Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February
Bitcoin (BTC) returned above $38,000 on Monday as bearish sentiment faded. The cryptocurrency was up 2% over the past 24 hours, versus a 4% rise...
Stablecoins Won Crypto Markets in January – With 0% Returns
In January, stablecoins were the place to be. Among cryptocurrencies with over $10 billion in market cap, the top four performers during the month were...
Unpacking Arizona’s Bitcoin Legal Tender Proposal
This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at a proposal moving through Arizona’s state...
What Is a SPAC? Your Questions Answered
What is a SPAC? The highlights: SPAC stands for special purpose acquisition company.A SPAC is a newly created shell company formed by a group of...
What Is an Automated Market Maker?
When Uniswap launched in 2018, it became the first decentralized platform to successfully utilize an automated market maker (AMM) system. An automated market maker (AMM)...
Diem Confirms Shutdown as Silvergate Acquires Assets
The Diem Association is shutting down. Silvergate Bank confirmed Monday that it's purchasing the technology and other assets from Diem, the stablecoin project from Meta...
NFTs, Celebrities and Perverse Deal-Making
Early last week, a viral clip from “The Tonight Show Starring Jimmy Fallon” began making the rounds on social media. In it, Fallon’s guest, the...
Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement to remove a provision in a U.S. House of Representatives bill giving the Treasury secretary the ability to block international crypto transactions has...
This Marathon Is Among the First IRL-Metaverse Mashups
Virtual sporting company Raramuri is hosting the first-ever marathon in the metaverse, where runners can earn digital rewards for running real-life miles. The in-browser event...
Indices
Digital Asset Classification Standard (DACS) The Digital Asset Classification Standard (DACS) was developed by CoinDesk Indices to provide a reliable, comprehensive, and standardized classification system...