Crypto regulation is coming, but Bitcoin traders are still buying the dip
The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish.
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Avalanche eyes 60% rally as AVAX price breaks out of bull flag
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio.
Tether lauds Myanmar shadow government for making USDT an official currency
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
Markets rally after FOMC meeting, but Bitcoin bears still have a short-term advantage
Bitcoin, altcoins and stocks rallied shortly after the Fed laid out its policy roadmap for 2022, but bears still have an advantage in this week $755 million options expiry.
Data suggests traders view $46,000 as Bitcoin’s final line in the sand
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.
Myanmar shadow government declares stablecoin USDT an official currency
The NUG finance minister said Tether use would enhance trade speed and payment efficiency.
Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny.
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