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Follow Dat Money | Crypto Projections
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Welcome to Thursday Folks! Yesterday, Marathon got probed by the SEC, call to boycott Coinbase over PEPE, use of Stablecoins to post bail. The fear and greed index dropped lower to 49 and the best performing asset for the past 24 hours remains $DOGE up 1.12%; in position #8. Let's get on to the news...
Trending News Topics:
- Bitcoin Loses $27K (8)
- Do Kwon to be released (4)
- Binance.US cutting ties with CZ (3)
CRYPTO
Crypto’s Appeal for Institutions Is Far from Over, Says Cantor Fitzgerald’s Elliot Han.
BITCOIN
BTC price lost $27K as Bitcoin trend lines brew 'bullish cross;' hitting Two-Month Low Amid Dollar Strength, Cooling Ordinals Activity.(8) Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale. Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s.
Opinion: Banking Meltdown Driving a Stampede of Smart Money to Bitcoin; Money is dying everywhere in the world, Says MicroStrategy Founder Michael Saylor.(2) 'Don't short when it's dark green' — How to trade the 2024 Bitcoin halving. Bitcoin Price Analysts Eyeing $25K as Support Following Momentum Shift. Technicals signal buy for Bitcoin; What’s the next move?
STABLECOINS
Tether Leveraged Fed Policy to Buy $1.5B in Bitcoin.(2)
Opinion: “A Mammoth House Of Cards”: Former SEC Official John Reed Stark Blasts Stablecoin Tether.
ALTCOINS
XRP Price Recovers, But Bulls Have Enormous Work to Do. Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet.
EXCHANGES
Binance.US Plans to Cut CZ’s Stake to Gain Favor With Regulators.(3) Binance’s Spot Trading Volume Drops to Second-Lowest Since 2021 as Crypto Market Cools Down.(2) Binance’s new compliance chief sees mission to put crypto exchange giant 'beyond reproach.' Coinbase compensation disclosure shows CEO Brian Armstrong received $6.3 million in security benefits. Coinbase Co-founder Buys Dip, Spends $50M on Company Stock.
LEGISLATION/REGULATION/TAXATION
Battle Lines Drawn: U.S. Chamber of Commerce Sides with Crypto Industry Against SEC.(3) The IRS seized $10B worth of crypto using blockchain analytics. Texas votes to add crypto to state’s Bill of Rights.
LEGAL CASES
Lawsuit against FTX celebrity promoters gets backup from former exec. BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says. Do Kwon's lawyers propose $436K bail as authorities prepare for June trial; Courts accept and he's set to be released.(4) Celsius pitched bold white-label pivot even as core lending business collapsed.(2)
ATTACKS/HACKS/SCAMS
Hacker admits he was connected to ‘tens of thousands’ laptops to mine crypto.
WATCH
LISTEN
Podcast of the Day: There are 334 Days until the Next Bitcoin Halving | TCC
Other Podcast
- How Fedimint Scales Bitcoin with Obi Nwosu | WBD
- Bitcoin vs IMF and World Bank - Hidden Repression w/Alex Gladstein | BM
- Are Democrats Against Crypto? Rep. Ritchie Torres Answers | Bankless
- Printed Money vs Hard Money and Lightning Tools and Adoption with Jesse Schrader, Co-Founder and CEO at Amboss - May 11th, 2023 | TBCP
