The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar. Source …
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Bitcoin clings to $20K as analysts warn of a long, bumpy ride for the foreseeable future
BTC price briefly fell below $20,000 and traders warn that the all-important support level could eventually crumble after enduring an increasing number of retests. Source …
Crypto more popular than mutual funds among millennials, survey shows
The report “How Millennials See Their Financial Future” reveals that 40% of millennial survey participants have invested in crypto. Source …
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Educating regulators will help to mitigate risks, says Figment exec
Robert Ellison noted that a regulatory framework for staking is achievable because the concept is very easy to understand. Source …
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Crypto conspiracy theories abound, but prop traders are just doing their job
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do? Source …
Celsius Network hires advisers ahead of potential bankruptcy: Report
Restructuring, bankruptcy, buyouts... media outlets are swarming with different reports on the next steps Celsius may take. Source …
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CBDC may threaten stablecoins, not Bitcoin: ARK36 exec
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes. Source …
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