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Bitcoin Drops Below $22K as Kraken Agreement to Close US Crypto Staking Operations Spooks Investors
The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service.
Cross-Chain Protocol Stargate Finance’s Token Surges by Double Digits on Trader Joe Partnership
The Stargate DAO also passed a token re-issuance proposal following security concerns tied to an entanglement with Alameda Research; bitcoin and ether trade slightly in the red.
Blockchain-Based Render Network Token Rising After Community Vote for New Burn-and-Mint Model
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network.
Bitcoin Favored Over Ether by CME Traders So Far This Year, Arcane Research Report Shows
Open interest in bitcoin futures on the Chicago Mercantile Exchange has risen while ether’s has declined, according to an Arcane Research report.
Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps
Ether also traded sideways to change hands at about $1,635. Equities declined.
Options Automated Market Maker Lyra Deploys to Arbitrum Network
With the Newport upgrade, Lyra is now integrated with GMX perpetuals, allowing users to benefit from improved capital efficiency and user experience.
Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and 3.4%; ether rose 3% at one point Thursday a day after unexpectedly moderate comments from Fed Chair Jerome Powell.
Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
Investment firm Cherokee Acquisition is offering the options, which will allow account holders to recover 100% of their assets in the event the major exchanges file for bankruptcy and lock customer assets.
Bitcoin Blasts Through $23.5K as Powell Speaks Following Fed Rate Hike
The U.S. central bank earlier Wednesday lifted its benchmark interest rate 25 basis points.
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.
