First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K
Good morning. Here’s what’s happening: Prices: Bitcoin and other cryptos have a dark day. Insights: Observers of digital assets...
Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up
The Tron network’s stablecoin, USDD, lost its peg to the U.S. dollar on Monday, dipping to as low as...
Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra
“Those of you waiting for the earth to become unstable- I'm afraid you will be waiting until the age...
First Mover Asia: Bitcoin Tumbles Below $27K Amid Ongoing Inflation Concerns
Good morning. Here’s what’s happening: Prices: Bitcoin and other cryptos have a lost weekend. Insights: Is there a case...
Texas Feels Like Bitcoin Country (Maybe Because I Was There for a Bitcoin Conference)
Another week. Another conference. Another dose of “wow – Bitcoin sure is cool.” The end of this past week...
JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFi
Decentralized finance (DeFi) developers looking to leverage the yield-generating potential of assets that live outside the crypto native kingdom...
Edward Snowden Says Use Crypto, Don’t Invest in It
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PayPal Allowing Crypto Off Its Platform Heralds a First Step Away From Fiat World, CEO Schulman Says
PayPal’s recent move to allow transfers out of the firm’s cryptocurrency walled garden is the opening step from a...
Tesla Board Member Kimbal Musk Says Most DAOs Are Not Actually Decentralized
AUSTIN, Texas – Kimbal Musk, the billionaire philanthropist and brother of fellow entrepreneur Elon Musk who is now an...
US Stablecoin Law Could Actually Pass This Year, Lawmakers Say
AUSTIN, Texas – The U.S. could have a new federal law on stablecoins by the end of this year,...
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
Global markets were in risk-off mode on Friday, sending stocks and cryptos lower. The U.S. consumer price index (CPI),...
Unhosted Crypto Wallet Rules Will Allow Innovation, US Treasury Official Vows
AUSTIN, Texas — The U.S. Treasury is once again looking at a controversial proposal to identify who controls unhosted...
Inflation Unexpectedly Reaccelerated to 8.6% in May, Hitting a Fresh Four-Decade High
The consumer price index (CPI), the most widely tracked benchmark for inflation, rose 8.6% on a year-over-year basis in...
Fidelity’s Abigail Johnson Reaffirms Crypto Commitment in Bear Market
Offering battle-tested advice to the crowd at Consensus 2022 in Austin, Texas, Fidelity Investments chairman and CEO Abigail Johnson...
Grayscale, Bitwise Confident a Spot Bitcoin ETF Will Be Approved Soon
AUSTIN, Texas — Investment firms Grayscale and Bitwise said they were optimistic that a spot bitcoin ETF would finally...
First Mover Asia: Ethereum’s Ropsten ‘Merge’ Prompts Mixed Analyst Sentiment; Bitcoin Is Flat
Good morning. Here’s what’s happening: Prices: Bitcoin remains range-bound; some altcoins outperform. Insights: Analysts' opinions differ on ...