Deflation, Concerns of Risk Assets & SEC Trouble for Cryptos
Higher interest rate rumours lead to market woes, whilst emerging market bonds outperformed. The dollar strengthens but oil prices rise and gold prices fall. China's economy showed signs of slowing recovery with falling prices and exports.
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Top Crypto Stories This Week: From Trump Support to FTX Wins
The crypto community has found solace in the industry's most notorious (former) exchanges, FTX, and America's most divisive (former) President, Donald Trump
Donald Trump Hypes Crypto as Joe Biden "Kills" Crypto
"If you're in favor of crypto, you'd better vote for Trump," says Trump, while Cardano founder Charles Hoskinson calls Biden's approach to crypto "Operation Chokepoint 2.0."
DCG Reports 51% Revenue Jump Despite Grayscale Bitcoin ETF Outflows
Grayscale's $17.4 billion outflows from its Bitcoin ETF didn't stop parent group DCG from seeing its revenue jump 51% YoY
Singapore to Offer Spot Crypto ETFs Through Harvest Global, MetaComp Alliance
Through MetaComp's "Camp by MetaComp" platform, Singaporean investors will gain access to Harvest's crypto ETF offerings.