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Powered by The Texas Bitcoin Roundup - A Hoe-Down With A Purpose
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Happy Tuesday Folks! Yesterday, a bunch of bull junk was going on with JPEX, Ethereum's testnet failed to go live, and Bitcoin price started pumping. Today, the Judge is trying to tell the SEC and Binance.US to simma down na! Meanwhile, Bitcoin is trading at $27,132.02; it continues to rise and I believe $30K is coming soon. Let's get on with the news...
SUMMARY
Bitcoin sees fresh upside volatility as BTC price strength revisits key levels, Bollinger Bands suggests. Bitcoin bounce due to Mt. Gox delay rumors but still targeting $22,000, says QCP. Investing $100/week into Bitcoin in 2023 would be this worth $4,016.30 on $3,800.00 invested for the year. Bitcoin futures open interest jumps by $1B: Manipulation or hedge? BTC percent supply last active 3+ years ago surpassed the 40% milestone.
A dormant Bitcoin address containing around 2,100 BTC—or approximately $56.3 million at today's rates—has suddenly become active after nearly six years. Satoshi Nakamoto, Grayscale, and Binance are the top 3 biggest Bitcoin HODLers.
Accounts monitoring blockchains for major mints, trades and token transfers have flagged a $1 billion authorization of in Tether’s Treasury that is set to provide near term USDT liquidity for the Tron network. USD Coin the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot.
Hong Kong lawmaker Duncan Chiu said that he hopes the stablecoin regime, currently in second consultation, could officially commence by the middle of next year.
Hong Kong police are looking to tighten the noose around the crypto market after the arrest of eight people for their connections in an alleged JPEX fraud — and may arrest more as probes continue.
The U.S. Securities and Exchange Commission (SEC) has successfully unsealed key court documents concerning its ongoing lawsuit against Binance Holdings Limited and its associated entities. A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday; Judge asks Binance.US and SEC to simmer down in dispute over documents. Binance unit Ceffu has been a point of contention between the Securities and Exchange Commission and the crypto exchange over its handling of U.S. customer assets. Binance CEO Changpeng “CZ” Zhao said its U.S. unit has not used the company.
FTX bankruptcy estate sues Sam Bankman-Fried's parents, Joseph and Barbara, to claw back 'misappropriated funds.' Cøbra can't fight $700K Craig Wright legal fees as an Anon, UK Judge rules again.
CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to a $70 million hack.
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Podcast of the Day: Vitalik Buterin: Ethereum For The Future | Bankless
WEEDS
Bitcoin
- Price (Cointelegraph | TB | Cointelegraph)
- DCA (Finbold)
- Dormant Address (UToday)
- HODLers (CryptoPotato | Finbold)
- Metrics (CryptoPotato | Cointelegraph)
Stablecoins
- USDT (Cointelegraph)
- USDC (Cointelegraph | TB)
Legislation/Regulation
- Hong Kong/Stablecoins (TB)
Legal Issues
- JPEX (TB | Cointelegraph)
- Binance.US (UToday | TB | CoinDesk | Cointelegraph | BIC | CoinDesk | TB | CoinDesk | Cointelegraph)
- FTX (CoinDesk | BIC | TB | CryptoPotato | Coindesk | Cointelegraph)
- Craigh Wright (CoinDesk)
Attacks/Hacks/Scams
- CoinEx (Cointelegraph | TDH)
