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Follow Dat Money | Crypto Projections
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Happy Monday Folks! Over the weekend, there was endless news about SBF and him not being able to use the web in connection with the Robinhood situation; can we just not talk about him anymore?
Trending News Topics:
- Alameda/FTX Sue Grayscale (7)
- Binance tried to hire Gary Gensler (6)
- Singapore probes Terraform and Do Kwon (5)
BTC price ‘in the chop zone’ — 5 things to know in Bitcoin this week (Cointelegraph):
- Bitcoin price stays paralyzed after weekly close
- All eyes on Fed’s Powell as macro signals return
- Fundamentals set for yet more all-time highs
- Funding rates give cause for optimism
- Sentiment index hits 6-week lows
CRYPTO
Ripple Survey Says Overwhelming 97% of Payments Firms Believe That Crypto Could Facilitate Faster Payments. Coinshares reports fourth consecutive week of digital asset investment product outflows.(3) Texas Senator Ted Cruz Remains Crypto Believer. Head of $2,500,000,000 Coinbase-Acquired Crypto Fund Says Next Bull Market Will Be ‘Very Powerful.’ U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight.
BITCOIN & ETHEREUM
Bitcoin Flat as Crypto Winter Deepens and Bitcoin Bears Regain Upper Hand as Bullish Structure Falters. Bitcoin And Crypto Prices This Week: Mar 7, 8, and 9th Will Be Crucial. Does Bitcoin's Weekly Death Cross Pattern Call for Caution? Meanwhile, Bitcoin Is Stuck Between Silvergate and China. Bitcoin traders eye $19K BTC price bottom, warn of 'hot' February CPI. But.. this Active Addresses Bitcoin Metric Is Forming A ‘Triple Bottom.' Bitcoin Shorts Are Piling Up, Liquidation Squeeze Soon? Bitcoin price enters 'transitional phase' according to BTC on-chain analysis. Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?
President Bukele Explains How El Salvador Benefited From Legalizing Bitcoin. Is the IMF shutting the door prematurely on Bitcoin as legal tender? Mastercard launches Bitcoin card in the UK and EU. The Problem of Bitcoin Payments: What Happens When the Price Drops?
Critic Says Yuga Labs Bitcoin NFTs Auction Sets 'Really Bad Precedent.’(3) Bitcoin Miners Unfazed By ATH Difficulty As Hashrate Continues To Rise. Bitcoin Can Have Its Own Rollups - Or No? TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility.(2)
Technical discussions take center stage at Advancing Bitcoin conference in London. Prosecutors Accuse 50 Unlicensed Bitcoin ATM Kiosks For Aiding Crypto Scams. GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday.
Analysts Don’t Expect Withdrawals Post Shanghai Upgrade To Crash Ether Price. Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020.
At Northern Lightning 2023, Norway May Offer The Wildest Bitcoin Experience Yet
STABLECOINS
Tether Responds to WSJ FUD Regarding Falsified Bank Documents. Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months. Binance is mitigating its stablecoin needs after $BUSD ban by using $TUSD. Exchanges See Large Stablecoin Inflows, What Does It Mean For Bitcoin? Stablecoins have plentiful machine-payment use cases in absence of euro CBDC.
ALTCOINS
Cardano Price Analysis and 80% of Cardano Holders Suffer Losses.(4) Crypto Analytics Firm believes Dogecoin Is ‘Impressive’ because it falls less than all other Altcoins. Dogecoin Drops 10% on the Week as Elon Musk Turns Attention to AI. AI predicts Polygon price for the end of 2023. Solana Kept Investors' Interest Last Week, Fund Flows Resume. Next Litecoin Halving Happens In 150 Days, Here’s How It Could Affect LTC Price.
EXCHANGES
Binance In Hot Water As Documents, Texts On Alleged Plan To Evade Regulations by hiring Gary Gensler Comes To Light.(6) Former SEC Attorney Warns Binance Will Face “Inevitable” Bank Run. Bybit introduces Mastercard-powered debit card days after halting USD transfers.(5) Kraken is on track to launch bank 'very soon' despite regulatory 'weird place.'(4) 21.co CEO Sees ‘No Material’ Impact on Bitcoin Following Silvergate’s SEN Platform Closure. White House Is 'Aware of' Silvergate Situation, Spokesperson Says.(3) Galaxy Digital has excess capital after acquisitions, needs to get them right before spending again.
LEGISLATION/REGULATION
Elizabeth Warren Demands Answers From Binance CEO Changpeng Zhao Regarding Crypto Exchange Finances. Australian Crypto Regulations Likely to Be Delayed Until Mid-2024.(3) Cutting Off Access To USD For Crypto Firms Is Deliberate, Matrixport. Binance, Kuna Confirm Ukrainian Bank Cards Transaction Suspension In Hryvnia. Ethereum at Risk: What Happens if the SEC Rules It an Unregistered Security?
LEGAL CASES
Singapore Police Launch Probe into Terraform Labs and Its Fugitive Founder, Do Kwon.(5) Ripple Defense Stronger as SEC Lawsuit Enters 800 Days, Community Believes. Judge In Ripple Case Is Not Part Of ‘Deep State,’ Contradicts Lawyer. SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud.(2) Voyager Denies SEC Claims VGX Token Is a Security as Binance.US Decision Looms. Voyager Bankruptcy Judge Stops SEC From Punishing Executives for New Cryptocurrency.(3) FTX Bankruptcy Examiner Denial Appealed by U.S. Government. Alameda/FTX Sues Grayscale and DCG to Allow Redemptions, Reduce Fees.(7) US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examiner.
ATTACKS/HACKS/SCAMS
SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam.(3)
WATCH
LISTEN
Podcast of the Day: 160 - The Smart Money is Here with Eric Peters | Bankless
Other Podcasts
- Kraken's Chief Legal Officer: Banks are shying away from taking on crypto customers | The Scoop
- Crypto’s Center of Gravity Is Shifting Away from the U.S. | The Breakdown
- This Economist Doubts We Will Have A Recession, But Crypto Has More To Lose | Frances Coppola | TWOAS
- FedWatch - Battle Over The Digital Dollar | Bitcoin Magazine
- The Chopping Block: Is Coinbase’s Base ‘the Binance Smart Chain for White People’? | Unchained
- SLP463 Bitcoin Transaction Pinning, ANYPREVOUT & eltoo with Greg Sanders (Instagibbs) | Stephan Livera
- #210: Scott Shapiro, Senior Director at Coinbase, on Trading Platforms, Current Crypto Market, and Coinbase | Cryptonews
- Why The FTX Collapse Shook The Bahamas | Bloomberg Crypto
