New Zealand parliamentary report advises against hasty crypto regulation
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. Go to Source
Cryptocurrencies
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Crypto Stories: eToro co-founder Yoni Assia’s life in finance led him to adopt crypto early
Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform. Go to Source
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated. Go to Source
SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk
Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact amount of company’s holdings remain unknown. Go to Source
Shiba Inu’s Shibarium Network resumes block production after brief pause
The Shiba Inu project has opted to secure insurance coverage amounting to $2 million to address potential fund retrieval challenges upon the restart of Shibarium. Go to Source
2024 could be very bullish for crypto — Here’s why
This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm. Go to Source
Breaking: Coinbase to suspend USDT trading for Canadian users
Users will still be able to deposit and withdraw after the deadline, but trading will be suspended. Go to Source
FTX seeks $175M settlement with Genesis entities to resolve dispute
However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement. Go to Source
BIT Exchange enables XRP options trading, no need for ownership.
Profit and loss settlement will occur in USD, with OrBit Markets responsible for order book liquidity. Go to Source
Bitcoin and Ether now less volatile than oil: Report
Technical analysts suggest that months of low volatility is often followed by a big price move. Go to Source