Coinciding with the FCA’s announcement of its stablecoin trial, Coinbase’s Brian Armstrong criticized the U.K.’s regulatory process, saying it puts the region's global crypto leadership at risk.
In this week’s Crypto Long & Short Newsletter, Gregory Mall of Lionsoul Global on how ETFs have shifted a growing share of bitcoin volatility into U.S. equity options markets.
The Fellowship political action committee promised $100 million, with reports that Tether may have been tied as a backer, but the fund has so far delivered zero.
The issuer of the USDC stablecoin posted EPS of 43 cents for the fourth quarter, beating the consensus estimate of 16 cents. The shares surged as much as 29%.
Richard Blumenthal sent Binance co-chief Richard Teng a letter asking him for records about the exchange’s dealings with Iran-linked entities and the alleged dismissal of its investigators.
Bitcoin rose as much as 3.7% overnight before paring gains, while altcoins outperformed and the altcoin season indicator hit its highest level since January.
Short interest in MSTR equals 14% of market cap, yet much of the positioning may reflect basis trades rather than outright bets on a continued decline.