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Trading
Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.

Crypto Markets See Largest Short Liquidations in 15 Months; Ether Leads Token Surge
Crypto exchange FTX saw some $500 million in liquidations alone, a larger-than-usual figure.

Crypto Game Axie's AXS Tokens Get Unlocked, Recipients Send $5.7M Worth to Exchanges
Axie Infinity released the first batch of 10 million previously restricted tokens to early investors and insiders, blockchain data shows. Crypto asset management firm Arca already deposited freshly-claimed AXS tokens to the FTX exchange – a move that sometimes indicates an inclination to dump.

Anyone Can Start a Hedge Fund: How On-Chain Credit Changes the Crypto Economy
Undercollateralized loans open crypto into new forms of financing, and could spur a wave of trading activity and capital formation.

Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits
Attackers have recently been exploiting DeFi protocols by manipulating thinly traded tokens and eventually draining liquidity.

Peter Brandt: BTC Will Hit All-Time Highs in 3 Years – but First, $13K
Bitcoin expects to chop a little, moving between $17,000 and $23,000 for the next year, Peter Brandt tells CoinDesk TV.

MakerDAO Members Support Founder's 'Endgame' Plan to Break Up into MetaDAOs, $2.1B of Transfers
Community members will move ahead with founder Rune Christensen's ambitious plan to break up the protocol into MetaDAOs.

Near Foundation Urges Winding Down USN Stablecoin, Funds a $40M Backstop
The foundation is setting aside the funds for a "protection programme," which it says is equal to the amount of a "collateral gap" associated with the undercollateralization of the USN project.

Dogechain Token Price Triples in 7 Days
The dogecoin-related project is getting pumped. It's not the first time. Community members are voting on a "great burn."

Outsmart Yourself: Become a Better Crypto Trader by Avoiding the Top Cognitive Biases
The DeFi Edge runs down four of the most mental hang-ups affecting crypto traders.
