BTC

Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’](https://www.coindesk.com/markets/2023/03/07/bitcoin-edges-above-22k-again-equities-struggle-after-fed-chair-powell-says-rates-are-likely-to-be-higher/))
Over 70% of traders now see the possibility of a 50 basis point rate hike at the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained rangebound.

What do you think?

Signature Bank, Stablecoins Might Benefit From Silvergate Exchange Network's Demise](https://www.coindesk.com/business/2023/03/07/signature-bank-stablecoins-might-benefit-from-silvergate-exchange-networks-demise/))
The bank’s exchange network, SEN, had a simple premise and played a crucial role from its inception in 2018 through its shutdown on Friday. Analysts and experts are handicapping what might fill the void.

SEC

Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules](https://www.coindesk.com/business/2023/02/14/former-sec-chief-counsel-says-agency-needs-to-make-clear-its-crypto-compliance-rules/))
“When the SEC tells us that something is not compliant, it’s not necessarily the same thing as telling us what they would consider compliant,” said TuongVy Le, a partner and head of regulatory and policy at investment firm Bain Capital.