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Tom here.
Is it any wonder that Galaxy CEO Mike Novogratz sees Bitcoin hitting $100,000 before the end of the year?
Investors of all stripes are finding value in the technology.
DL News columnist Wolfgang MĂĽnchau, for one, explained how crypto, and specifically DeFi, could do to finance what Amazon did to books.
Not surprising, then, that businesses want in on the sector.
Retail trading platform Robinhood is acquiring Bitstamp, one of the oldest crypto exchanges.
Competitors Revolut, Stripe and PayPal have all announced new crypto-centric business plans recently.
Crypto isn’t just good for business: it helps US interests.
Republicans, in particular, love that stablecoins provide extra demand for US Treasury bonds.
Meanwhile, Congress is looking into tokenisation — how does it work, and do we need new regulation for it.
Another sign that institutions are increasingly crypto savvy. Expect that trend to continue.
This week, we learned that the CFTC has appointed Mo Shaikh, co-founder and CEO of Aptos Labs, to its subcommittee on digital assets.
Life is good!
Former FTX executive Ryan Salame was sentenced to seven years in prison. Ben, our newest addition to the team, wrote a profile of him.
BlackRock and speed trading firm Citadel Securities are backing a new stock exchange in Texas designed to challenge giants such as the New York Stock Exchange.
The European Union’s elections start on Thursday, and lawmakers key to crypto may lose their seats.
Post of the week
A technical glitch caused Berkshire Hathaway shares to briefly appear to be valued at $185 instead of $620,000 on Monday. Mayhem ensued in retail trading circles.
DL News is an independent news organisation that provides original, in-depth reporting on the largely misunderstood world of cryptocurrency and decentralised finance. From original stories to investigations, our journalism is accurate, honest and responsible.
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