UK Lawmakers Urge Lower Digital Pound Holding Limits
They also want the government to tweak plans to make sure the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.Source
TRX Trades at Premium on Poloniex as Arbitrage Lures Risk Takers
Tron’s native token [TRX] traded at a premium of up to 17% on recently-hacked exchange Poloniex over the weekend, creating a potentially lucrative arbitrage trade.Source
Coinbase, MicroStrategy Jump in Premarket Trading as Bitcoin Rallies
Bitcoin is trading at levels previously seen in April 2022, shrugging off a tough year marked by several implosions and regulatory clampdowns.Source
Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator
The release will be the second core product in the Mantle ecosystem, and comes just six months after the Mantle Network, a layer-2 network atop Ethereum, went live.Source
Institutional Traders Split Between Bitcoin, Ether: Bybit Research
Numbers from the exchange show institutional traders largely ignored altcoins in favor of perceived “safe” assets.Source
Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say
The “basis trade,” a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.Source
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.Source
Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels
The price of bitcoin hit $40,000 on Sunday for the first time in 18 months, while ether rose past $2,200.Source
U.S. Judge Warns SEC Over ‘False and Misleading’ Request in Crypto Case
A federal judge threatened to sanction the SEC’s lawyers after their “false” arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.Source