How are Bitcoin options traders positioning for the US banking crisis?
For the past 14 days, cryptocurrency markets have been trading within an unusually tight 7.1% range. In other words, investors are unwilling to place new...
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
There’s a narrative that’s grown up around Ethereum’s two most important co-founders, Joe Lubin and Vitalik Buterin, to explain how they went in different directions...
$22 billion of stablecoins has fled exchanges in 5 months: A report into crypto’s capital flight
Key Takeaways The balance of stablecoins on exchanges is at a 2-year low In the last 5 months, over half the stablecoin balance on exchanges...
UK reviews AI development: It can ‘drive substantial economic growth’
The United Kingdom’s Competition and Markets Authority (CMA) has turned its attention to artificial intelligence (AI) after announcing an examination of the impact of the technology...
SEC has 10 days to respond to Coinbase complaint: Legal exec
According to a May 4 announcement from Coinbase chief legal officer Paul Grewal, the United States Court of Appeals for the Third Circuit responded to...
Nigerian national blockchain policy gets government approval
Nigeria, known to be one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), has approved the National Blockchain Policy for Nigeria during...
Bitcoin eyes liquidity above $30K as gold hits new all-time high
Bitcoin (BTC) reclaimed $29,000 overnight into May 4 as the United States banking crisis risked spawning new victims.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGold, Bitcoin...
Federal Reserve raised the funds rate by another 25bp. Jerome Powell hinted at the end of the tightening cycle.
Federal Reserve raised the funds rate by another 25bp Jerome Powell hinted at the end of the tightening cycle The US dollar did not move...
Mainstream media renew push for non-US FTX user identities
Four media outlets in the United States have continued efforts to get the identities of non-U.S. FTX customers revealed, filing new objections to a previous...
SEC steps back from defining digital assets in new hedge fund rules
The United States securities regulator is holding off from ratifying the definition of the term “digital assets” in rules that govern reporting disclosures for hedge...