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Fear and Greed Index Pulls Back After Touching 'Greediest' Level Since Late 2021
A chart from alternative.me shows that the crypto Fear and Greed index dipped to 59 on Tuesday, sliding from a nearly 18-month high of 68 reached one week ago. Readings above 50 indicate that market sentiment has moved into the "greed" stage. "All About Bitcoin" host Christine Lee breaks down "The Chat of The Day."

How CFTC-Binance Lawsuit Could Impact Bitcoin; Binance’s BUSD Stablecoin Suffers $500M in Outflows
In the wake of the heightened regulatory uncertainty, some observers expect bitcoin to revisit the former resistance-turned-support near $25,000. Plus, data from CryptoQuant shows that Binance USD (BUSD) endured over $500 million in outflows in the roughly 24 hours since the CFTC filed a lawsuit against the crypto exchange and CEO Changpeng Zhao.

Bitcoin Bounces Back Above $27K Amid Regulatory Uncertainty
Bitcoin (BTC) is bouncing back above $27,000 as crypto traders react to the CFTC's lawsuit against Binance and its CEO, Changpeng Zhao. XBTO Group head of trading Paul Eisma shares his analysis. Plus, a closer look at how the Federal Reserve's attempts to limit the banking sector crisis while balancing looming inflation concerns could impact the crypto markets.

Hacker Behind Euler Finance’s $200M Exploit Returns More Funds
The attacker behind Euler Finance’s $200 million exploit returned more funds to the protocols and seemed to apologize in a series of messages sent on the blockchain. “Jacob here. I don't think what I say will help me in any way but I still want to say it. I f**d up,” the attacker said in a message encoded in a transaction, as blockchain data apparently shows.

XRP Touches Five-Month High as Some Point to Bitcoin Commodities Mention
XRP tokens surged as much as 8% over the past 24 hours following a U.S. Commodity Futures Trading Commission (CFTC) filing against prominent crypto exchange Binance. However, a part of the bullish outlook came as some in the community said the classification of major tokens as a commodity in the CFTC filing against Binance could mean XRP tokens were, too, commodities instead of a security, as alleged by the U.S. Securities and Exchange Commission (SEC) in the ongoing Ripple v. SEC case.

Disney Lays Off Metaverse Team
Disney is in the process of laying off 7,000 staff in an attempt to control costs and develop what CEO Bob Iger calls a "streamlined" business. The cuts include its entire 50-person metaverse team. "The Hash" panel discusses whether or not this is a significant setback for corporate adoption of Web3.

Binance CEO Calls CFTC Lawsuit an ‘Incomplete Recitation of Facts’
In a blog post Monday, Binance CEO Changpeng "CZ" Zhao said that the company did not agree with the characterization of many of the issues alleged in the CFTC's complaint and touted the exchange’s compliance technology. "The Hash" panel discusses CZ's response and the implications for the broader crypto industry.

XRP Touches Five-Month High, Bucking Market-Wide Decline
XRP tokens surged to a five-month high in the past 24 hours to buck a market-wide decline following a U.S. Commodity Futures Trading Commission (CFTC) filing against Binance. However, a part of the bullish outlook came as some in the community said the classification of major tokens as a commodity in the CFTC filing against Binance could mean XRP tokens were, too, commodities instead of a security, as alleged by the SEC in the ongoing Ripple v. SEC case. DFD Partners President Bilal Little shares his analysis.

Former CFTC Chair on Crypto Derivatives, Stablecoin Regulation
"I worry sometimes that regulators, instead of trying to set up a regulatory framework, will cause activity to move offshore in ways that make it harder to regulate," said Timothy Massad, former CFTC chair and Harvard Kennedy School research fellow and digital assets policy project director. Massad also discusses his outlook for U.S. regulation following the U.S. Commodity Futures Trading Commission suit against prominent crypto exchange Binance and its founder, Changpeng Zhao.

Judge Puts Voyager Sale to Binance.US on Pause Pending Government Appeal
A federal judge paused Voyager's efforts to sell its assets to Binance.US in response to the U.S. government's filing for an emergency stay. "Upon consideration of all parties’ written submissions, as well as the conferences and oral argument held in this matter, the Government’s emergency motion is hereby GRANTED. An opinion setting forth the reasons for this ruling will issue shortly," the ruling said. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
