First Mover Asia: Bitcoin Enters ‘Extreme Greed’ Territory; Altcoins Rally

Good morning, Here’s what’s happening: Market moves: Bitcoin enters “extreme greed” territory. Technician’s take: Buyers could return on price dips into Asian trading session. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $67,293 Ether (ETH): $4,745 Market moves Bitcoin was roughly flat the past […]

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DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis

Decentralized exchanges (DEX) have grown massively since 2019, while the number of active exchanges – whether centralized or decentralized – has dropped in the same time period, according to Chainalysis’ latest report. This finding, which the blockchain data firm published Tuesday, showed that as cryptocurrency exchange competition has intensified, the crypto market – especially large, […]

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What FATF’s Latest Guidance Means for DeFi, Stablecoins and Self-Hosted Wallets

The Financial Action Task Force (FATF)’s long-awaited update to its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this update released, digital assets firms in the coming years are likely to encounter more clarity on anti-money-laundering and combatting the financing of terrorism (AML/CFT) regulations […]

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Circle Launches Venture Capital Fund for Early Stage Blockchain Projects

Circle, the digital currency company that jointly administers the USDC stablecoin with Coinbase, has launched the Circle Ventures fund to support early stage blockchain projects and companies. The fund doesn’t have a predetermined monetary amount, Circle told CoinDesk, and has already deployed initial capital. “Circle’s mission is to raise global economic prosperity through the frictionless […]

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Internet Deplatforming as Class Warfare

Here at CoinDesk, we use the term “crypto-adjacent” to categorize stories that aren’t about cryptocurrency or blockchains per se but illustrate the problems these technologies attempt to solve. By covering these stories, we are not necessarily claiming Bitcoin, crypto or blockchain “fixes this” (it may well not, given scaling and other challenges). But they disprove […]

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