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Markets
Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals
The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.

Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony
The crypto-friendly bank announced earlier this month that it was a “victim” of the failed crypto exchange.

Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation
Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases.

First Mover Americas: Bankman-Fried Arrested in Bahamas
The latest price moves in crypto markets in context for Dec. 13, 2022.

Bitcoin Hits One-Month High Ahead of US Inflation Data
Bitcoin's dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.

Cumberland Favors Bitcoin Option Trades to Profit From US CPI
Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen.

Crypto Markets Today: Binance a Target of Federal Probe
The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.

Atypically Bearish Early December Bodes Poorly for Bitcoin Investors
Bitcoin investors have historically seen gains in December before prices fall in January, but this month so far has been a downer.

First Mover Americas: Cathie Wood’s Ark Buys More COIN; Do Kwon is in Serbia
The latest price moves in crypto markets in context for Dec. 12, 2022.
