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Follow Dat Money | Crypto Projections
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Guess what day it is Folks? HUMPDAY! Yesterday, we watched Bitcoin blastoff, CBDCs were a hot topic, and SEC boosted their enforcement team. The fear and greed index has pulled back to 65 and the best performing asset for the past 24 hours was $SOL up 0.50% and has reclaimed position #10. Also check out the Crypto projections post above as Il Capo Crypto remains bearish and Follow Dat Money as Metalpha is raising $100M for Grayscale products in Hong Kong. Let's get on to the news...
Trending News Topics:
- No $ETH sell off (6)
- G7 help with CBDCs (2)
- Hong Kong Bank offers Crypto (2)
CRYPTO
QUESTION: Crypto Millionaires: Can New Investors Still Strike it Rich?
BITCOIN & ETHEREUM
Bitcoin hovers around $30,000 ahead of US inflation data as altcoins dip. Bitcoin Jumps $500 as US CPI Clocks in at 5% for March 2023.(4) As Bitcoin Open Interest Surges to Highest Level Since FTX Crash Trading Firm Sees Bullish Signs. Bitcoin Hovers Around $30K, Ether Holds Above $1.9K Ahead of Shapella Upgrade.
Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs. Why the Bitcoin Lightning Network May Be Better Than Visa and Mastercard. Best-Selling Author Ric Edelman Reveals Crypto Portfolio Strategy, Says He Holds More Ethereum Than Bitcoin. Bitcoin gaming enters Africa with local crypto exchange partnership. Bitcoin Privacy Tool Aims to 'Confuse' Surveillance Companies.
Less than 1% of staked ETH estimated to sell after Shanghai upgrade.(6) Ethereum price metrics hint that ETH might not sell-off after the Shapella hardfork. Ethereum’s Shanghai Upgrade: Here’s Our Guide to Watch Parties, Blockchain Tools. Ethereum's Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation. Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital. Ethereum rewards worth over $2 billion will be liquid in first five days after Shapella.(2)
OPINION: Aspiring US President Robert Kennedy Jr. Says Bitcoin Offers Escape Route to Country’s Growing Debt Bubble. But, Legendary Investor Warren Buffett Calls Bitcoin (BTC) "Gambling Token."(3) Here is What Analysts Are Saying About the Ethereum Blockchain’s Shanghai Upgrade. Ethereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America. Crypto Analysts Split on Ether Market Trends After Ethereum’s Shanghai Upgrade. Stakers, Don’t Let the Shanghai Upgrade Centralize Ethereum. Ethereum Shanghai Upgrade Will Be a ‘Game Changer’ for ETH Token Holders, RockX CEO Says.
STABLECOINS & CBDCs
Stablecoin less preferable form of tokenized money. Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says. The UK and EU May Be Sharply Diverging on CBDCs. G7 Plans To Help Developing Economies Explore CBDCs.(2)
OPINION: US needs to regulate stablecoins to keep a strong dollar: Stellar CEO Denelle Dixon.
ALTCOINS
XRP Ledger-Powered Pharma and Healthcare Platform Aims To Revolutionize Africa’s Healthcare Industry. $XRP Price Could Surge by 47% If It Secures Key Level, Says Popular Crypto Analyst. Cardano (ADA) Launches Lace, Its First Light Wallet Platform.
QUESTION: Cardano (ADA) Price Breaks Above $0.40, Can Bulls Push Forward?
EXCHANGES & BANKS
Hong Kong’s Largest Virtual Bank to Offer Crypto Conversions.(2) How to buy or sell Bitcoin without using a centralized crypto exchange?
OPINION: U.S. Banking Crisis May be Vindication for Crypto Ecosystem: JPMorgan
LEGISLATION/REGULATION/TAXATION
Alexandria Ocasio-Cortez and Elizabeth Warren Hunt Down Crypto Companies To Interrogate About SVB Deposits. SEC Advisory Group Backs Gensler’s Crypto Efforts But Asks for Industry Guidance. Argentina securities regulator approves Bitcoin futures index.(2) Why Nine Million American Crypto Investors Could Face Jail Time in 2023. Spanish tax agency to send over 328K notices to crypto holders.(2) Hong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements.
OPINION: Crypto regulation by enforcement is 'really, really bad,' says Binance CEO CZ(3)
LEGAL CASES
Bankman-Fried wants FTX insurance payout for legal defense. He may get paid long before his bilked customers. FTX has recovered $7.3B in assets, will consider rebooting exchange.(3) FTX Will Receive All of Ren Protocol's Pegged Assets, Including Bitcoin and Dogecoin. FTX EU’s Petition for Swiss Moratorium Proceeding Granted by Court.(2) Massive Ripple court case update: SEC reveals key arguments. Pro-Ripple Lawyer Mentions Surprising Fact About XRP Purchasers as Lawsuit Resolution Nears. Blockchain Association Doubles Down on Backing Tornado Cash in Lawsuit.
OPINION: FTX's former sales chief Zane Tackett says bankrupt crypto exchange should relaunch.
ATTACKS/HACKS/SCAMS
Brooklyn court charges former banker for allegedly defrauding crypto investors. Metaverse Platform MetaPoint Exploited for Nearly $1M. Euler Finance Lets Users Redeem Recovered Funds Following $200M Theft.(2) Former OneCoin Executive Karl Sebastian Greenwood Can Be Sentenced on $4B Global Loss, Judge Rules.
WATCH
LISTEN
Podcast of the Day: BTC125: James Lavish On Why Bitcoin Performs From Here | Bitcoin Fundamentals
Other Podcast
- Bitcoin’s Rally to $30K Being Driven by Good Old-Fashioned Spot BTC Buying | The Breakdown
- CBDCs And The Future Of Crypto - Mike Novogratz, Chris Giancarlo & More | TWOAS
- gm: The Mooch Is More Bullish on Bitcoin Than Ever | gm
- SLP470 Correcting NYT Disinformation on Bitcoin with Pierre Rochard | Stephan Livera Podcast
- NY Times Bitcoin FUD with Dennis Porter and Mandy Gunasekara and "Bitcoin Business Workshops" with Wesley and Rare Passenger - April 11th, 2023 | The Cafe Bitcoin Podcast
- LuxOS: The New Firmware on the Block | Matt Lousteau | The Mining Pod
- Jonathan Chester: Get Paid in Bitcoin | The Bitcoin Matrix
- Episode 14: Demand Response | The Merkle Treeshouse
