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Follow Dat Money | Crypto Projections
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Welcome to Thursday Folks! Looks like regulatory scrutiny is stirring the rumor mill and if true could bring more challenges to the growth of this industry. Let's get to the news...
Trending News Topics:
- Brian Armstrong is concerned about Staking regulation
- ***LocalBitcoin to shutdown***
- Argo Blockchain CEO steps down
A 'mysterious fund' could be behind the most recent Cryptocurrency market rally.(2) Analytics Firm Santiment forecasts imminent Bitcoin and Altcoin rally as self-custodied BTC explodes to over $400,000,000,000. Crypto spot trading volume sees largest percentage rise in two years according to a CryptoCompare report. Payments provider Affirm to sunset crypto program after 19% staff cut.
Coinbase CEO Brian Armstrong shares concern over rumors of SEC ban on Crypto staking for retail investors.(6) Investors are ‘absolutely interested’ In Crypto, says US banking titan BNY Mellon.(2) CME Group CEO Terrence A. Duffy says “we’ve actually seen an uptick in our Crypto products.” BitMEX Founder Arthur Hayes says Altcoins could go ‘vertical’ in next bull frenzy.
Bitcoin sinks below $23,000 as Crypto regulation scrutiny intensifies and Bitcoin's death cross looms on weekly chart.(3) CryptoQuant reports that Bitcoin network activity spikes to two-year high thanks to NFTs.(2) Argo Blockchain CEO Peter Wall follows CFO in stepping down.(3) Hut 8 merger would’ve happened even without FTX or crypto turmoil, says CEO Jamie Leverton. CleanSparks kicks off bitcoin miner earnings with revenue expected to rise 13%. Bitcoin miners surface for air as sliding natural gas price provides cost relief. Russian government subsidizes crypto mining facility in Siberia.
Ethereum price close below $1,600 could spark larger degree correction. JPMorgan says Ethereum’s Shanghai upgrade to raise staking toward proof-of-stake-Blockchain average.(2) Tether reports $700 million Q4 net profit in latest attestation report.(4) $XRP losing momentum together with other major Cryptocurrencies.(2) Ripple ($XRP) Price Prediction: Can We Expect Imminent Movement? Cardano ($ADA) price starts to lose traction – but can the trend be reversed? Cardano upgrade aims to improve cross-chain features as on-chain DeFi crosses $100M TVL. Crypto community sets Solana price for February 28, 2023: $24.56. Solana ($SOL) looks primed for comeback on the back of more developers and more dapps.
Kraken Crypto exchange probed by SEC over offering unregulated securities.(2) Proposed Israeli law to classify crypto as securities will hurt the industry, says crypto exec Ilan Sterk. LocalBitcoins closes down P2P crypto exchange service.(5)
New interpretation of US Howey test gaining ground. Mississippi passes law protecting Bitcoin miners from discrimination. New Hampshire could become an alternative for crypto firms moving to the Bahamas.
Celsius' extension request denied by US trustee and creditors as cash burn continues.(2) Bankrupt Crypto lender BlockFi takes two-thirds haircut to settle Bitcoin miner Bitfarms' debt.(3) Sam Bankman-Fried’s lawyers propose installing monitoring software on his phone. Venture capital expected to see more regulatory scrutiny after FTX. Trust Wallet comes clean on rumors regarding $4 Million ‘Hack’.
Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on Wubits where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations. Thanks again for reading, watching, and listening with me.
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Podcast of the Day: SLP457 Bitcoin as International Money with Bill Hill & Malcolm Weed | Stephan Livera Podcast
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- The Evolution of Bitcoin Narratives with Harry Sudock | What Bitcoin Did
