SEC reissues crypto ‘FOMO’ warning
By TOM MITCHEL HILL Social media users have pointed out that the regulator’s “no go to FOMO” warning comes amid heightened anticipation over spot Bitcoin ETF approvals. One of the first appearances of the “Say no go to FOMO” blog post came on Jan. 23, 2021, amid a roaring crypto and equities bull market that saw Bitcoin, Ether ETH tickers down and many other altcoins reach new all-time highs by November 2021. The warning was issued...
Arthur Hayes Foresees 30% Bitcoin Crash Amid ‘Vicious Washout.’ Here’s Why
Depletion of the Fed’s reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said. Bitcoin could plunge 20%-30% in the rout but would quickly rebound, Hayes predicted. While crypto investors are fixated on an imminent spot bitcoin exchange-traded fund (ETF) decision that could propel BTC’s price even higher, Arthur Hayes, the chief investment...
PancakeSwap To Reduce Maximum Token Supply by 40%
https://thedefiant.io/pancakeswap-to-reduce-maximum-token-supply-by-40
Judge rules Terra ‘stablecoin’ and other tokens are securities
Story by Leo Schwartz A federal judge sided with the U.S. Securities and Exchange Commission in a closely watched crypto case on Thursday, ruling that four crypto tokens offered by the failed Terraform Labs company—including UST and LUNA—constituted unregistered securities. As the crypto industry battles regulators over how to classify digital assets, the decision is a setback for the sector’s interpretation of securities law and a departure from a separate decision by a different judge in the Southern...