"Immorality: the morality of those who are having a better time."
–H. L. Mencken
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Welcome to Thursday Folks! Yesterday, we were flooded with news about the SEC fighting Coinbase and Binance - it continues on today; the price of Bitcoin is currently at $26,440.31. The fear and greed index pulled back to 50 and the best performing asset for the past 24 hours is $BNB up 1%; in position #4. Let's dive into what is of importance.
Bitcoin falls below $26.5K as Crypto market fades amid Coinbase and Binance angst; Bitcoin (BTC) price watch. Was Satoshi Nakamoto one person or a group of people? It was a group for sure. Bitcoin whales ‘aggressively’ accumulating while smaller holders divest of their holdings. Bitcoin halving is coming and only the most efficient miners will survive.
Ethereum accumulation by non-exchange whales reaches $59.6 Billion in $ETH amid market turmoil. Binance Coin (BNB) at risk: $200 Million liquidation looms. XRP Price Watch. Cardano (ADA) Price Watch. Is Cardano a Security? Dogecoin (DOGE) Price Watch.
Crypto.com integrates with CoinRoutes smart-order routing system. Swan Bitcoin customers struggle to buy BTC. Exchange volume trading has dropped to the lowest level in four years. Major Australian bank to decline ‘certain’ payments to crypto exchanges.
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services. FCA to roll out stricter rules for crypto ads including referral bonus ban. The SEC has not labeled any proof-of-work asset as a security—why is that? Former CFTC head Heath Tarbert joins Circle as chief legal officer.
U.S. Senators tell DOJ to investigate Binance for potentially lying to lawmakers. SEC says Binance and US affiliate redirected billions in customer assets to Zhao's funds; extremely sketchy. SEC’s Gensler offered to serve as an adviser to Binance in 2019. SEC's 'smart' strategy against Coinbase revealed. Billionaire Mark Cuban Calls Out SEC on Double Standards, Says Regulator Does Nothing About Endless Scams.
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Podcast of the day: WBD Live in Miami - Bitcoin Mining with Troy Cross and Harry Sudock | WBD
