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Follow Dat Money | Crypto Projections
BREAKING
Judge Unseals Names of Sam Bankman-Fried’s Bail Guarantors; Larry Kramer and Andrea Paepcke.(5)
READ
Guess what day it is folks? Humpday! Wow we got to the middle of the week fast and while there is a good amount of news this morning - nothing is really poppin off. Let's get on to the news...
Trending News Topics:
- Bitcoin trading is up according to DBS
- Warren is on the attack
- Mashinsky and crew to get sued
CRYPTO
Crypto winter may be thawing, but it has killed off 1,700 projects in one year.
BITCOIN
Bitcoin rallies as hot US retail sales stoke recession fears. Bitcoin still above undervalued zone. Bitcoin price on a March, is $24,500 now in sight? Bitcoin price eyes $23K despite US dollar strength hitting 6-week high. Satoshi Nakamoto once explained why Bitcoin is unlikely to fail. P2P Bitcoin trading in Argentina ticks higher amid inflation woes. DBS says Bitcoin trading up 80% in 2022 on DDex exchange.(3) $340 billion broker Interactive Brokers debuts Bitcoin trading in Hong Kong as crypto demand grows.
Over 100K Ordinals minted on Bitcoin, bringing cheers and network congestion.(2) IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction. Paying the way for Bitcoin adoption in El Salvador: Video.
Bitcoin hashrate hits 300 EH/s mark as industry gets some breathing room. Bitcoin miner Hive delays latest financial filings till Feb-end. Jordan Peterson asks for help to be onboarded on Bitcoin Lightning Network. Education is key to financial freedom, says Bitcoin advocate Najah Roberts.
STABLECOINS
$BUSD Stablecoin inches toward $1 peg after Binance CEO CZ comments. Stablecoin markets pick winners and losers ahead of SEC Paxos lawsuit; Tether soaks up $1B.(3) Stablecoin Issuer Paxos Categorically Disagrees With SEC’s Notice Alleging That Binance USD Is a Security. $USDC Issuer Circle Refutes SEC Enforcement Action FUD.(2)
ALTCOINS
Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade. Ether selling pressure should be fairly limited around the Shanghai Fork upgrade. Ethereum ($ETH) Price Begins Recovery, but Will It See $2,000 This Month? $XRP jumps 5% on the news that Ripple sold XRP only in connection with ODL transactions. Cardano got a 'Valentine' upgrade; it benefitted $ADA token. What is Dogecoin? Messari Analyst Reveals Why Polygon Is Set For Steady Growth. Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum.
EXCHANGES
For The “Sake” Of Crypto, Coinbase Willing To Talk With Regulators. FDIC Tells Crypto Exchange CEX.IO to Stop Claiming US Dollars Held in Its Wallets Are Insured.
LEGISLATION/REGULATION
Republicans plan to reintroduce legislation restricting Crypto in 401(k): Politico.(2) Senate Republican drafting proof-of-reserve legislation. ‘Crypto Crash’ Senate hearing shows political party divide on how to regulate the sector. SEC's hostile approach to Crypto space made investors lose Billions of $USD. Warren pledges to reintroduce crypto anti-money laundering bill.(2) Crypto regulation decided by Congress, not the SEC: Blockchain Association. The SEC is taking aim at Paxos and (annoyingly) it’s good for Bitcoin. SEC proposal could bar investment advisers from keeping assets at Crypto firms. SEC to vote on rule that would tighten crypto custody requirements.(2)
EU banks told by regulator to apply Bitcoin caps even before they become law.(2) Binance and Huobi freeze $1.4M in Crypto tied to Harmony Bridge theft. South Korea to examine crypto staking services following the Kraken case.
LEGAL CASES
Celsius
Celsius creditors committee proposes suing Mashinsky, other Celsius execs.(3) Celsius debtors release sale plan, choose NovaWulf as plan sponsor.(3) Celsius's CEL Token May See 20 Cent Value in Recovery Process, Attorney Says.
FTX
SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit. Sam Bankman-Fried, Caroline Ellison, and other company insiders subpoenaed by FTX for documents.(2) FTX Seeks to Reclaim $400 Million From a JPMorgan Account: New York Times. Judge denies appointment of independent examiner in FTX bankruptcy.(3) FTX Transferred $7.7B from Bahamian Estate to US units ahead of Bankruptcy filing, court told.
ATTACKS/HACKS/SCAMS
Scam Alert: Fake SHIBARIUM Token Deployed on Various Platforms by Scammers.
Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on Wubits where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations. Thanks again for reading, watching, and listening with me. Tornado Cash Developer to Stay in Jail as Dutch Trial Continues.
WATCH
LISTEN
Podcast of the Day: BTC117: Bitcoin and the Start of the Information Era w/ Luke Broyles | Bitcoin Fundamentals
Other Podcast
- The SEC Declares War on Crypto with Ryan & David | Bankless
- The Chopping Block: The SEC Is Attacking Crypto – Will Gary Gensler Succeed? | Unchained
- SLP459 Q1 and Bitcoin Security with NVK | Stephen Livera Podcast
- Crypto Is Doomed | How Mario Nawfal & Elon Musk Are Trying To Save it | The Wolf Of All Streets
- Slightly Hot Inflation Print Probably Won’t Change the Fed’s Perspective | The Breakdown
- Feb 14: Battle for North America has Begun | gm
- Read_701 - Lightning for Everyone in Every App [Roy Sheinfeld] | Bitcoin Audible
- Deal Room: here’s what top crypto VCs anticipate for 2023 | The Scoop
- Bitcoin Mining & the Energy Grid Transition with Troy Cross & Shaun Connell | What Bitcoin Did
- Controlling Risk with Hive Blockchain | The Mining Pod
- The Short List of FTX’s Power Players | Bloomberg Crypto
