Thursday, March 28, 2024
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Crypto Startups Are Increasingly Postponing Token Launch Plans as Alameda Research’s Contagion Effects Linger

“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect a significant drop in liquidity, which we will call the “Alameda Gap,” Kaiko wrote in

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CEXs refuse blanket asset freeze of all Russian users, though questions linger

Centralized exchanges (CEX) and CEOs from companies such as Binance, Coinbase and Kraken have all stated they would only freeze the assets of Russian clients specifically targeted by Western sanctions — not that of everyday Russian users.A few days prior, Mykhailo Fedorov, Ukraine’s minister of digital transformation, had called for “all major

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Bitcoin Makes a Push for $57K as Fed Taper Fears Linger, Leveraged Funds Boost Shorts

Bitcoin jumped to a fresh five-month high early Monday, extending the two-week price rally even though Friday’s weak U.S. jobs report failed to dampen expectations for Federal Reserve (Fed) tapering in November. The market also turned a blind eye toward the data showing supposedly bearish positioning by leveraged funds in

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