XRP and DeFi TVL Fall Sharply
ALSO: Will SBF’s “Blame the Lawyers” Strategy Work? | Aug. 23, 2023 The biggest crypto news and ideas of the day Were you forwarded this newsletter? Sign up here. Don’t want this newsletter? Unsubscribe Supported By Welcome to The Node! This is Ben Schiller, filling in for Daniel Kuhn, to take you through…
Read Moređź“Ś Choosing Altcoins… and Coinbase Tries Squaring a Circle
#283 August 23, 2023 Good afternoon. The day after our last issue, bitcoin flash crashed, plummeting below the $26,000 mark. As a result, investors quickly got spooked, leading to $1 billion in liquidations across the market. People blamed soaring bond yields and the prospect of “higher-for-longer” interest rates… Evergrande, a big China property…
Read MoreBitcoin ETF odds 🎲
View in browser In Partnership With Optimism that the SEC would approve a spot Bitcoin ETF—there are several—has died down, along with the hype. But Marathon Digital CEO Fred Thiel told Decrypt he still puts the odds at “better than 50/50.” Meanwhile, he’s confident an Ethereum futures ETF could get the green light in October. But institutional investors…
Read MoreOn Bitcoin and Argentina
An election with something to say about BTC | August 23, 2023 Insights and analysis for the professional investor Was this newsletter forwarded to you? Sign up here. Supported By Welcome to Crypto Long & Short! This week, CoinDesk Indices’ Todd Groth travels (rhetorically speaking) to Argentina and Turkey. Then, Jeff…
Read More