"Remember upon the conduct of each depends the fate of all."
–Alexander the Great
Powered by LifeLine - The Power of Prevention
Follow Dat Money | Crypto Projections
READ
Guess what day it is? HUMPDAY! Yesterday, Celsius adds 428K stETH, EU approved MiCA, and SEC says No to Coinbase about new rules; price of Bitcoin is currently at $27,091.20. The fear and greed index dropped back to 50 and the best performing asset for the past 24 hours is $DOGE up 0.33%; in position #8. Let's get on to the news...
Trending News Topics:
- Major Win for Ripple (7)
- Tether buys Bitcoin (6)
- Ripple acquires Metaco (5)
CRYPTO
Ripple splashes $250 million on Metaco acquisition.(5) Ripple CEO Brad Garlinghouse Incredibly Bullish on Company's Trajectory Despite Crypto Winter. Fidelity International Cautious and Curious on Crypto, Expects Asset Class to Mature.
Opinion: Potential US Debt Default Could Crush Crypto and Stock Markets, Warns Bloomberg Strategist Mike McGlone.
BITCOIN
Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations. However, This On-Chain Bitcoin Metric Signals New Bull Market Forming.(2) Bitcoin Whales Amassed $2.3 Billion Worth of BTC in 5 Weeks.(2) Meanwhile, Bitcoin (BTC) Might Face Plunge to $24,000 If This Level Breaks. Bitcoin Lightning Network Developer Announces Taproot Assets Upgrade.(3) Tech enthusiast converts Bitcoin miner into heater to grow cannabis. The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today.
Opinion: New survey says Bitcoin is safer than the US dollar
Question: Bitcoin’s 2023 Rally: A Prelude to New Highs?
ETHEREUM
Moving Up the Risk Curve: Institutional Investors Cautiously Consider ETH’s Potential. Grayscale, Bitwise Pumping Brakes on ETH Futures Plans.(2) Ethereum Briefly Stopped Finalizing Transactions.
STABLECOINS
Tether to invest up to 15% of its profits in Bitcoin.(6) Index Coop’s Money Market Index Wants to Diversify Your Stablecoin Holdings. USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default.
Opinion: Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
ALTCOINS
Cardano (ADA) Price Struggles to Reclaim $0.40. Dogecoin (DOGE) Price Risks Sell-off but Only if It Loses This Key Support. Tokens built on Dogecoin result in all-time high in daily transactions; Dev is skeptical.(5)
EXCHANGES & WALLETS
Coinbase Temporarily Halts ETH Staking Reward Payout but expands Singapore services.(2) Coinbase Builds Base Camp for Web3 Developers. Ambitious Quarter Sets Up Coinbase To Be Future Giant. Binance's market share drops as crypto exchange doesn't 'feel the need to capture more.' Crypto.com adds Pay support for MATIC, USDC and DAI.
Opinion: Bitcoin self-custody advocate explains why on-ramps are key to adoption.
Question: Are Crypto Hardware Wallets Private and Secure As They Claim? MicroStrategy Raps Hard: Is the Collapse of the Crypto Exchanges Imminent? High Gas Fees Worth the Pain? Ethereum’s Deflationary Model in Action.
LEGISLATION & REGULATION
Opinion: SEC Can Change Its Mind on Crypto Regulation Along the Way, Warns Top Coinbase Executive. Pakistani finance minister says crypto will never be legal because of FATF.
LEGAL CASES
Major win for Ripple as judge denies SEC’s motion to seal Hinman documents and Brad Garlinghouse celebrates; XRP jumps 8%.(7) Ripple vs SEC: Countdown Begins for Unsealing of Summary Judgment Documents. Countdown to the XRP Decision: Inside Ripple’s Defense Strategy.
Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets.(2) Citadel Securities sues crypto firm, alleges former executives stole trade secrets.
Voyager Customers May Get 35% Return, as Judge Approves Liquidation Plan.(2) Do Kwon’s Bail Appealed by Montenegrin Prosecutors. Yes, Prosecutors Will Claw Back FTX Money From US Lawmakers.
Opinion: Ripple CTO Weighs in on Ledger Controversy. Lawyers in Voyager Case Engaged in ‘Reckless Conduct,’ Mark Cuban Says.
ATTACKS/HACKS/SCAMS
Russian Hacker Charged in $200M Crypto Ransomware Scheme Against US Infrastructure. Crypto Influencer Vows to Refund Victims Who Bought ‘Honeypot Scam’ Token. LayerZero, Immunefi Offer Bug Bounty With $15M Max Payout.(2)
Question: Crypto Influencers: Are They Responsible for Promoting Obscure Scams?
WATCH
LISTEN
Podcast of the Day: BTC130: Inscriptions & High Fees On Bitcoin L1 w/ Tuur Demeester | Bitcoin Fundamentals
Other Podcast
- Bitcoin Self-Custody and Hardware Wallets with the Café Bitcoin Crew - May 16th, 2023 | TCBP
- Bitcoin’s BRC-20 Mania: Is It Sustainable? | Unchained
- Optimizing a 51% Attack | Justin Drake | The Mining Pod
- SEC Finally Responds to Coinbase Lawsuit | The Breakdown
- SLP479 Defending Open Source with Jess Jonas of Bitcoin Legal Defense Fund | SLP
- Will US Regulators Kill Crypto? Expert Panel With Bruce Fenton, Noelle Acheson, Brett Harrison, Seth Hertlein, Simon Dixon, And Jeremy Kaufman | TWOAS
