Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.
ArkotNews
Decentralized Wireless Project Helium Begins Move to Solana Blockchain
The change aims to make Helium faster and cheaper to operate.
Ether Capital CEO: Shanghai Upgrade Likely to Be 'Nonevent' on ETH's Price
The upgrade may in time attract a new group of investors, Brian Mosoff, said.
Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.â€
Avalanche’s Cortina Upgrade Goes Live on Protocol’s Testnet; AVAX Token Rallies
The change improves support for exchanges and may bring faster development, Avalanche says.
How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights
In filing a “friend of the court†brief, the Blockchain Association argues that financial privacy is fundamental – even in the digital realm.
Ether Circles Above $1.9K as Shanghai Hard Fork Nears
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.
Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
HashKey has also expanded its OTC service by expanding its liquidity coverage and range of tokens in the spot market.
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.