11 May: Marathon Digital Probed

11 May: Marathon Digital Probed

By theinspired | Inspiration | 11 May 2023


"Talent is rarely enough to assure victory and bad luck is rarely enough to guarantee defeat."
 –James Clear

Powered by LifeLine - The Power of Prevention

Follow Dat Money | Crypto Projections

READ

Welcome to Thursday Folks! Yesterday, there was a premium for Bitcoin on Binance.US, Ireland's Central Banker was talking bad about Bitcoin, and Raoul Pal continues to be a perma-bull. The fear and greed index remained at 52 and the best performing asset for the past 24 hours remains $XRP up .30%; in position #6. Let's get on to the news...

Trending News Topics:

  • Marathon Probed by SEC (4)
  • Coinbase Boycotted (3)
  • Stablecoins to Post Bail (3)

CRYPTO

Blockchain Private Equity Fund Franklin Templeton’s Latest Crypto Ambition.(3) S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics.

BITCOIN

Bitcoin Pumped and Dumped $1.5K Following US CPI Numbers. Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry. Bitcoin fees plummet 95% as BTC price recovers from US gov't scare. Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq. Bitcoin Predicted to Reach $24,753 by End of May, According to Historically Reliable Survey.

Bitcoin exchange reserves fall to lowest level in over 5 years. From Genesis to Dominance: The Evolution of Bitcoin. What Grayscale’s ETF Bid Signals — or Doesn’t — About Spot Bitcoin Fund Prospects. Ordinals good or bad for Bitcoin? Supporters and opposers raise voices. Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains.

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe.(4) Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite. Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena.

Opinion: Katie Stockton says Expect Bitcoin to Hit $25.2K Soon. Analyst Predicts 3 (Fairly) Bullish Scenarios for Bitcoin (BTC) Price in 2023. Shaky US Treasury Could Push Buyers Back to Bitcoin.

Say What?!: Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco 

Update: Issuers Rush to ‘Piggyback’ on Grayscale Ether Futures ETF Proposal

ETHEREUM

Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen. Ethereum ($ETH) Validators Earn $46 Million in a Week Thanks to Meme Coin Frenzy. Ethereum Could Be Heading to ‘Opportunity Zone’ Amid One Historically Bearish Signal: Santiment. Privacy Is the Achilles Heel of Ethereum.

Opinion: Account abstraction could bring the next billion users to Ethereum: Ambire CEO Ivo Georgiev. Ethereum (ETH) Tremendously Undervalued at Current Prices, Prominent Trader Says.

STABLECOINS

Tether Reports $1,480,000,000 Profit In Q1 Alone, Reveals Bitcoin and Gold on Balance Sheet.(3) Circle refuses to hold longer-dated Treasurys on concern US government might default; Backs USDC With Shorter US Treasurys.(3) Fiat-backed stablecoins could be used to post bail in New York under proposed bill.(3)

ALTCOINS

XRP Breaks Below 200-Day EMA, But It Might Spark Buying Activity: Details

EXCHANGES

Coinbase Faces Boycott Backlash After Customer Email Blast Calls PEPE ‘Alt-Right Hate Symbol.’(4) ‘Memepool’ full: Here’s how exchanges adjust Bitcoin withdrawal fees.

Update: Pepe (PEPE) Uproar: Coinbase Issues Apology Amid Controversy

REGULATION/LEGISLATION/TAXATION

Crypto implosion has states scrambling: Here are six crypto bills to watch. Coinbase Says UAE Is Important Strategic Hub for Crypto Exchange’s Global Operations. Binance Focuses on UK as US Makes it ‘Very Difficult’ to do Business: CSO. 3 takeaways from the European Union's MiCA regulations.

Opinion: The White House’s Bitcoin Mining Tax Undermines Itself. SEC’s Enforcement by Action Is ‘Crippling’ Digital Assets: Paradigm.

Follow up: Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully

LEGAL CASES

DCG settlement with Genesis still undecided as 30-day mediation period proceeds. IRS Claims Priority Over FTX Bankruptcy Creditors to Retrieve $44B in Taxes. XRP: Ripple CEO Garlinghouse Predicts SEC Lawsuit Resolution by end of Q3 2023. Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro. Ex-Coinbase Executive Slapped With Two-Year Prison Sentence on Crypto Asset Insider Trading Charges.

ATTACKS/HACKS/SCAMS

Scam Alert: Popular Crypto Influencer Rugs This Token, Selling 2% of Supply on His Followers. To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters.(2) Trading Bitcoin for Ferrari Drives Frenchman to Prison in Morocco. Crypto Thief Nicholas Truglia Arrested Again on Fraud Charges. Hackers Are Targeting Abandoned Meme Tokens in Almost-victimless Crime.

Opinion: What’s the Reality of Crypto in Crime?

WATCH

LISTEN

Podcast of the Day: SLP477 Decentralising Bitcoin Transaction Selection using SRI with Pavlenex and Fi3 | Stephan Livera Podcast

Other Podcast

  • #1197 Jordi Visser On The Intersection Of Bitcoin, AI, Debt Limit, & Banking Crisis | TPP

How do you rate this article?

22


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?