cryptonews911

Bitcoin's correlation with stocks has risen to alarming levels, according to some market analysts. View this email in your browser ...

ALSO: $36 million liquidated in ApeCoin futures trading, Three Arrows Capital relocates to Dubai and more | April 29, 2022 The biggest crypto news and ideas of the day  Was this newsletter forwarded to you? Sign up here .   Supported by   Welcome to The Node.    In today's newsletter: Lawmakers are introducing a bill for greater CFTC crypto oversight . Singapore's DBS Bank to woo institutional, not retail investors . And a Dubai-based crypto exchange to expands into Brazil .   – Daniel Kuhn   Today's must-reads Top Shelf CRYPTO COLLATERAL: Banking behemoth Goldman Sachs (GS) is following in the footsteps of other traditional investment giants and allowed a borrower to use bitcoin (BTC) as collateral for a cash loan, signaling Wall Street's further embrace of crypto.   Separately, in Singapore, financial firm DBS Bank will target institutional crypto rather than retail clients, reconfirming plans to back away from a planne...