The number of crypto employments jumped 351% to 82.2K from 18.2K in 2019 — link

FTX founder Sam Bankman-Fried to be released on $250 million bail — link

Thiel-backed Bullish scraps crypto SPAC deal set at $9 billion — link | archive

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FTX paid crypto bankruptcy lawyers $12 million for early work — link

OpenSea is actively delisting Cuban artists and users to comply with U.S. sanctions — link

Biden administration delays tax rules for crypto brokers — link | archive

The public Bitcoin mining companies collectively owe more than $4 billion — link

Fidelity files for metaverse trademarks in latest crypto push — link

This Friday 8 AM UTC, 142K $BTC are set to expire on Deribit with a notional value of $2.38 billion.

Max pain price $18,000, put/call ratio: 0.60

Ethereum max pain price $1400, $2.37 billion notional value, put/call ratio 0.26

Japan plans to allow local listing of 'foreign' stablecoins — link

1inch upgrades to offer gasless custom swaps and MEV protection — link

While macro has been the main driver behind crypto price action throughout most of the year, this changed after the FTX implosion. Correlations dipped to as low as 0.17 immediately following the collapse and have stabilized below 0.6.

Overall, despite briefly decoupling from US equities markets, crypto is not insulated from the broad macro backdrop.

FTX customers file class action to lay claim to dwindling assets — link

U.S. charges fraud in Mango crypto manipulation case — link

Bitcoin miner Argo will avoid bankruptcy with $100m bailout from Novogratz’s Galaxy — link