Bitcoin Surges Above $59K as Bull Rally Continues
The “fear and greed” index reading is now at 87, a sign of “extreme greed.”
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Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund
Tokenized assets pioneer Centrifuge is linking its Anemoy fund to Finoa’s 300-plus crypto institutions.
Financial
Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving
An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.
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Falling Bitcoin-Ether Spread is Music to Altcoin Traders’ Ears
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve.
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Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi
Warren reiterated her disdain for the industry in an interview.
Financial
Sam Bankman-Fried Asks Court to Cut Prison Time to 63-78 Months
Bankman-Fried’s lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it “grotesque.”
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Man Who Laundered Billions in Bitcoins Says Bitcoin Fog Was a Help: Bloomberg
Ilya Lichtenstein, who pleaded guilty in the Bitfinex case last year, is now a U.S. witness who testified about his use of Bitcoin Fog and other mixers to hide loot.
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Uniswap’s 38% Advance Leads CoinDesk 20 Gainers Over the Past Week: CoinDesk Indices Chart Pack
Just four cryptos in the index outperformed Bitcoin’s 5.2% gain.
Financial
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
“Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth,” the firm said in a blog post.
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BlackRock Bitcoin ETF Heads for Second Consecutive Day of Over $1B Volume
Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.