24 May: Commodity or Security?

24 May: Commodity or Security?

By theinspired | Inspiration | 24 May 2023


"Either move or be moved."
 –Ezra Pound

Powered by LifeLine - The Power of Prevention

Follow Dat Money | Crypto Projections

READ

Guess what day it is? HUMPDAY! Yesterday, HODLing is in vogue, Ledger delays new feature, and Core Scientific might exit bankruptcy; the price of Bitcoin is currently at $26,715.50. The fear and greed index remains at 50 and the best performing asset for the past 24 hours is $XRP up 0.18%; in position #6. Let's get on to the news...

Trending News Topics:

  • Commodity or Security? (2)
  • Don't Bet on Doge (2)
  • Hacks are dropping (2)

Commodities are Securities? That is the question we are still trying to answer after 14 years. CFTC Commissioner Rostin Behnam says Crypto Assets are commodities, while the former CFTC Dan Berkowitz say they can be both.

Just when it seemed Bitcoin and Ether were pushing higher, UK Core CPI reached the highest since 1992, pushing the assets back down once again. In addition, the US debt ceiling is also causing pressure. Now, Peter Brandt is saying a pennant or flag pattern is showing up and this is short term bearish. Non-profit organization Energy Web said its starting a free sustainability registry for bitcoin miners, which takes into account their energy inputs and impact on electric grids, according a press release.

If you are betting the farm on $DOGE umm, you might not want to do that according to Elon Musk. Things appear to be getting bullish for MATIC as addresses hit 2-year high.

Governments will go cashless as they shift to CBDCs.

BitPay Integrates Brave Wallet Amid ‘Strong Interest’ From Major Retailers and Brands. Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet.

Do Kwon's bail revoked by Montenegro court.

Crypto hacks dropped in Q1 thanks to arrests and sanctions. Folks, you have to be sharp in the Crypto space because a lesser known crypto project called DF Fintoch (allegedly associated with Morgan Stanley) appears to have taken off with $32 million of user funds in a likely exit scam.

WATCH

LISTEN

Podcast of the Day: The Future of Bitcoin with Nic Carter, Eric Wall, & Udi Wertheimer | Bankless

Other Podcast

  • 79: The Witness Discount | Bitcoin Explained
  • Alex Gladstein on Bitcoin's role in the global south | The Scoop
  • Read_733 - Mint the Future With Taproot Assets [Ryan Gentry] | Bitcoin Audible
  • U.S Dollar & Energy's Role In The "Debt Death Spiral" End Game | Luke Gromen  | On The Margin

How do you rate this article?

21


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?