Crypto Rout Rises as Vitalik Buterin Advocates For Privacy in DeFi — TradingView News

The crypto market rout has intensified with heavy liquidation amid low liquidity. Although the Bitcoin BTCUSD price has rebounded above $70,000 on Monday, February 9, the derivatives market has signaled further weakness due to the falling Open Interest (OI) in the recent past amid a negative funding rate.

Fed’s Waller Blames Stalled Clarity Act for Low Crypto Adoption

According to Federal Reserve governor Christopher Waller, the stalled Clarity Act has led to low traction in crypto adoption in the United States and, by extension, globally. Waller stated that his plan for Fed Skinny accounts has not prevented lawsuits tied to the crypto industry.

As such, Waller concluded that the initial enthusiasm tied to President Donald Trump is…

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