• The crypto market has largely priced in the bankruptcies that occurred last year, yet many crypto firms are still paying off bank loans to cover their positions. • Two banks with a high-profile roster of crypto companies for customers…
• Bitcoin surged past $22,000, bringing the cryptocurrency market back to a market cap of over $1 trillion. • The pump has triggered another avalanche of liquidations across digital asset exchanges. • Ether has pumped from $1590 to $1651 within…
Bullet Points: • El Salvador recently passed a law establishing a regulatory framework for tokenized securities, altcoins, and businesses known as the Digital Asset Issuance. • The law is expected to facilitate the issuance of President Nayib Bukele’s bitcoin bonds,…
• Bank of France Governor Francois Villeroy de Galhau believes that cryptocurrency firms should obtain tougher regulatory licenses to continue providing their services. • Villeroy stated that the „disruption“ in the crypto sector is the main reason for more stringent…
Bulletpoints: 1. The Grayscale Ethereum Trust (ETHE) has fallen to a record discount of -60%, putting pressure on the world’s largest institutional crypto fund manager, Grayscale and its parent company. 2. The trust holds 3 million ETH, which is about…
• BTC.com, a prominent cryptocurrency mining pool, suffered a cyberattack that resulted in a significant loss of company and user funds. • According to a market research firm, X-explore’s analysis, most stolen assets were transferred to Tornado Cash while some…
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