Banking
Macro
Bitcoin holds steady as Consumer Price Index data comes in as expected
The price of Bitcoin showed indecision as consumer inflation data matched expected results, with MoM inflation negative for the first time since May 2020.
Crypto
CryptoSlate Daily wMarket Update: Ethereum posts 9 week high to lead the top 10 cryptos
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Crime
Nexo offices raided on allegations of financial crimes
Nexo is alleged to be involved with evading Russian sanctions and "appropriating" users' funds.
Research
Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call
Economists predict a slowdown in the pace of rate hikes, but questions linger over a full pivot, keeping pressure on risk assets for now.
Crypto
CryptoSlate Daily wMarket Update: AI narrative holds firm as SingularityNet leads top gainers
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Adoption
UK undeterred by FTX collapse, crypto hub objective stands
Member of Parliament Andrew Griffith told the U.K. Treasury Committee that the country should not backtrack on its crypto hub plans over the FTX collapse.
Exchanges
Korean tax authorities investigate Bithumb, subsidiaries
The National Tax Service opened a "special tax investigation" into Bithumb, including the individual Kang Jong-hyeon, who is alleged to be the company owner.
Tokenization
Flare crashes 83% following two-year delayed airdrop
Following a 60% fall in price prior to the airdrop on Jan. 9, the FLR airdrop triggered a further 20% dump in its price.
Crypto
CryptoSlate Daily wMarket Update: Large caps take a breather following pump
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Stablecoins
Op-ed: What happens to Tether, stablecoins in the event of dollar collapse?
Under the hypothetical situation of a dollar collapse, how might fiat-backed stablecoins fare?
Bear Market
Shorters get spanked as Bitcoin 2023 revival unfolds
Bullishness returns as Bitcoin recaptures $17,000, but doubts remain on whether this is the start of a bull market.
Crypto
CryptoSlate Daily wMarket Update: Monster gains for Gala and Zilliqa overshadow large caps
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.