08 May: Binance FUD

08 May: Binance FUD

By theinspired | Inspiration | 8 May 2023


"If you do not think about your future, you cannot have one."
 –John Galsworthy

Powered by LifeLine - The Power of Prevention

Follow Dat Money | Crypto Projections

READ

Happy Tuesday Folks! Over the weekend, Coinbase shuts down lending, FTX sought to clawback $4B, and SEC pulled definition of Digital Asset. The fear and greed index lowers slightly 60 and the best performing asset for the past 24 hours remains $ETH up .06% in position #2. Let's get on to the news...

Trending News Topics:

  • Binance FUD (6)
  • Bitcoin Network Overwhelmed (6)
  • Liechtenstein Accepts Bitcoin (4)

Binance 'FUD' meets CPI — 5 things to know in Bitcoin this week (Cointelegraph):

  • Binance CEO calls "FUD" amid BTC withdrawal suspensions
  • Traders eye key levels as BTC price hits 2-week lows
  • CPI "good candidate" for risk-on rally
  • NVT underscores overheated network
  • Bitcoin miners still reducing BTC holdings

BITCOIN

Bitcoin Falters Amid Historic Anti-Bank Sentiment. BRC-20 Meme Coin Craze Overwhelms Bitcoin Network, Minting Fees Reach Record High.(6) 'Attack on Bitcoin’ Claims Circulate as Transaction Fees Climb Higher; Maxis respond.(2) Panic Over Massive Bitcoin Outflows Unfounded. Bitcoin Adoption in South America Increasing Despite Fee Spike. Liechtenstein Prime Minister Wants Citizens to Pay for Government Services With Bitcoin.(4)

Amid Pending State Mining Bills, One Has Become Law. Why the Head of Texas Blockchain Council Does Not Believe Mining Bill Will Pass.

Opinion: Watch these Bitcoin price levels ($30K and $25K) next as BTC dips 3% in choppy weekend. Bitcoin trader Titans of Crypto eyes $63K BTC price for new Bollinger Bands ‘breakout.’

ETHEREUM

Next Ethereum (ETH) Price Rally Could Test $2,500 Ethereum on Cusp of Breaking Out As Traders Rotate Memecoin Profits Into ETH, Says Analytics Firm. Active Ethereum Deposits Hit 1.5-Year High as Traders Convert PEPE Profits.

Question: The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time? 

STABLECOINS

Ron DeSantis: A Digital Dollar CBDC’ Not Going to Work in Florida.

ALTCOINS

Millions of XRP Grabbed by Top Whales as Crypto Market Declines. XRP Centralization Controversy Explodes and LimeWire Considers XRP Integration for Token Sale. Dogecoin Hype's Bitter Aftertaste: That Headline Didn't Age Gracefully.  Solana Creator Anatoly Yakovenko Says SOL Can Already Handle Hundreds of Millions of Users.

EXCHANGES

Binance closes BTC withdrawals amid congestion on the Bitcoin network; Resumes with the use of Lightning Network as CZ brushes it off.(6)

LEGISLATION/REGULATION/TAXATION

UK Tax Authority Sets Sights on Crypto Confiscation.

Opinion: If We Can Ignore Polarization, Bitcoin Will Fix Bipartisan Authoritarianism.

Lesson: What is a Wells notice, explained 

LEGAL CASES

Brad Sherman’s Crazed Bitcoin Attack Isn’t Quite Lawsuit-worthy. Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says.(3)

ATTACKS/HACKS/SCAMS

1,090 Human Trafficking Victims Rescued from Crypto Scam Exploitation.

WATCH

LISTEN

Podcast of the Day: The Global Role of Bitcoin | The Breakdown

Other Podcast

  • Read_728 - Who Controls Bitcoin Core [Jameson Lopp] | Bitcoin Audible
  • How One Million People Lost $10 Billion | David Bailey On What Is Going On With GBTC | TWOAS
  • Busting the GBTC Trust with David Bailey | What Bitcoin Did
  • Good Morning Bitcoin - Bitcoin Mining Innovation w/ Pierre Rochard⁠, ⁠Adam O⁠, ⁠and Amanda Cavaleri⁠ | Bitcoin Magazine
  • Christian Keroles: No One is Bullish Enough on Bitcoin | The Bitcoin Matrix

How do you rate this article?

25


theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.

Page not displaying correctly?