22 Mar: Fed UP!

22 Mar: Fed UP!

By theinspired | Inspiration | 22 Mar 2023


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Guess what day it is Folks? HUMPDAY! Yesterday, Euler hacker agreed to return funds, Circle ramped up in Europe, and Jack Mallers said to trust Bitcoin not the Fed. Crypto Fear and Greed Index is at 62 down from 68 yesterday - which is a good drop. Let's see what today brings us...

Trending News Topics:

  • XRP rallies (5)
  • White House Report (4)
  • Nigeria CBDC spikes (2)

RATE HIKE

Bitcoin experience wild volatility as the price swings from nearly $29K to $27K as Fed, Powell Keep Focus on Inflation; indicates no more rate hikes.(5)

CRYPTO

2023 U.S. Economic Report Says Crypto Assets ‘Have No Fundamental Value.’ Crypto Fear and Greed Index Surges to Highest Level This Year Amid Rising Optimism.

BITCOIN & ETHEREUM

Bitcoin outperforms commodities in 2023 suggesting BTC ‘super cycle’ is on. Over 70% of Bitcoin holders are currently in profit as bulls take charge. Bitcoin Whale Activity Reaches Highest Weekly Levels Of 2023. Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for Retail Customers. Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S. 

Ethereum Price Could Stage Strong Rally If It Closes Above This Resistance. Bullish Sentiment Returns After Ethereum (ETH) Price Breaks out From 490-Day Resistance Line. Ethereum price at $1.4K was a bargain, and a rally toward $2K looks like the next step.(2)

OPINION: Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil

LESSON: Ethereum as a deflationary asset, explained.

STABLECOINS

Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis. US Government Attacks Bitcoin In New Report While Promoting A CBDC. Nigeria CBDC adoption spikes as fiat currency shortage grip the nation.(3)

OPINION: Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar. In Defense of a Digital Dollar.

ALTCOINS

XRP shoots 20% in 24 hours as optimism around SEC case grows.(6) Cardano (ADA) Faces Large Sell-Off Following 14% Price Spike. Why is Cardano price up today? 

EXCHANGES & BANKS

SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert.

OPINION: Bittrex Global CEO Oliver Linch: ‘Every Big Bank Now Has a Substantive Crypto Desk’ ‘Operation Choke Point 2.0’ may have contributed to SVB’s collapse: Mulvaney. Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood.

LEGISLATION & REGULATION

‘Crypto FUD’ — Industry outraged as White House report slams crypto.(5) US Senator Ted Cruz tries again with new bill to block CBDC.(4) Payment restriction in EU anti-money laundering bill irks crypto industry. Monero Founder Riccardo Spagni Refutes Allegations of Helping Interpol Trace Funds. EU Banking Authority to Hire Crypto Experts as it Prepares for New MiCA Law.

LEGAL CASES

Messari CEO Backs Ripple to Beat SEC Despite Being Former Critic. SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos; also Linsay Lohan, Soulja Boy, and others.(2) Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge. Crypto.com Customer Whose Partner Mistakenly Received $10.5M Has Been Granted Bail.

ATTACKS/HACKS/SCAMS

Circle confirms chief strategy officer's Dante Disparte Twitter account was hacked, airdrop thread is 'not legitimate.'(3) One in Three Americans Victims of Crypto Theft. OneCoin Crypto Scam Facilitator Irina Dilkinska Faces 40 years imprisonment.(2)

WATCH

LISTEN

Podcast of the Day: The US Treasury May Need Private Stable Coins w/ Matthew Pines | Bitcoin Fundamentals

Other Podcast

  • The FDIC is Exploring How to Ensure All US Bank Deposits | The Breakdown

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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!

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