ArkotNews

The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.

ALSO: Asia-Based Traders Push Bitcoin Past $30K

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.

Washington’s “war on crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.

Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.

They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others.

It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.

The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.