19 May: Bitcoin Drops 3%

19 May: Bitcoin Drops 3%

By theinspired | Inspiration | 19 May 2023


"The best way to change the world is in concentric circles:
start with yourself and work your way out from there."
 –James Clear

Powered by LifeLine - The Power of Prevention

Follow Dat Money | Crypto Projections

READ

It's Frrriiiddaaayyy Folks! Yesterday, FTX and SBF got sued once again, Biance Australia halted AUD transfers, and Crypto got regulated in the UK; price of Bitcoin is currently at $27,354.90. The fear and greed index dropped to 48 and the best performing asset for the past 24 hours is $XRP up 0.09%; in position #6. Let's get on to the news...

Trending News Topics:

  • Bitcoin drops 3% (2)
  • CBDCs have potential (2)
  • XRP is having a great week (1)

CRYPTO

Opinion: Crypto still has many lessons to learn from traditional finance, TP ICAP says

BITCOIN

Bitcoin price retests key support as Fed rate hike fears steal $27K; Bitcoin drops 3%. Decreased Bitcoin Activity and Liquidity Point to Imminent Volatility Spike. MicroStrategy Looking at Bitcoin Ordinals for App Development, Says Michael Saylor.

Bitcoin Miner Outflows Could Indicate More Selling Pressure. Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet.

Opinion: Anthony Scaramucci Says Bitcoin 50% Undervalued, Predicts Bitcoin adoption Will Trigger ‘Explosive Returns’ for BTC.

STABLECOINS and CBDCs

Joint New York Fed, MAS Project Demonstrates Potential of Distributed Ledger for Payments.(2) Stablecoin survival: Navigating the future amid global de-dollarization.

ALTCOINS

Investors flock to XRP injecting $1.6 billion in a week.

EXCHANGES & WALLETS

Bitcoin Wallets Surge as Saving Accounts Decline. Ledger clarifies how its firmware works after deleted tweet controversy.

LEGISLATION/REGULATION/TAXATION

Texas proof-of-reserve bill passes through the Senate. Coinbase Asks Judge to Force SEC to Regulate Cryptocurrency Market. Swiss canton Zug increases bitcoin, ether tax payment threshold above $1.6 million.

ATTACKS/HACKS/SCAMS

Swaprum DEX team disappears with $3 million in apparent exit scam on Arbitrum network.

WATCH

LISTEN

Podcast of the Day: Bitcoin Vs. US Debt Ceiling | Live Panel With S&P Global DeFi Team | TWOAS

How do you rate this article?

25


theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.

Page not displaying correctly?