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Happy Tuesday Folks! Bitcoin is trading up at $42,913.75. The struggle continues and the bands move closer together which is a recipe for a breakout or breakdown; which will it be? Let's get on with the news...

SUMMARY

Yesterday, $700M net inflows as BlackRock and Fidelity gains offset GBTC outflows.(3) Today, Haru Invest execs were arrested in South Korea on embezzlement charges.(2)

Bitcoin price is consolidating above the $42,250 support zone. BTC could start a decent increase if it clears the $43,000 and $43,400 resistance levels; if it does Tone Vays says he will get super bullish. However, is the price being held down by miners selling? Michael Sonnenshein, CEO of Grayscale, is urging regulators to approve options for Spot Bitcoin ETFs.

You can now use your .com domain as your ETH address with GoDaddy and ENS. Solana outage causes a 4% dip in $SOL.(2) There appear to be a lot of $DOGE HODLers and wallets are soaring at fastest rate in its history.(2) Robinhood integrates MetaMask for self custody.

It appears that a new service, costing $15, is allowing the generation of fake KYC ID to fool exchanges which could help hackers and scammers.(2) Janet Yellen continues to call for legislation on Crypto.(2) DCG is objecting to the Genesis bankruptcy plan saying it favors some creditors.(2)

AFTERNOON

SEC has delayed the Invesco & Galaxy Spot $ETH ETF application, however $ETH is on a tear and might make it back to $2.7K.

WATCH

LISTEN

Podcast of the Day: Preston Pysh - The Fearless Cadet: Lessons from West Point, Bitcoin & Fighting FinCEN's Rights Violations | The Bitcoin Matrix