First Mover Asia: Crypto Platform Freeway's Lack of Transparency Should Have Been a Red Flag

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First Mover Asia: Crypto Platform Freeway's Lack of Transparency Should Have Been a Red Flag
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Major DeFi projects post their code on GitHub and provide clear information about themselves thesamreynolds reports. PLUS Bitcoin (BTC) heads for its biggest monthly gain since July, writes liqquidity

"While bulls might be newly inspired, prices may not be in the clear," the Coinbase analysts wrote."We don't believe the investment narrative has necessarily changed."

Crypto traders, along with counterparts in traditional finance, will be looking ahead to the Federal Reserve's next monetary-policy meeting, set to conclude Wednesday. Based on pricing from the CME exchange, traders in futures contracts on federal funds are almost certain the U.S. central bank will raise interest rates by 75 basis points this week, but there's growingThis week also will bring the U.S.for October, set to be released by the Labor Department on Friday.

"With the macro backdrop still in flux, it remains to be seen whether this rally will continue," Greg Cipolaro, head of research for the bitcoin-focused investment firm Nydig, wrote Friday.

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