The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought. Author: Will Canny
Archives for April 2024
Jury Begins Deliberations in $110M Mango Markets Fraud Trial
Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud. Author: Cheyenne Ligon, Danny Nelson
Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase’s Base, Raises $15M in VC Investment
CFG, the protocol’s native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens. Author: Krisztian Sandor
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S. Author: Nikhilesh De
PSG Fan Token Jumps 25% as Football Club Triumphs Over Barcelona
Paris Saint-Germain’s fan token is one of several issued for sports clubs by the crypto company Socios. Author: Danny Nelson
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