Dollar Slips As Yields Stabilize, Risk Sentiment Lifted By Iran Peace Hopes
In brief Gemini Titan has secured a CFTC Designated Contract Market license, clearing the exchange to launch regulated prediction markets in the United States. Gemini’s CEO, Tyler Winklevoss, credited the Trump administration for ending the war on crypto, following the CFTC approval. Alongside event contracts, Gemini says it plans to pursue U.S. listings for crypto…
Bitcoin reached a high of $75,317 in the early hours of this morning In September, Bernstein analysts predicted Bitcoin to reach between $80,000 and $90,000 by the end of 2024 if Trump won Unity’s COO said to CoinJournal said it was “disingenuous” to say Trump winning the US election was the sole reason Bitcoin’s price…
The phrase “debasement trade” as a crypto narrative has become popular. It’s this idea of getting out of government-backed assets, such as bonds or fiat currencies, and into “hard” assets like gold or Bitcoin. Bitwise CIO Matt Hougan recently posted on X that the debasement trade theory is gaining steam and will be popular into…
Key Takeaways The SEC and CFTC plan to harmonize regulations to bring perpetual contracts and 24/7 trading back to US markets. The agencies are considering frameworks for DeFi, portfolio margining, and safe harbors for peer-to-peer crypto asset trading. Share this article The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are…
Crypto e-commerce store Bitrefill has revealed it was the victim of a cybersecurity attack on March 1, with the methods used closely resembling those of Lazarus Group, North Korea’s notorious hacking organization. In a post to X on Tuesday, Bitrefill said the hackers used malware, on-chain tracing, and reused IP and email infrastructure to compromise…
Drift Protocol has urged its users to halt all deposits due to unusual activity, explicitly stressing that this is not an April Fools’ joke. This comes after on-chain analytics accounts like Lookonchain reported a massive exploit, with over $270 million in assets being suspiciously drained and transferred to a single wallet. “Drift Protocol is experiencing an…