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POL Contracts Go Live on Ethereum Mainnet as Part of Polygon 2.0

POL token will power every blockchain that runs atop the Polygon network.

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Author: Shaurya Malwa

Crypto Fear & Greed Index Hits Highest Since November 2021

The index, coupled with an overbought reading on the RSI indicator, suggests bitcoin’s bull run might take a breather.

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Author: Omkar Godbole

Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart

Options also include a sale of the exchange, which boasted 9 million users before going bankrupt.

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Author: Shaurya Malwa

Sam Bankman-Fried’s Defense May Depend on Character and Fact Witnesses

Sam Bankman-Fried’s defense presentation won’t kick off until later this week, but it’s already clear his defense may hinge on one key witness: himself. That’s according to Kevin O’Brien, a partner at Ford O’Brien LLP and a former assistant U.S. attorney who specializes in white collar criminal cases.

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Author: Elizabeth Napolitano, Nikhilesh De

Bitcoin’s Surging Perpetual Funding Rates Make Arbitrage Trades Attractive

The funding fee arbitrage involves selling perpetual futures while simultaneously buying the cryptocurrency in the spot market. The strategy currently offers an annualized yield of over 10%.

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Author: Omkar Godbole

Bitcoin’s Rise Fuelled by U.S. Investors Buying Ahead of Potential Spot ETF Approval: Matrixport

While most cryptocurrency owners are based in Asia, the buying power of U.S. traders is much bigger, the report said.

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Author: Will Canny

Bitcoin Spot ETFs Could See Inflows of $14.4B in First Year, Galaxy Says

An ETF could be a better investment vehicle for investors compared to currently offered products, such as trusts and futures, which hold over $21 billion in value, the fund said.

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Author: Shaurya Malwa

Trader Who Called Last Year’s Crypto Crash Covers Bearish Altcoin Bets

I am not buying yet, just closing loss-making short positions in AAVE, SOL, CRO and TRX, Capo said, having predicted last year’s market meltdown.

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Author: Omkar Godbole

Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day

Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.

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Author: Sam Reynolds

Coinbase Says SEC is Attempting to ‘Redefine Definition of an Investment Contract’

Coinbase argues in a new filing that the Securities and Exchange Commission is attempting to control all investment activity and define its own regulatory ambit.

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Author: Sam Reynolds


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