The resilience of DeFi during the market downturn; Bitcoin drops close to €20,000


"Later this year, we will start phasing out Coinbase Pro to migrate all advanced trading to a unified Coinbase account, allowing customers to access popular features like betting, lending, dapp wallet, and Coinbase card from a single platform balance." . (Coinbase blog post)… “In recent years, we have seen other governments make real progress in establishing a central bank digital currency. The longer the US government waits to adopt this innovation, the the further we will fall behind in both foreign markets, governments, and the private sector. It is time for Congress to consider and move forward with legislation that would authorize a US CBDC. I hope this white paper contributes significantly to that dialogue. (Proposal from US Rep. Jim Himes for a USDC) ..."Central bank officials have made raising yields an explicit policy goal. Higher yields translate into higher borrowing costs for businesses and consumers, which should ultimately lead to less borrowing, reduced spending, and slower consumer price inflation." The Wall Street Journal). ..