VCs Backing Away, Regulators Jumping on Stablecoins

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

Good morning. Here’s what’s happening:

Prices: Bitcoin gains slightly in weekend trading but can’t break much beyond $30,000; ether and other major cryptos are in the green.

Insights: Terra’s post-collapse path will be difficult.

Technician’s take: BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.

Catch the latest…