"If you can't describe what you are doing as a process, you don't know what you're doing."
–W. Edwards Deming
Powered by LifeLine - The Power of Prevention
Follow Dat Money | Crypto Projections
READ
Welcome to Thursday Folks! Yesterday, news started off slow but picked up very fast with BIS claiming that fiat has beat Crypto; not. New York now wants to oppose the Voyager acquisition?
Trending News Topics:
- Coinbase launch layer 2 Blockchain (9)
- SBF hit with new charges (7)
- IMF: Crypto shouldn't be Legal Tender (7)
CRYPTO
Crypto Now Seeing Capital Inflows Of $4.5 Billion Per Month: Glassnode. Coinbase CEO Brian Armstrong Says Crypto in ‘Despair Phase’ Amid US Exchange’s $2,625,000,000 Annual Loss. DZ, Germany's Second-Largest Bank, Taps Metaco for Digital Asset Custody.(3) Galaxy acquires institutional crypto custody firm for $44M. Crypto Assets Starting To Become “Overbought,” Santiment Says. There are now more than 130 U.S. banks actively involved in crypto. IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender.(7) US Bank Regulators Issue Fresh Warning on Crypto Liquidity Risks. Crypto vs Fiat: Has Cryptocurrency Lost the Battle Against Traditional Currency.
BITCOIN & ETHEREUM
Bitcoin eyes 25% of world's wealth in new $10M BTC price prediction. Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says. Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry. Bitcoin’s Resilience Amidst Cross-Asset Sell-Off.(2) Bitcoin and S&P 500 Correlation Turns Negative for the First Time Since FTX Collapse. Bitcoin’s Future Hinges on Donations, and That’s Got People Worried.
Luxor partners with Southeast Asia mining firm, seeks to attract capital. Bitcoin miners returned enough power to heat 1.5 million homes during Texas blizzard. Montana Senate Passes Bill Protecting Crypto Miners.
Ethereum Price is Showing Signs of Fresh Rally, But This Resistance Is The Key. Only 0.04% of Ethereum validators have been slashed since 2020, says core dev. What Investors Should Look Out For Ahead Of Ethereum Shanghai Upgrade. What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity.
STABLECOINS
$USDC Operator Circle to Boost Hiring by 25% Despite Widespread Industry Layoffs.(3) Frax Finance to retire algorithmic backing amid stablecoin crackdown. Stablecoins’ Market Cap Has Been Falling for Nearly a Year, Report Reveals.(2) Paxos lands on the front lines of new US crackdown on crypto. Mastercard Rolls Out System Allowing for Stablecoin Payments Directly From Crypto Wallet.
ALTCOINS
$XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility. Dogecoin Price Faces Further Drop After Relief Rally. Solana Blockchain Well Positioned to Reassert Itself as a Genuine Layer 1 Competitor: Coinbase.
EXCHANGES
Binance Closed Derivative Positions of Some Australian Users, Will Compensate Them for Losses.(3) Coinbase Launches Layer 2 Blockchain Base to Provide Onramp for Ethereum, Solana, and Others.(9) Coinbase Adds Support for Euro-Pegged Stablecoin After Binance CEO Predicts New Trend for Crypto Sector. Kraken’s Head of OTC Options Trading: Investors Are Still Interested In Crypto, Staking. US Federal Reserve denies Custodia Bank's request for Fed supervision.(2)
LEGISLATION/REGULATION
Crypto Regulatory Initiatives Show SEC’s Dominance Among US Regulators: JPMorgan. SEC Boss Hints That Ethereum (ETH) Is a Security. Mini-burritos and MiCA: US congressional staff talk crypto with Europeans.
LEGAL CASES
Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case. SEC and New York regulators push back on Binance.US's acquisition of Voyager.(4) Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement. BlockFi embroiled in bankruptcy drama over customer wallets. Sam Bankman-Fried Hit With Additional Bank Fraud Charges in New Indictment.(7) Sequoia Capital, ‘Inspector Gadget’ creator hit by FTX class-action lawsuit. Alameda-Backed Crypto Trader Folkvang Is Still Standing Despite Big Hit From FTX's Demise.
ATTACKS/HACKS/SCAMS
Forsage founders indicted in $340 million Ponzi schem.(4) Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs. DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack.(2)
Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on Wubits where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations. Thanks again for reading, watching, and listening with me.
WATCH
LISTEN
Podcast of the Day: Scaling Bitcoin Culture with Amanda Cavaleri | What Bitcoin Did
Other Podcast
- SLP461 What Bitcoin Specialises In with Matt Corallo | Stephan Livera Podcast
- BM Pro - Bitcoin vs the Dollar w/ Preston Pysh and Dylan LeClair | Bitcoin Magazine
- Bitcoin Mining with the Power of the Ocean - Nate Harmon at OceanBit - February 22nd, 2023 | The Cafe Bitcoin Podcast
- Is Custodia a ‘Sacrificial Lamb’ to the Fed’s War on Crypto Banking? | The Breakdown
- ETH Is NOT Ultrasound Money with Jon Charbonneau | Bankless
- Feb 22: Coinbase Q4 Revenue Beats All Expectations | gm
- #207: Trevor Jones, Creator of The Bitcoin Angel, on Digital Art, Fine Art, and NFTs | CryptoNews Podcast
