The U.S. economy seems headed for recession, if it’s not already there. But it’s difficult to predict how BTC and other cryptos will perform in the weeks ahead; cryptos climb higher in Thursday trading. Author: Sam Reynolds, James Rubin
First Mover Asia: Bitcoin’s Recent Gains Have Been Small. What Will Drive Its Price Higher?
US Tech Bill Creates White House Blockchain Adviser Role
Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president. Author: Jesse Hamilton
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
A $150 million seed fund will focus on Web3 founders and a $300 million opportunities found will double-down on portfolio projects. Author: Brandy Betz
First Mover Asia: Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike
The bear market has forced multiple organizations to cut their workforces, hurting morale and weakening the companies; BTC, ETH soar. Author: Shaurya Malwa, James Rubin
Two-Thirds of Public Commenters Oppose US Adopting Digital Dollar: Cato
With more than 2,000 people responding to the Federal Reserve’s invitation to weigh in on whether it should start a digital dollar, a Cato Institute examination has interpreted two-thirds of their comments as raising objections to the idea. Author: Jesse Hamilton
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