Analysis
Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
The intersection of AI and crypto has everyone riled up, but there is little agreement on what is its best iteration.
Bitcoin is down to one-month lows, and BTC price predictions are tending to assume worse is to come — how much lower can bears manage?
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
While FedNow is currently not tied to any initiative for a digital U.S. dollar or the crypto space in general, experts warn that the system might end up as a precursor to the infrastructure for a central bank digital currency.
Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role, according to analysts.
While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story
- 07:55Jack Yi, Founder of LD Capital: Favoring ETH Is a Trend in Investment and Research, Black Swan Events Are a Normal Financial PhenomenonJack Yi, founder of LD Capital, posted on X, stating: Being bullish on ETH is a matter of trend investing and research. Sudden black swan events are a normal phenomenon in finance. Someone once warned me to be mindful of war, and I didn’t expect Israel to act so decisively. I hope world peace is not just an empty slogan. After the turmoil subsides, I remain bullish on ETH and will continue to hold spot positions. Previously, Jack Yi posted a bullish outlook on ETH, noting that there are $1.3 billion in CME short positions, $1 billion in AAVE shorts, and at least $3 billion across various exchanges, totaling $5 billion in ETH short positions that could be forced to cover. In a short squeeze scenario, ETH reaching $3,000, $3,500, or even $4,000 is highly possible. This is the core reason for buying 100,000 ETH options.
- 07:32SlowMist Cosine: Frequent Cryptocurrency Security Incidents, Single-Week Highest Loss Exceeds $6.5 MillionAccording to SlowMist founder Cosine, several major cryptocurrency theft incidents targeting individual investors occurred over the past week. Among these, there were two cases with losses exceeding $1 million each, one case with losses over $2 million, and the largest single loss reached $6.5 million. Smaller-scale thefts happened even more frequently, though specific figures were not disclosed.
- 07:32Christopher Hui: Hong Kong and Norway’s Collaboration Can Redefine Global Digital FinanceChristopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, stated during his visit to Oslo, Norway, that Norway is a highly digitalized economy that has been actively promoting mobile payment systems, blockchain technology, and digital asset management. Meanwhile, Hong Kong is home to around 1,100 fintech companies and startups. By combining Norway’s technological innovation with Hong Kong’s accessibility to the Asian market, collaboration between the two regions is expected to drive cutting-edge solutions and redefine digital finance on a global scale.