BitDigest March 25 · Issue #622
- Pricing for the REBEL coins inched downward overnight but the total market cap of all digital assets inched up
- The CFTC issued final interpretive guidance on delivery (from the seller to the customer) of digital assets
- A US Court has ruled against Telegram issuing an injunction on their delivery of Gram tokens to early investors
The Headlines
CFTC Issues Guidance on Actual Delivery for Digital Assets
ASX Delays Blockchain Implementation Due to Coronavirus
China Completes Development of Digital Yuan and Focusing on Legislation
Russia Looking to Develop Fintech Sandboxes
US Court Prohibits Delivery of Telegram Tokens
Mt. Gox Trustee Holding Meeting Today
Brave to Offer Trading Directly in Browser
Sygnum Bank Launches Swiss Franc Stablecoin
Exchange, Custody and Product News
Bitfinex Releases Proprietary Exchange Monitoring Tool
Thoughts on the Ecosystem
Bitcoin Should Rally Now
Reports you may have missed
The crypto market is pulling back from its recent surge, with $BTC falling below $65,000, $ETH trading under $3,200, and $SOL fighting to stay above $150. As expected, altcoins are also generally declining, although a few notable performers are scattered across the market. Currently, $BONK and $WIF, two prominent memecoins on Solana, are showing resilience, up 12% and 6%, respectively. Additionally, $HBAR initially doubled in price following reports that Blackrock...
Blockchain Association Sues the SEC, Cosmos Patches Potential Reentrancy Vulnerability
U.S. Treasury rates and the DXY (-0.46%) are sliding today following weaker-than-expected S&P Flash PMI data, helping catalyze a 1% rally in equity indices. Manufacturing PMI came in at 49.9 vs. 52.0 expected, and Services PMI read 50.9 vs. 52.0 expected. Bitcoin miners have benefited as rates retreat and transaction revenue remains elevated, with $RIOT, CLSK, and $MARA showing weekly gains of 26%, 16%, and 14%, respectively. Crypto assets are mixed with BTC-0.94% ...
After significantly outperforming equities leading up to its halving event on Friday, BTC-0.94% continued its upward trend over the weekend, now trading just below $66k. ETH-0.80% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL-2.91% , meanwhile, has continued its strong rebound from the recent price slide, reaching $156 yesterday, currently trading slightly below that level. The crypto market is broadly performing well...
Happy Halving Day to all. It has been another volatile 24 hours for crypto markets, with war-related headlines sending risk assets lower overnight. BTC-0.94% briefly dipped below the $60k mark but has since recouped all its losses and is now trading above $64k. ETH-0.80% followed BTC's initial drop, trading below $2900 last night, but it has now rebounded to above $3000. SOL-2.91% has shown remarkable resilience amid the turmoil, now...