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Welcome to Thursday Folks! Yesterday, Bitcoin got back above $28K, the Whitepaper was removed from MacOS, and FTX sold Ledgerx. The fear and greed index remains flat at 56 and the best performing asset for the past 24 hours remains $XRP up .10% in position #6. Let's get on to the news...
Trending News Topics:
- Bitcon goes on wild ride (6)
- Circle unveils new methods (5)
- Bahamas new regulation (3)
CRYPTO
The UK Crypto Industry Is Booming, Outpacing the US, Germany, Japan, Canada.
Opinion: WisdomTree CEO Jonathan Steinberg Says Crypto Is “Natural Evolution” of ETF Products. NY investment bank says ‘crypto winter is over,’ bullish outlook for Coinbase. Marathon Digital CEO Fred Thiel Says Anti-Crypto Politicians Face Big Problem With Younger Demographics. Please Enjoy the Final Crypto Winter.
BITCOIN
Bitcoin price retargets $29K after Mt. Gox panic liquidates $320M.(6) Bitcoin's 'Estimated Leverage Ratio' Hits Lowest Since December 2021. Weakening US Dollar Provides Tailwind For Bitcoin, Despite Rumor-Driven Flash Crash. Texas Senator Ted Cruz Follows Analysts’ LGC Advice and Buys Bitcoin Weekly.(2) Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services. Bitcoin Could Be 'Great' Investment for IRA or 401K Plans. How Bitcoin Could Make Bulgaria the Richest Country in the World. What You Need to Know About the Bitcoin 'Privacy War.' Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering.
Opinion: Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited and Bitcoin (BTC) to Hit $45,000 by End of 2023: Matrixport Expert Markus Thielen.(2)
Would you believe? Martti Malmi Mined 55,000 BTC – He Could Have Been a Billionaire Today. What security? Bitcoin enthusiast cracks known 12-word seed phrase in minutes.
ETHEREUM
Ethereum (ETH) Price Bounces Back Above $1,900 With Dip Buyers Returning. Institutional investors flock to stake $1 billion in Ethereum within a week. The X-Factor That Could Propel Ethereum Price in 2023. Ethereum's $5 Million Per Day Burn Not Helping Market Price. Ethereum’s Shanghai Upgrade Is Not the Finish Line.
Question: Has Proof of Stake Made Ethereum More Centralized?
STABLECOINS
CBDCs or Stablecoins? Crypto Dad Chris Giancarlo Says Both. Circle Unveils New Method for Moving USDC Between Blockchains.(5)
Opinion: USDC Stablecoin Strengthened by U.S. Banking Crisis in March, Circle CEO Jeremy Allaire and warns of active and accelerating de-dollarization.
ALTCOINS
$XRP Price Experiences Flash Crash to $0.0001 on Bitrue Exchange, Liquidating Long Positions. Ripple (XRP) Price Reversal Possible, But Bottoming Out is Crucial. Cardano (ADA) up 7%, Crypto Capital Founder Says Bulls Are up to Something. Dogecoin (DOGE) Trading Pair Listed by Major Crypto Exchange.
Question: Is Cardano (ADA) on the Verge of a Bullish Price Reversal? Can Dogecoin (DOGE) Price Withstand Miner Sell Pressure?
LEGISLATION & REGULATION
Republican Stablecoin Bill Draft Likely Won’t Make It to the Floor, Insiders Say. Elizabeth Warren wants the police at your door in 2024. Bahamas DARE Bill Clamps Down on Crypto After FTX Debacle.(3) South Korea’s sweeping crypto bill passes first regulatory hurdles.
Opinion: Cameron Winklevoss claims regulatory double standards over banking crisis. Franklin Templeton CEO: The Future of the Crypto Industry Is Regulated.
Question: Can the RESTRICT Act Be Used to Ban Bitcoin in America? SEC’s war on crypto: How far will it go? Is the SEC’s New Texas “Sheriff” an Anti-Crypto Crusader?
Interview: Kristin Smith Sees 'Bright' Outlook for U.S. Crypto Policy
LEGAL CASES
Bitcoin Legal Defense Fund Backs Developers in Lawsuit Against Craig Wright. Grayscale CEO Michael Sonnenshein Expects Decision on Attempt to Overturn SEC's ETF Rejection by End of 3Q. Coinbase vs. the SEC: A gamble to take on a regulator undefeated on crypto. Kraken Challenges US Authorities’ Cryptocurrency Oversight, Following Coinbase. Celsius creditors demand transparency on 'suspicious' FTX transactions.
Opinion: Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree.(3)
ATTACKS/HACKS/SCAMS
zkSync DEX Merlin Exploited for Over $1.8M. Biggest Scammer in Industry? This Wallet Launched More Than 2,000 Rugpulls.(2)
Follow up: Crypto security firm vows refunds for victims of Merlin DEX scam after auditing code
WATCH
LISTEN
Podcast of the Day: gm: Marco Santori and Kraken Fight Back | gm
