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It's Frriiddaaaayyyy Folks! Yesterday, banks are buying Bitcoin via MicroStrategy stock and it was rumored that BlackRock would file for a Bitcoin ETF and then they did; the price of Bitcoin is currently at $25,515. The fear and greed index jumped to 47 and the best performing asset for the past 24 hours is $ETH up 0.02%; in position #2. Let's dive into what is of importance.
Professional investors still have an appetite for Crypto Assets.
Bitcoin price eases downside as traders demand $24.5K support holds. BlackRock takes giant leap toward spot Bitcoin ETF with SEC filing; approval rate is 575-1. Cubans are adopting BTC to escape ‘The Matrix.’
Analysis: Buying Bitcoin is preferable to BTC mining in most circumstances. Self-custody Bitcoin amount unmeasurable so far, says Santiment exec.
Opinion: Top Expert Nate Geraci Foresees Win-Win-Win Scenario for BlackRock's Bitcoin ETF. Veteran Trader Peter Brandt Issues Bitcoin Warning, Says BTC Now ‘Hinged’ to the Downside. Is BlackRock's ETF good or bad?
Ethereum staked ready to flip ETH on crypto exchanges. JPMorgan says Ethereum could be put into ‘other category’ by US Congress. Polygon, Cardano, Solana delisted from Bakkt, 1 week after Robinhood.
Documents reveal USDT was once backed by Chinese securities.
Binance exits the Netherlands after failing to acquire regulatory approval; cuts staff. Also,Binance Under Investigation in France, Accused of 'Aggravated' Money Laundering; Binance responds. Coinbase customers can now earn 4% USDC rewards despite SEC scrutiny and spends $45.5 million to buy back some of its debt. Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App. FDIC warns OKCoin about deceiving customers with protection claims. Abra, CEO face enforcement actions from Texas Securities Board; company insolvent for months. Crypto Lobbyists Ask SEC for Info on Prometheum, The Mysterious 'Regulated' Crypto Firm.
Hinman documents raise questions about SEC’s motives, but Ripple and SEC Seem to Agree About Not Taking Hinman Speech Seriously.
Opinion: Ripple v. SEC Case to Be Resolved Within Days: SEC Veteran Mark Fagel. Pro-XRP Lawyer John Deaton Says Release of Highly Anticipated Hinman Emails Won’t Affect Outcome in SEC’s Ripple Lawsuit. Ripple CEO Brad Garlinghouse Slams SEC Following Hinman Email Reveal, Says Regulator Acting in Bad Faith.
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit. Judge will consider whether to try Sam Bankman-Fried separately for superseding charges. Voyager to Enable Customer Withdrawals This Month.
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Podcast of the Day: SLP487 Bitcoin Mining Energy Debate - Digiconomist and Ben Gagnon | SLP