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Follow Dat Money | Crypto Projections
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Happy Tuesday Folks! Yesterday, Paul Tudor Jones will stick with Bitcoin, 1M Wallets hold 1 $BTC, and BlockFi to dissolve lending platform; price of Bitcoin is currently at $27,091.20. The fear and greed index jumped a bit to 54 and the best performing asset for the past 24 hours is $ETH up 0.19%; in position #2. Let's get on to the news...
Trending News Topics:
- Celsius addes 428K stETH (6)
- EU approve MiCA (4)
- No new Rules says SEC (3)
CRYPTO
BNY Mellon Commits to Long-Term Digital Asset Initiatives. US Secret Service holds crypto, praises blockchain tech in Reddit AMA. (2) Crypto Has Never Seen a Long Recession. How 4.3 million crypto investors lost $46 billion in just five months — told in charts.
BITCOIN
Ordinals, BRC-20 Tokens, and Miners Offloading BTC. Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market. Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal. Massive Bitcoin Withdrawal: $800 Million Vanishes from Exchanges.
Opinion: Bitcoin is a threat to the energy-use status quo – and that’s a good thing
Question: Is the Bitcoin (BTC) Price Bounce a Relief Rally or a Bullish Reversal? Ordinals turned Bitcoin into a worse version of Ethereum: Can we fix it?
ETHEREUM
Lido Launches V2 and Releases Staked Ethereum for Withdrawals. Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock.’ 3 reasons why Ethereum price could struggle at the $1.9K level.
Opinion: The New Crypto Cycle Will Be About Ether Yields: Bernstein
STABLECOINS & CBDCS
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad.’
ALTCOINS
Dogecoin (DOGE) Building Block Teases New Release. Solana sees surge in new users amid higher fees on Ethereum, Bitcoin.
Opinion: Max Keiser Makes Strong Statement About XRP.
EXCHANGES & WALLETS
Bitcoin Ordinals, BRC-20 token traders gain a new ally as OKX upgrades.(2) Ledger Under Fire for Allegedly Exposing User Seed Phrases; community reacts.
LEGISLATION & REGULATION
Leaked Memo Reveals US Democrats’ Organized Anti-Crypto Stance; community responds. Waters Floats Stablecoin Bill Draft Ahead of Thursday House Hearing. Gensler: SEC 'Stands Ready to Help' as Crypto Startups Face Wave of Enforcement Actions; but are generally noncompliant.(2) Crypto, Regulatory Oversight Both Culpable in Signature’s Collapse, FDIC Chair Admits. Banks, lawmakers add to Circle, Coinbase, a16z critiques of custody rules. Coinbase Hasn't Proven SEC Needs to Create Crypto-Specific Rules, Regulator Says.(3) EU finance ministers approve MiCA crypto regulation; adopts rules to collect crypto transaction data to give tax authorities.(4)
LEGAL CASES
BlockFi used customer money to buy $30M insurance, creditors claim.(3) Celsius moves $900 million in stETH as Lido Finance enables withdrawals.(6) Do Kwon Failed to Reveal $1 Billion Deal With Jump Trading, Says SEC. Ripple CEO Brad Garlinghouse Accuses SEC of Hypocrisy Over Public Statements.
ATTACKS/HACKS/SCAMS
‘Trusted seller’ vends fake Trezor wallets stealing crypto: Kaspersky. Serial Phishing Scammer Uses a Mix of Laundering Techniques, Including Coin Swaps and a Mysterious OTC.
Question: Can you recover stolen Bitcoin from crypto scams?
WATCH
LISTEN
Podcast of the Day: The Power of Bitcoin: Joe Burnett on Saving Wealth at Scale & Hyperbitcoinization" | TBM
