If DBS were to launch a retail crypto exchange it wouldn’t look like what many retail traders are used to seeing. There would be a limited selection of tokens, and DeFi would be out of the question; BTC rises late. thesamreynolds and JPRubin23 report
Gold: $1,925 +0.2Bitcoin started the weekend quietly, but by late Sunday, the largest cryptocurrency by market capitalization had soared past $47,300 at one point, a 2.6% gain from 24 hours earlier. BTC, which had dropped below $46,000 early Saturday, was more recently trading at about $46,700.
Major altcoins were mixed, some rising and others falling slightly. Meme coin DOGE rose about 5% on at least one occasion from 24 hours earlier. DOGE alternative SHIB rose more modestly. Solana and Cardano recently rose 3% and 2%, respectively. Terra's Luna token was off about 2%.Crypto's late weekend surge veered slightly from major equity markets' performance on Friday, which did little more than hold ground from the previous day.
Meanwhile, the macroeconomic environment remained as unsettled as it has been since Russia invaded Ukraine five weeks ago. After pictures emerged of horrific civilian casualties in Bucha, a town near the Ukraine capital Kyiv, Germany's defense minister, Christine Lambrecht, said in a television interview that the European Union should consider halting Russian gas imports.
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