Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol’s ALPHA governance token. Alpha Finance Lab (ALPHA) experienced a price breakout on Feb. 25 as a series of significant partnerships has brought renewed interest in the cross-chain DeFi platform.  Data from Cointelegraph Markets and TradingView shows that following the announcements, ALPHA price surged to $1.78 but Bitcoin’s recent struggle to hold $50,000 as support led to a sell-off among altcoins and ALPHA currently trades at $1.31. ALPHA/USDT daily […]

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The NFT market continues to expand, with upcoming tokens based on a mainstream TV show. Curio, a platform which sells non fungible tokens, is helping to bring to life NFTs based on the TV series American Gods. The show is based on a novel of the same name by author Neil Gaiman.  “We are working with Fremantle on creating officially licensed digital collectibles for the hit TV show American Gods, which airs on STARZ in the U.S. and Amazon Prime Video internationally,” Curio’s CEO, Juan Hernandez, told Cointelegraph, […]

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Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note One day in the not-so-distant future, the curious experience of episodic television with its week-by-week gaps will be a weird thing that old people strain themselves not to talk about around the youths, until they eventually get, like, really old and stop caring and start turning all of […]

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The Risk Alert seemed to take particular aim at broker-dealers, who have been “inadequate” in their AML compliance. The Security and Exchange Commission’s Division of Examinations published on Friday a blueprint for investment managers and institutions on how the division will inspect the handling of crypto assets, or “digital asset securities,” moving forward.  The division (formerly the Office of Compliance Inspections and Examinations) is the second-largest wing of the SEC and is tasked with overseeing securities industry players to ensure regulatory compliance. Targeted toward investment advisors, broker-dealers, […]

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Cardano is soaring, though ADA price still has a long way to go to beat its record high vs. Bitcoin. Cardano (ADA) received a fresh wave of optimism and buying volume on Feb. 26 that pushed the price of ADA to a new all-time high of $1.29, making Cardano the third-ranked cryptocurrency by market capitalization.  Data from Cointelegraph Markets and TradingView shows that ADA surged 27% from a low of $0.98 during the early trading hours on Feb. 26 to its new high at $1.29 on record […]

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With a number of mainstream entities buying into Bitcoin, what’s holding some back? In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin. This trend has not yet become the norm for most companies, however. Damien Vanderwilt, co-president of Galaxy Digital, believes security and taxes may be acting as deterrents for crypto investing.  “When we think about the conversations we have with corporates, and institutional clients, and any part of those constituencies considering investing in the sector, the first order problem […]

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Bitcoin and most major altcoins remain rangebound with the exception of Cardano. Every bull market witnesses periodic pullbacks, where the weaker hands sell anticipating a top and the stronger hands accumulate for the long term. Data from Coinbase Pro shows two large Bitcoin (BTC) outflows this week, suggesting that institutions are likely continueing to buy the current dip. Comparing historical data, on-chain analytics resource Whalemap, recently said that previous macro tops in Bitcoin in 2017 and 2019 coincided with thousands of large Bitcoin transactions worth $5-7 million. […]

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