June 2022

Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

Leave a Comment / Cryptocurrency / Forks Daily

The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance. Weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance (DeFi) are resulting in the “crypto equivalent of quantitative tightening,” Morgan Stanley (MS) said in a report Tuesday. The recent […]

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Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

Leave a Comment / Bitcoin News / Forks Daily

A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider. Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small boost, the

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Elon Musk says an IPO of SpaceX’s Starlink satellite internet business is still 3 or 4 years away

Leave a Comment / Business, Stock market / Forks Daily

KEY POINTS Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned. The latest timeline signals another IPO delay and comes despite repeated questions from a variety of investors over the years about owning a piece of SpaceX. Musk

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24% American Households Purchased NFTs or Crypto, Study Shows

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

Leave a Comment / Top Alt Coin News / Forks Daily

15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen

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Multicoin Capital Partners With Bitwise and Matthew Ball for Metaverse Crypto Index, Fund

Leave a Comment / Metaverse / Forks Daily

The index fund will include up to 40 metaverse-related crypto assets. Multicoin Capital has started a metaverse-focused crypto index in a new partnership with digital asset management firm Bitwise and venture capitalist Matthew Ball. The new Ball Multicoin Bitwise Metaverse Index will include up to 40 crypto assets and a corresponding fund tracking the performance of

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CertiK shares security tips following third BAYC security compromise in six months

IRA Financial Trust Files Lawsuit against Gemini for $36m Crypto Hack

Leave a Comment / Cryptocurrency, Regulation / Forks Daily

IRA Financial Trust (IRA), a major platform for self-directed retirement and pension accounts, announced on Monday that it has filed a lawsuit against Gemini crypto exchange for its alleged role in the breach of customers’ retirement accounts. The institution has been providing its customers with exposure to cryptocurrency via integration with the Gemini exchange. In February,

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London Metal Exchange hit with two U.S. lawsuits over nickel trading chaos

Leave a Comment / Eastern Europe, Western Europe / Forks Daily

KEY POINTS Jane Street Global Trading filed a judicial review claim in the English High Court on Monday, a memo from LME-owner Hong Kong Exchanges and Clearing (HKEX) confirmed. The filing from the U.S. market maker comes just days after hedge fund Elliott Associates filed a suit for $456 million relating to the same chaotic

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Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

Elon Musk says an IPO of SpaceX’s Starlink satellite internet business is still 3 or 4 years away

24% American Households Purchased NFTs or Crypto, Study Shows

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

Multicoin Capital Partners With Bitwise and Matthew Ball for Metaverse Crypto Index, Fund

CertiK shares security tips following third BAYC security compromise in six months

IRA Financial Trust Files Lawsuit against Gemini for $36m Crypto Hack

London Metal Exchange hit with two U.S. lawsuits over nickel trading chaos

3 NFTs To Watch

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