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Latest from Sam Reynolds
First Mover Asia: Bitcoin Has Its Eyes on $30K Amid Steadfast Institutional Interest
ALSO: Smart contracts crypto lending platform Aave has continued its year-to-date momentum this month. The version 3 (v3) blockchain’s total value locked (TVL) has surged 15% in June to $1.76 billion, data from blockchain analytics firm DefiLlama shows.
Alibaba's New Chairman Will Be Crypto-Friendly Joseph Tsai
Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.”
First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst
The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.
First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions
The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country.
Professional Investors Still Have an Appetite for Digital Assets: Survey
A survey by Nomura’s digital asset subsidiary shows that investors overwhelmingly say digital assets represent an important diversification opportunity.
Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook
Total crypto market capitalization rose, with dogecoin (DOGE) leading gains among major tokens.
U.S. Court Will Rule on Terraform Labs' Push to Dismiss SEC Lawsuit Within a Month
Terraform Labs' lawyers argued UST was not a security because it was designed for commerce, rather than as an investment.
First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle
A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.
USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance.
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
