tl;dr
MiCA shows its teeth to the benefit of us all. Australia sees the benefits of MiCA and its ability to attract tax dollars, and now wants a piece of the action.
Market Snap
Market Wrap
Perpetual futures funding rates turned negative overnight indicating that the leveraged shorts are perhaps a touch over their skis.
Occasional Series — Interregnum in Mongolia
My ger and teepee buddy Simon made his local newspaper after running the Mongol 100:
Each day I saw Simon at that day’s start line, then later on hanging out with a beer at camp with him having got to that day’s finish line literally hours before me.
Curious Cryptos’ Commentary — MiCA in action, and it’s beautiful to behold
The EU’s flagship crypto regulation MiCA — the global gold standard — is up and running, and has already made the world a better place.
The CCC has in the past been highly critical of the ENA (Ethana) ecosystem, and its stablecoin USDe in particular. Stablecoins should be backed…
