11 Apr: Bitcoin Blastoff!

11 Apr: Bitcoin Blastoff!

By theinspired | Inspiration | 11 Apr 2023


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Follow Dat Money | Crypto Projections

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Happy Tuesday Folks! Yesterday, we learned that Alameda was unauditable and just a hodge podge of apps, GDAC got hacked, and $XRP being a security is nonsense. The fear and greed index popped to 68 so we are starting to get greedy and the best performing asset for the past 24 hours was $DOGE up 0.37%. Also check out the Crypto projections post above as Ali Martinez believes Bitcoin is on a path to $34K and Willy Woo believes a bigger Bitcoin move is imminent; remember that John Bollinger said the same. Let's get on to the news...

Trending News Topics:

  • Bitcoin breaks through $30K (8)
  • CBDC hot topic (3)
  • SEC boost enforcement team (3)

CRYPTO

Crypto market cap adds $50 billion in a day amid fiat bloodshed; Can it reach $2 trillion? a16z unveils new crypto index that shows adoption outpacing price performance and sees Web3 strength in second "state of Crypto" report.(3) Two-thirds of Americans don’t trust crypto: Pew Research.

BITCOIN & ETHEREUM

Bitcoin hits $30K to mark highest price since June 2022; $200M shorts liquidated.(8) MicroStrategy's $4 billion bitcoin bet in the green as price hits $30,000; same for Dorsey.(3) Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum's Shanghai Upgrade. Bitcoin price faces ‘bearish divergence’ amid $22K correction target. Analyzing the 2024 Halving Impact on Bitcoin (BTC) Price. Bitcoin double top ‘invalidated’ amid fear CPI may fuel macro comedown. Bitcoin holds $30K, but some pro traders are skeptical about BTC price continuation. Bitcoin continues to shine with 98% of inflows into crypto investment products.

Less Than One Percent of the World Holds Bitcoin – Why It’s Still Early. Bitcoin's Lightning Network is hard to use. Bitcoin Developers Propose Hierarchical Channels To Boost Lightning Network Scalability. PayPal's ex-president David Marcus has a solution, and a replacement for SEN & Signet. Bitcoin Price Ticker Goes Live on China’s Douyin App.

Bitcoin Ordinals community debates fix after inscription validation bug. Riot Slams New York Times For ‘Inflammatory’ Bitcoin Mining Post. Bitcoin mining firm Bitmain reportedly fined for tax violations in China. CleanSpark buys 45,000 Bitcoin miners for $145 million to nearly double its capacity.(3) Riot Platforms and Marathon Digital Lead Crypto Stock Gains as Bitcoin Settles in Above $30K. The Cosmic Consequences of Bitcoin Mining: Tensions With the Quest for Alien Life. Crypto Miner Core Scientific Appoints a New President Adam Sullivan.(2)

Shapella could bring institutional investors to Ethereum despite risks.(2) Ethereum is burning ETH at a rate of $5.5 billion per year as Shapella upgrade approaches. JPMorgan, Fidelity at odds on the impact of Ethereum's Shapella upgrade on ether.

QUESTION: As Bitcoin (BTC) Hits $30K, Is It Finally Decoupling From Traditional Finance? Sell Pressure on ETH After Shanghai? Many Not Worried.

OPINION: $10,000,000 Bitcoin Price Coming Amid US Dollar Collapse, Says Fund Manager Larry Lepard – In the Next Decade.(2) Bitcoin Pierces $30,000 For First Time Since June As Bernstein Calls BTC ‘Faster Horse’ Compared To Gold.(2) Crypto Mogul Novogratz Weighs in on Bitcoin (BTC) Crossing $30K Milestone. Peter Schiff Predicts Next Bitcoin (BTC) Crash as Institutional Adoption 'Is Over'. Arthur Hayes Sees a 'Balkanization of Finance' Coming Soon as Crypto Rallies. Ethereum price retests key support level that preceded 60% gains in June 2022 . Blockchain Analytics Firm ITB Predicts Surge in Staked $ETH After Shapella Upgrade. Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics.

LESSON: What Is The Ethereum Shanghai Upgrade?(2)

STABLECOINS & CBDCs

Tether blacklists validator address that drained MEV bots for $25M.(2) USDC supply stabilizes following Silicon Valley Bank bank woes as tether cements its stablecoin dominance. Fed-issued CBDC Is a Hot Topic This Campaign Season.(3) Ripple and Montenegro’s Central Bank Collaborate on Digital Currency Project. Ripple Pens Deal With Montenegro Central Bank for CBDC Pilot.

ALTCOINS

XRP to the moon? Crypto trading expert predicts 47% surge in price.(3) ADA Gains 6%, Crypto Capital Founder Dan Gambardello Says He's More Confident in Cardano Now. Solana Leads Crypto Market Rebound, Jumps 10% Overnight.

EXCHANGES & BANKS

FTX Japan Could ‘Reopen’ Exchange As Auction Deadline Looms. US Banks Abruptly Closing Innocent Customers’ Accounts Without Warning.

REGULATION & TAXATION

SEC Unit to Boost Crypto Enforcement Team.(3) G20 countries aim to develop global framework against crypto-related risks. New tax rules could mean a US exodus for crypto companies. IMF reiterates call for crypto regulation after the ecosystem's 'rough year.' El Salvador Grants First Digital Asset License to Bitfinex.

LEGAL CASES

Ripple Case Ruling Might Prove to Be Crypto's Biggest Week, John Deaton Says. Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit.(2) Coinbase To Receive $470k From Wahi Brothers.(2)

ATTACKS/HACKS/SCAMS

Employees of South Korean Crypto Exchange Coinone Arrested.  Ex-Investment Banker Rashawn Russell Charged in Crypto Scam.

WATCH

LISTEN

Podcast of the Day: Everyone Is Talking About De-Dollarization, Is There Anything To It? | The Breakdown

Other Podcast

  • Fear Of Recession Is Rising | Macro Monday With Mike McGlone& Dave Weisberger | TWOAS
  • #1185 Will Clemente On Bitcoin: Start Of The Next Bull Run? | The Pomp Podcast
  • Gamma - the marketplace for Bitcoin Ordinals | Crypto Conversation
  • Bitcoin Mining 101 and Q&A with Adam O and BlockBain - April 10th, 2023 | The Cafe Bitcoin Podcast

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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!

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