Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
Bitcoin’s market share of all cryptocurrencies rises to highest since April 2021.Source
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Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project
The email from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.Source
Bitcoin ETF Hopes Push Grayscale’s GBTC Discount to Narrowest Since 2021
The fund’s shares have traded at a discount to NAV since December 2021.Source
Why Power Is Passing to Courts to Make US Crypto Policy
Congressional inaction, the decline of the Chevron doctrine, and regulation by enforcement are decentralizing policy-making power over emerging technologies like blockchain and AI, says Michele Neitz.Source
Reddit-Based Tokens Plunge on Report of Wind Down of Community Points
MOON, BRICK and DONUT are each lower by 60%-90%.Source
Why Binance, Coinbase, Ripple and Other Crypto Firms Cite the ‘Major Questions’ Doctrine During Legal Imbroglios
Binance, Coinbase and Ripple are just some of the firms that have tried to apply an ill-defined legal doctrine meant to curb overzealous regulators.Source
Sui Foundation Calls Report of Supply Manipulation ‘Materially False’
SUI, the native token of the blockchain that was built by former Meta (META) employees, has tumbled by 5% on Tuesday after the community raised concerns over whether the team had been selling staking rewards on Binance.Source
BC Technology Denies Report of $128M Crypto Exchange Sale
Firm calls report by Bloomberg “factually inaccurate and highly misleading.”Source
Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.Source
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI DataSource