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Follow Dat Money | Crypto Projections
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Welcome to Thursday Folks! Yesterday, we learned that Signature bank was being investigated and today we learn that the FDIC is asking any buyer of the bank to shut down all Crypto business; WTH? Let's get into today's news...
Trending News Topics:
- Shanghai April 12 (7)
- No Crypto says FDIC (5)
- Credit Crunch Coming (4)
CRYPTO
Banking contagion sparks crypto frenzy: investors rush to ‘HODL’ Bitcoin and Ethereum. BlackRock's Fink says tokenization of asset classes could drive efficiencies in capital markets. 21Shares Closes 6 Crypto Exchange-Traded Products.
OPINION: Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood. BitMEX Exec Salama Belghali: High Interest in Crypto from Global Institutions Despite Black Swan Events.
BITCOIN
Bitcoin Dips Below $25K as Market Worries About Liquidity and returns to $25K; Hold Steady.(4) Bitcoin bears could face $440M loss in Friday’s options expiry. Bitcoin Held in Funds Drops to Lowest Since October 2021.(2) Bitcoin Total Addresses Sees Rapid Growth, Sign Of Adoption? Bitcoin ad truck in front of Silicon Valley Bank HQ grabs worldwide attention. Ethereum's next big upgrade Shanghai (aka Shapella) expected to hit mainnet on April 12.(7) Crypto mining in 2023 — Is it still worth it? Watch Market Talks.
OPINION: US credit crunch means it’s time to buy gold and Bitcoin: Novogratz.(4)
STABLECOINS
Tether's Stablecoin Market Cap Now Double USDC After SVB Chaos. Circle 'substantially clears' backlog of $USDC redemptions.(4)
ALTCOINS
Binance Coin (BNB) Price Soars Above $300, Is Next Stop $400? Crypto community sets Cardano (ADA) price for March 31, 2023: $0.3022. Crypto community with 79% historical accuracy sets DOGE price for March 31, 2023: $0.0858.
EXCHANGES & BANKS
Circle CEO Jeremy Allaire Warns Contagion Risks to Banks is Not Completely Gone. FDIC asked Signature buyers to stop all crypto business.(5) Blockchain Association seeks documents on crypto 'de-banking' from FDIC, Fed.(2) Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper. European Regulators Blast Federal Reserve for SVB Depositor Bailout.
OPINION: Crypto Observers Believe U.S. Banking Crisis Could Strengthen Crypto Ecosystem in the Long Term. Former FDIC Regulator: Friendliness Toward Crypto 'Does Not Exist.'
LEGISLATION & REGULATION
SEC Boss Suggests Ethereum (ETH) Might Be Security Once Again. Sen. Bennet takes potshot at crypto, says it's less stable than marijuana industry.
LEGAL CASES
Binance-Voyager deal to go without holdings, NY judge rules.(3) Voyager Judge Provides Ripple Another Victory Argument In Battle Vs. SEC. SBF’s inner circle received $3.2B, mainly from Alameda.(3) Sam Bankman-Fried Demands Insurance To Reimburse Attorneys’ Fees. New lawsuit accuses social media, YouTube influencers Erika Kullberg, Ben Armstrong, and Kevin Paffrath of hyping FTX without proper disclosure.(3)
OPINION: FTX fiasco set back the approval of Bitcoin spot ETFs: Valkyrie investment chief Steven McClurg
ATTACKS/HACKS/SCAMS
Euler hacker seemingly taking their chances, sends funds to crypto mixer.(3) Scam alert: $300,000 stolen by fake Blur airdrop websites.
WATCH
LISTEN
Podcast of the Day: Is Credit Suisse the Next Banking Domino? | The Breakdown
Other Podcast
- Read_711 - The Future Geopolitical Order and Bitcoin, Part 2 [Matthew Pines] | Bitcoin Audible
- EU Banking Crisis, Why Do We Have 2% Inflation and Alladan with Bitcoin Trading Cards - March 15th, 2023 | The Cafe Bitcoin Podcast
- gm: Coinbase's Top Lawyer Gets Real | gm
