted from CoinDesk Brasil, a partnership between CoinDesk and InfoMoney , one of Brazil's leading financial...

Former SEC Chair Jay Clayton Talks Rapidly Evolving Crypto Regulation Landscape

Former Securities and Exchange Commission (SEC) Chairman Jay Clayton’s stance on the government’s efforts to regulate crypto technologies has...

Panamanian President Partially Vetoes Crypto Regulation Legislation

Panama President Laurentizo Cortizo partially vetoed on Wednesday a bill regulating the use of crypto as a means of...

Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer

A blockchain transaction that contributed to the collapse of Terra's UST stablecoin has been linked by a South Korean...

Lido Finance Warns Leverage Is a ‘Hell of a Drug’

Ethereum staking firm Lido Finance, whose derivative products are a component in the crisis currently engulfing firms like Celsius...

Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious

Bitcoin rose above $21,000 in European hours today as broader financial markets in Europe and Asia advanced after Friday’s...

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

As cryptocurrency markets swooned in recent weeks, large institutional crypto investors including Alameda and Three Arrows Capital have used...

CFTC Commissioner: I Like Being an Underdog Versus the SEC

Kristin Johnson, one of the newest commissioners of the Commodity Futures Trading Commission (CFTC), said that while her agency...

Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed

Bitcoin’s (BTC) price fell back to a low of $20,755 on Thursday. It got close to $23,000 after U.S....

Bitso Processed $1B in Crypto Remittances Between Mexico and the US in First Half of 2022

Latin American crypto exchange Bitso processed $1 billion in crypto remittances between Mexico and the U.S. in the first...

How Crypto Lender Celsius Overheated

The Takeaway: Celsius Network, an interest-earning yield platform, has frozen withdrawals after using a myriad of failed decentralized finance...

US Treasury Secretary Talks Crypto With Bank Chiefs

U.S. Treasury Secretary Janet Yellen is meeting with the CEOs of Wall Street banks Thursday to discuss the global...

Animoca Brands Acquires Most of Educational Tech Company TinyTap for $38.9M

Gaming investment firm Animoca Brands has acquired more than 80% of TinyTap, an educational content technology company, for $38.88...

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