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Monthly Archives: February, 2023

Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection

Custodia Bank’s CEO says crypto will find its way into the traditional banking system and regulators could be playing ‘whack-a-mole’ years down the road. www.coindesk.com

Coinbase beats Q4 earnings estimates amid falling transaction volume

United States-based cryptocurrency exchange Coinbase has beaten revenue expectations for the fourth quarter of 2022 but continued to see its transaction volume decline.Net revenue...

Filecoin, Storj Tokens Outperform Bitcoin Amid Increased Use of Decentralized Storage Protocols

The utility FIL token jumped 62% over the past week. Decentralized storage protocols recently gained attention as their use has increased, an analyst said. www.coindesk.com

New York state announces another upgrade to its virtual currency monitoring capacity

The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the...

New Zealand January trade balance NZD -1.95bn (prior -636m)

High risk warning: Foreign exchange trading carries a...

Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking

The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of deposit tokens in United...

Ethereum derivatives data suggests $1,700 might not remain a resistance level for long

The price of Ether (ETH) rallied 18% between Feb. 13 and Feb. 16 but has since been range trading near the $1,700 level. Despite...

Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

According to a medium post on Feb. 20, the Interchain Foundation (ICF), a non-profit organization behind the creation of the Cosmos (ATOM) interblockchain communications...

Coinbase Q4 Revenue Beats Expectations, but Transaction Volume Falls 12% From Q3

The crypto exchange reported its fourth-quarter earnings on Tuesday after the close. www.coindesk.com

Iran Rations Euros As Fights Break Out Amid Rial’s Plunge to New Lows

Reuters Iran will limit the purchase of euros to 500 a year for air...

David Cicilline to Leave Congress for Nonprofit

The Rhode Island Democrat, who is in his seventh term, served as a manager in former President Donald J. Trump’s second impeachment trial. www.nytimes.com

Our data shows traders are now net-long US 500 for the first time since Jan 20, 2023 when US 500 traded near 3,970.24.

Number of traders net-short has decreased by 13.86% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUS 500BEARISH50.26%49.74%19.39% Daily32.29% Weekly-5.61% Daily-13.86% Weekly5.49% Daily4.45%...

Judge Rejects Bid by Sept. 11 Families to Seize Frozen Afghan Central Bank Funds

A lawyer for the lead group of victims’ relatives who had sought $3.5 billion to pay off the Taliban’s judgment debts said they would...

Mastercard to allow crypto payments in Web3 via USDC settlements

A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical and the Metaverse...

Renewed inflation-related concerns boost the US Dollar

What you need to take care of on Wednesday, February 22: The US Dollar stands victorious across the FX board as risk aversion led the way....

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