Page 1343 – Stay sly and hodl

FLEX Token Rises 21% After CoinFLEX Restructuring Plan Approved

FLEX, the native token of the CoinFlex exchange, has risen by 21% after it emerged that a restructuring plan in the Seychelles had been approved.

Crypto Observers Look to Treasury Yields for Cues as Bitcoin Remains Comatose

Bitcoin may struggle to maintain current valuations if the U.S. government bond yields extend February rally, one trading firm said. Yields, however, have pulled back from multi-month highs ahead of

First Mover Americas: Grayscale Bitcoin Trust at Issue in Court

The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto

Dapper Removes ACH Withdrawal Option, Citing Circle

Wire transfer and USDC remain an option for Dapper users.

FTX Bankruptcy Special Counsel, Advisers Bill $38M for January

FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case.

Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles

Crypto services provider Matrixport suggests collecting premium by selling bitcoin call options and using the same to fund the purchase of ether calls.

First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns

A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable.

Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal

Judge Michael Wiles of the Southern District of New York questioned a U.S. Securities and Exchange Commission attorney over the agency’s concerns that Binance US may be operating an unregistered

U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight

As it stands, there’s no way for people to know which crypto firms they can rely on, said Michael Hsu, the acting head of the U.S. Office of the Comptroller

Tether’s USDT Stablecoin Market Share Rises to Highest Level in 15 Months

USDT’s market share among stablecoins surpassed 54% on Monday, the highest level since November 2021.