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RWAs shouldn’t be for everyone
RWAs shouldn’t be for everyone

It’s not reasonable to expect someone who trades stocks on Robinhood to also have the ability to appropriately discern their risk with many RWAs

Blockworks·2024/02/15 23:40
Grayscale Bitcoin Trust’s (GBTC) Market Share Drops to 30%: Kaiko
Grayscale Bitcoin Trust’s (GBTC) Market Share Drops to 30%: Kaiko

After massive outflows, GBTC’s market share dropped to around 30% last week.

Cryptopotato·2024/02/15 22:55
Congressman Grills Treasury on Incorrect Reporting of Crypto Terror Financing
Congressman Grills Treasury on Incorrect Reporting of Crypto Terror Financing

Republican Congressman Tom Emmer has questioned the U.S. Department of Treasury Undersecretary about erroneous terrorism and financial intelligence reporting.

Cryptopotato·2024/02/15 22:55
Crypto money laundering activity down 29% from 2022: Chainalysis
Crypto money laundering activity down 29% from 2022: Chainalysis

Illicit addresses sent $22.2 billion worth of cryptocurrency in 2023, a 29.5% decrease from 2022, according to the latest report from Chainalysis

Blockworks·2024/02/15 22:15
Bitcoin is just 25% below its record high — but ‘layer-2’ Stacks is even closer
Bitcoin is just 25% below its record high — but ‘layer-2’ Stacks is even closer

DeFi on Bitcoin is all the rage right now and Stacks is positioned to benefit

Blockworks·2024/02/15 22:07
Gold ETFs Witness $2.4 Billion Outflows Amid Bitcoin ETF Surge
Gold ETFs Witness $2.4 Billion Outflows Amid Bitcoin ETF Surge

Analysts warn against viewing this as a broad move from gold to Bitcoin. Instead, they attribute it to FOMO in the U.S. equity market.

Cryptopotato·2024/02/15 21:07
Flash
19:11
Standard Chartered predicts Wall Street participation will drive Uniswap token price up nearly 40x
Standard Chartered predicts that Wall Street participation could drive the price of Uniswap token up nearly 40 times by 2030. (Decrypt)
18:57
Nomura points out that the US and Iran have reached a temporary agreement to both extend the ceasefire and reopen the Strait of Hormuz. This further reinforces the logic of selectively shorting the US dollar and highlights the rationale for seeking relative value opportunities in the foreign exchange market.
“The Strait of Hormuz is about to resume navigation, and this situation supports our strategy of selectively shorting the US dollar. Our focus will be on relative value trades driven by domestic factors.” This was stated in a research report released on Monday by Nomura strategists Craig Chan, Dominic Bunning, and Wee Choon Teo. It should be noted that there are still uncertainties regarding the follow-up of geopolitical situations and related agreements. Their impact on the foreign exchange market may fluctuate along with changes in the global macro environment and market sentiment, so related trading strategies need to be adjusted flexibly based on real-time dynamics.
18:48
Lockheed Martin has successfully secured a $514 million contract from the U.S. Space Force to provide support for the 23rd and 24th satellites of the GPS IIIF series.
This contract aims to strengthen the overall resilience and capability of the future navigation constellation, marking a solid step for the United States in maintaining its navigational advantage in the space domain. By deploying more advanced satellites, the system is expected to enhance the accuracy, security, and anti-jamming capabilities of positioning, navigation, and timing services, providing more reliable support for military and civilian users worldwide.
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