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A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors' stablecoin preferences; cryptos tick higher in Tuesday trading. Original Source
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Bitcoin (BTC) is stabilizing around $30K while stock market volatility is fading. Altcoins were mixed, although recent underperformance could signal caution among some traders. Indicators show short-term BTC buying, albeit with limited upside. Original Source
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Ledger is adding a browser extension on Safari called Ledger Connect that will allow users of Ledger hardware wallets to easily connect with Web 3 applications without the need for third party dependencies. Ledger Connect also has a security layer that will flag customers when certain apps appear suspicious. Original Source
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“There’s a huge focus on derivatives,” said Elwood CEO James Stickland in an interview. “It’s a great way for tier one banks to get involved in a synthetic nature without having to hold the underlying. Actually, there are huge margins and spreads to be made in the derivatives space, and
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Robinhood’s upcoming wallet – it begins testing in the summer, with a waitlist now open – is slated for direct competition with Coinbase’s (COIN) own offering, with expanded features announced Monday. Both investing giants are making it easier for their crypto-trading customers to actually deploy assets into DeFi without leaving
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So far, around three dozen U.S. cities, including Atlanta, Los Angeles, Miami and New York, have signed agreements allowing the gamified app to overlay its metaverse world on their streets. With 23 employees, FlickPlay has so far raised $6.3 million, and over 90,000 people signed up for a raffle offering
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Shares of crypto broker Voyager Digital were downgraded to neutral from buy by boutique investment firm Compass Point, which cited headwinds across the crypto industry and which questioned how the trading platform's retail investors will fare during the market rout. Original Source
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Treasury management platform Coinshift has closed a $15m series A funding round, with investment from the likes of Tiger Capital and Alameda Ventures. Original Source
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“I maintain that the trade in crypto derivatives should be restricted to wholesale trade,” said Paul-Willem van Gerwen, head of Capital Markets and Transparency Supervision at the Dutch Authority for Financial Markets (AFM). He cited the risks of markets that are opaque, and prone to manipulation and other criminal activity. Original
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