09 Jun: Withdrawals Halted!

"Life is a long lesson in humility."
 –James M. Barrie

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It's Frriiddaaayyyy Folks! Yesterday, Australian Bank restricts payments and withdrawals; the price of Bitcoin is currently at $26,611.76. The fear and greed index remains at 50 and the best performing asset for the past 24 hours is $SOL up 1.21%; in position #9. Let's dive into what is of importance.

Bitcoin diverges from Nasdaq for 2 weeks and US Bitcoin supply fell over 10% in the past year. Hut 8 says repairs to damaged Crypto mining equipment are taking longer than expected. Quantum miners would yield ‘massive’ energy savings for blockchain.

'Ethereum Fails' Without These 3 Changes, Says Vitalik Buterin.

Circle rolls out support for USDC Stablecoin on Arbitrum as Circle CEO Jeremy Allaire says 'regulate us' as company hires an ex-regulator; still going public. Tether’s game plan in El Salvador: Why invest in Volcano Energy?

Cardano crashes 15% in a week as SEC’s ‘security’ claims spark uncertainty; Cardano (ADA) Price Analysis. SOL is 'not a security' according to the Solana Foundation

Bittrex US request to return customer funds ‘premature,’ government argues. Crypto custody firm BitGo reaches preliminary agreement to buy Prime Trust. Binance.US to halt all fiat withdrawals ‘as early as June 13;’ will be Crypto only. Bitcoin payments firm STRIKE moves custody in-house after ditching third-party services. Crypto.com winding down U.S. institutional business.

New Stablecoin bill drafted by House Republicans as compromise with Democrats. 

SEC’s Gensler rebuffs Crypto complaints, says gave ample warning heat was coming; lays out paths for crypto compliance, criticizing Binance and Coinbase. Binance CEO CZ warns employees about private 'ranting' that could show up in court; SEC can't find CZ. Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown. Ex-SEC attorney John Reed Stark says to ‘get out of crypto now’ amid regulatory offensive.

FTX bankers want to keep ‘extraordinarily valuable’ customer list sealed. Scam Alert: Your favorite Twitter accounts under attack.



Podcast of the Day: Major Bitcoin Custodian To Fall? | CZ Court Case | CryptoTownHall | TWOAS

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The Crypto Curator
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