Prediction Market 'Zeitgeist' to Use CoinDesk Indices for Broad Crypto Bets
Traders will be able to bet on the performance of a basket of DeFi tokens, or of a group of smart contract platforms' native currencies. Original Source
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Broad
China’s Economic Data Missed Broad Expectations amid Wobbled Recovery
China’s economic outlook also affected the stocks of some of the top companies in the country. China’s economic recovery has been faced with a lot of strain in its attempt to return back to winning ways as marked by growth, however, recent data points that the economy has continued to
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Web3 Investor Paradigm’s VP of Engineering Tal Broad Exits
Tal Broda, who joined Paradigm a year ago from Citadel Securities, said he would pursue opportunities closer to his prior experience. Source
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Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry – Regulation Bitcoin News
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed Custodia’s unsuccessful application to become a member
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UK Finance Ministry to Propose Broad Rules for Crypto, Invites Industry Feedback
The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes. Original Source
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Bitcoin Retakes $20K, Leading as Broad Crypto Rally Continues
The largest cryptocurrency by market capitalization started the week near the $17,000 mark after hovering in the mid-$16,000 area since mid-December. Now at $20,000, bitcoin has gained more than 20% in the opening two weeks of this year. Still, the crypto – which topped $65,000 in Nov. 2021 – remains
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Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
BNB, an exchange token used within the Binance trading environment, jumped 20%, leading a broad rebound in crypto markets that had been in freefall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits. Source
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Effort to Reverse Bitcoin Fund Rejection Wins Broad Crypto Industry Support
"The Commission's 'thumb on the scale' approach does not withstand scrutiny," the groups said, calling spot Bitcoin ETPs "ideally suited for investors that desire exposure to Bitcoin. The groups added that the SEC had allowed "similar, riskier products to enter the market," and that spot ETPs plainly satisfy regulatory requirements
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SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC
Caroline Pham, one of five commissioners with the United States Commodity Futures Trading Commission, or CFTC, has expressed concerns about the possible implications of a case the Securities and Exchange Commission, or SEC, brought against a former product manager at Coinbase.In a Thursday statement, Pham said the SEC complaint against
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Crypto indexes offer broad access, but are they profitable in the long run?
The cryptocurrency market is known for its high volatility and the wild-west nature of the space is, in part, due to many of the assets having small market caps and the 24/7 operational hours of centralized and decentralized exchanges (DEXs).In addition to being high risk, crypto trading can also be
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