14 Mar: Bitcoin Blast Through to $26K

14 Mar: Bitcoin Blast Through to $26K

By theinspired | Inspiration | 14 Mar 2023


"A will finds a way."
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Happy Tuesday Folks! Yesterday Bitcoin and the broader market shows why Crypto is not done yet. As Bitcoin now approaches $25K once again, will this time be different? Let's dive into the news...

Trending News Topics:

  • Bitcoin Blast to $26K (9)
  • Bitcoin nears $25K (4)
  • Ethereum Holds Strong (2)

CRYPTO

Inverse Cramer ETF Outperforms S&P 500 a Week After Market Debut. Former FTX exec Brett Harrison thinks banks will compete for crypto business.

BITCOIN & ETHEREUM

Bitcoin Nears $25K as Interbank Funding Stress Indicator Surges to Highest Level Since COVID Crash.(4) Bitcoin market cap flips tech giant Meta, widens gap on Visa. Bitcoin Options Volume on Deribit Hits Highest Level in 22 Months as Bank Failures Breed Volatility. Bitcoin Smashes Past $26K as Inflation Held Steady in February; 9 Month High.(9) $260M of Short Positions Liquidated as Bitcoin (BTC) Crosses $26K. Bitcoin derivatives suggest $26K resistance level won't hold for long. Bitcoin Is Pumping—But It’s Not Yet 'Decoupling' From Stocks, Analysts Say.

Ethereum Price Hold Strong At $1,650 But Risk of Pullback Increases; up 9% as Whale Goes on Buying Spree.(2) Ethereum Deflation Accelerates to New Record Six Months Post Merge. Ethereum (ETH) Continues Rally As Whales Goes On Buying Spree, $1,700 Next? Crypto community with 88% historical accuracy sets Ethereum price for March 31, 2023: $1,560. Ethereum to begin final dress rehearsal today for Shapella upgrade.

OPINION: Bitcoin Was Built for This Moment. Recent contagion was ‘TradFi to crypto’ and not vice versa — Circle policy director. Macro Guru Raoul Pal ‘Really Bullish’ on Ethereum, Says Unexpected V-Shaped Melt up May Be Imminent. Jim Cramer Calls $BTC ‘A Strange Animal’, Says ‘I Would Sell My Bitcoin Right Into This Rally.’ (THIS IS THE BIGGEST BUY SIGNAL EVER)(2) Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec Josef Tetek says. Daniel Kuhn: Should I Keep My Money in Bitcoin or a Bank?

STABLECOINS

BitMEX Founder Arthur Hayes Proposes New Bitcoin-Backed Stablecoin. Tether Benefits From USDC Chaos, USDT Dominance Now 58%. Here Are the Stablecoins That Thrived as USDC Wobbled.

ALTCOINS

Cardano (ADA) Price Growth Lags, Here's What Can Drive Short-Term Growth.

EXCHANGES & BANKS

Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term Pain. JPMorgan and Citigroup Juggling New Account and Deposit Requests as Smaller Banks Drown.(3) Some banks are still willing to play ball with crypto: CoinDesk. Coinbase Takes On SEC’s ‘Regulation by Enforcement’ Amid Crypto Market Rebound. Asset Management Giants Blackstone, Apollo Eyeing SVB Assets: Bloomberg. U.K. Bank NatWest Limits Daily Crypto Payments to $1,200; $6K Monthly.(3) Banking Crisis in U.S. Likely to Push Crypto Firms Offshore. Ex-Ripple Advisor Appointed by Fed to Watch Over Failed Silicon Valley Bank (SVB). NYDFS pushes back against claim that Signature Bank takeover was crypto related.(2)

LEGISLATION/REGULATION/TAXATION

CFTC Names Executives From Circle, TRM, Fireblocks Among Others to New Tech Advisory Group.(2) India’s Crypto Industry Finally Sees Lawmakers Engaging. Wyoming’s private keys bill addresses growing threat to rights and assets.

OPINION: SEC Is 'Completely Out Of Control,' Says a16z Crypto's Head of Policy Brian Quintenz

LEGAL CASES

Jane Street, Jump Trading And Alameda Face Probe By US DoJ Over Terra’s Collapse.(5) Thousand Ethereum Holders Join Class Suit Against New York State Attorney General. FTX and Alameda Addresses Suddenly Wake up, Move $190 Million on Exchanges.(2) Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking.’(2) Signature Bank Board Member Says Shutdown Was Political. Signature Bank and former executives sued by shareholders for alleged fraud.

ATTACKS/HACKS/SCAMS

Dogecoin Resolves Critical Vulnerability Across 280 Chains.(2)

WATCH

LISTEN

Podcast of the Day: Read_710 - The Future Geopolitical Order and Bitcoin, Part 1 [Matthew Pines] | Bitcoin Audible

Other Podcast

  • Even Barney Frank Thinks Signature Was Shut Down to Send an Anti-Crypto Message | The Breakdown
  • Beginners Guide Part 1/3 - Why Bitcoin? With American HODL | What Bitcoin Did
  • Where’s my Zebra? Fighting fraud, making sacrifices and noncustodial onboarding with Paulina Joskow of Ramp Network | The Charlie Shrem Show
  • Cosmic Bitcoin - Everything Divided by 21 Million w/ Knut Svanholm | Bitcoin Magazine
  • 162 - The Coinbase Long Game with Brian Armstrong | Bankless
  • #403: Dissecting the Banking Crisis with Parker Lewis | TFTC
  • SLP465 What is utreexo? with Calvin Kim | Stephan Livera Pocast
  • SVB/Silvergate/USDC Banking Crisis with Tone Vays, Greg Foss, Lawrence Lepard, Joe Carlasare and Dante Cook - March 13th, 2023 | The Cafe Bitcoin Podcast
  • Job Cuts Reflect Crypto Winter’s Deep Freeze | Bloomberg Crypto

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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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