• Bitcoin unhedged shorts are currently at one-year lows. • During the Luna and FTX collapse, unhedged shorts went parabolic due to the bearish sentiment in the crypto ecosystem. • Unhedged shorts remain at historical lows, indicating investors don’t want to bet against Bitcoin now due to its 70% year-to-dateContinue Reading
• Microsoft is testing a built-in crypto wallet for its Edge browser. • The wallet likely supports Ethereum, DAI, USDC and USDT. • Other browsers such as Opera and Brave have also integrated cryptocurrency features. Microsoft Testing Crypto Wallet Microsoft is testing a built-in crypto wallet for its Edge browser,Continue Reading
• The SEC issued a Wells Notice to Paxos, indicating that they are under investigation. • The Wells Notice is used by the SEC to outline potential charges and allows the respondent to submit a written statement. • The Wells Notice was given in reference to BUSD, Paxos’ stablecoin, allegingContinue Reading
• A survey conducted by Ripple and the U.S. Faster Payments Council found that 100% of respondents believe crypto and blockchain can result in benefits like efficiency and cost saving for the payments industry. • The survey also revealed that almost 90% of respondents said that further growth in cryptoContinue Reading
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