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Follow Dat Money | Crypto Projections
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Welcome to Thursday Folks! Yesterday, Ripple got a major win in its case against the SEC, Tether decided to use its profit to buy Bitcoin, and Ripple acquired Metaco for Crypto custody; price of Bitcoin is currently at $27,354.90. The fear and greed index inched a tad to 51 and the best performing asset for the past 24 hours is $XRP up 0.27%; in position #6. Let's get on to the news...
Trending News Topics:
- FTX and SBF Sued (3)
- Binance Australia halts AUD transfers (2)
- Crypto regulated in UK (2)
BITCOIN
Bitcoin Rebounds Amid Optimism on Debt-Ceiling, however Bitcoin is stuck below $28K resistence.(2) U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs. Bit Digital to expand Bitcoin mining to Iceland amid US regulatory pressure.(2) Bitcoin and proof-of-stake have natural ‘synergy.’ Bitcoin Lightning Company Lightspark Introduces Lightspark Wallet SDK. Bitcoin NFT marketplace using RGB protocol launches, CEO calls BRC-20 tokens a dumb ‘experiment.’
Opinion: Hyperbitcoinization coming, says Bitcoin OG Adam Back as ‘wholecoiners’ hit 1 million
STABLECOINS & CBDCs
Ripple unveils CBDC platform enabling governments to issue digital currencies. Months After De-Pegging Event, USDC Continues to Lag Behind Tether.
ALTCOINS
XRP Becomes Top Traded Asset on South Korea's Bithumb, Surpassing Bitcoin (BTC)
EXCHANGES & WALLETS
Binance Australia Halts Australian Dollar Bank Transfers.(3) Binance Loses Australian Banking Partner as Scams Prompt Closer Scrutiny. Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability.(2) Coinbase expands subscription service to UK, Germany and Ireland.(2) Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys.
Opinion: Ledger CTO Charles Guillemet on Recover software's access to private keys: 'The tradeoff, I think, is acceptable'
LEGISLATION & REGULATION
UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath.(2) U.S. Hearing Highlights Stablecoin Rift in Competing House Bills. G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief T. Raja Kumar Says. CFTC chair Rostin Behnam says DeFi crypto exchanges will be regulated even if they are 'just code.'
Opinion: Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Interview: Legal Eagle John Deaton on Crypto’s Regulatory Battles
LEGAL CASES
FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy.(4) U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy.
Case alert: Controversial Ripple v. SEC documents to be revealed by this date.(2)
Opinion: Bill Morgan says XRP Can't Be Security.
ATTACKS/HACKS/SCAMS
Polish Documentary Spills the Beans on The Great Bitcoin Scam. Former CFO indicted for diverting $35M to cryptocurrency venture.
WATCH
LISTEN
Podcast of the Day: Ledger Recover Announcement Leads to Massive Crypto Uproar | The Breakdown
Other Podcast
- Is Ledger Safe? with CTO, Charles Guillemet | Bankless
- FactSet + CoinMetrics on Institutional Crypto Data | OTB
