U.S. Appeals Court Reverses Tornado Cash Sanctions
A U.S. appeals court reverses OFAC’s Tornado Cash sanctions... but that's not all that happened this week!
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U.S. Appeals Court Reverses Tornado Cash Sanctions
A U.S. appeals court reverses OFAC’s Tornado Cash sanctions. Celsius distributes $127m to creditors. Cantor Fitzgerald acquires a 5% stake in Tether, and Trump’s administration favors the CFTC for crypto regulation. In Trending Topics, we discuss Binance’s “reward-bearing margin asset” and Pump.fun making headlines.
Bitcoin reached just shy of $100k but has seen a sizeable pullback after MicroStrategy's recent 55.5k BTC purchase announcement. We see clear tendencies of traders attempting to buy the dip as leverage and yields head north. lg...more