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Follow Dat Money | Crypto Projections
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Happy Monday Folks! Over the weekend, Tim Berners-Lee said Crypto is really dangerous and Solana has an outage which is now resolved. Let's take a look at what's happening this morning...
Trending News Topics:
- Coinbase boots $BUSD
- Gary Gensler says Bitcoin is the only commodity
- India wants to Bank Bitcoin; IMF says regulate
BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week (Cointelegraph):
- Bitcoin monthly close precludes March trend showdown
- Macro focus flips to central bank liquidity
- Sellers see first week of net losses in 2023
- Bitcoin revenue hits 8-month high
- For Bitcoin whales, it's early 2020
CRYPTO
American crypto ownership steady despite tough year: Coinbase survey. 30-Day Crypto capital flows return to positive levels. Cryptocurrencies resilient despite weaker equity markets, increased regulatory activity: Citi. Crypto Market Crawls To A Standstill As Investors Remain Neutral. Crypto's correlation with macro events, US equity markets is weakening, Bernstein says. 66 million Americans own cryptocurrencies despite bear market.
BITCOIN & ETHEREUM
Bitcoin price aims key upside break as the bulls face many challenges. Bollinger Bands Width squeeze indicator flashes green for Bitcoin. Bitcoin may only need 4 weeks to hit $30K as key monthly close looms. Short-Bitcoin funds record $10M in weekly inflows: CoinShares.(2) Bitcoin, Ethereum showing historical bottoming indications per this metric.(2) Bitcoin price eyes $24K retest as US dollar dives into monthly close. Bitcoin Price Experiences Correction to $23,000 Support, Can Bulls Push Higher? Bitcoin bulls remain in charge even in the face of increasing regulatory FUD. Ethereum Gas Fees Are Slowly Climbing as NFT Market Rebounds.
BTC Community Wants Elon Musk to Integrate Bitcoin Lightning Payments, Poll Says. Grayscale CEO Says $2,000,000,000 Could Return to GBTC Investors’ Pocket Upon Conversion To Spot Bitcoin ETF.
Locals on edge about the construction of a Crypto Miner near McLouth, Kansas.
STABLECOINS
Pressure Mounts on Binance as Coinbase Suspends $BUSD Trading.(8) Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes.(2) But, Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral.(2) TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week.
ALTCOINS
Cardano reports major update on Hydra, potential impact on price. But, Cardano price had a bad February, but March will be even worse. Why Solana could bounce back even better. Solana outage triggers ballistic reaction from the crypto community and Solana Foundation Still Doesn’t Know What Caused Weekend Network Outage. Solana in the green after weekend deep freeze. Solana Founder Explains Blockchain’s Unique Approach to Security and Performance.
EXCHANGES
BitFlyer founder Yuzo Kano seeks to reinstate self as CEO, leading firm to IPO.(3) Tel Aviv Stock Exchange Plans to Let Customers of its Non-Bank Members Trade Crypto. Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022.(4)
LEGISLATION/REGULATION
Gary Gensler: ‘Everything but Bitcoin’ can be accountable under SEC jurisdiction; Crypto lawyers disagree.(3) Crypto Under the Eye, Top Lawyer Explains SEC’s Latest Steps. Treasury Secretary Janet Yellen Says US Working With Other Countries on Crypto Regulatory Framework: Report. Ripple executive Susan Friedman claims Europe's regulatory framework is leaving America behind. IMF prefers to regulate crypto than banning it outright. FSB, IMF and BIS papers to set global crypto framework, says G20. India Crypto regulation talks garner support from major stakeholders.(2) Europe entices Crypto firms as U.S. regulatory crackdown intensifies. Is the SEC’s action against BUSD more about Binance than stablecoins? Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense. UK Banking Regulator to Propose Rules on Issuing, Holding Crypto. UK Won’t Be Leading on Crypto Regulation, Says UK’s Chief Crypto MP.(2)
LEGAL ISSUES
Texas objects to Voyager-Binance.US deal, court filing shows. $1B Voyager-Binance deal benefits halved if Alameda loan claim succeeds: Texas regulators. Voyager agrees to reserve $445m after suit from Alameda Research. Voyager transferred $154 million USDC off Coinbase this month, Arkham Intelligence says. Sam Bankman-Fried did ‘immeasurable’ damage to Crypto industry: Ava Labs CEO Emin Gün Sirer. Ripple Lawsuit: California plaintiffs hit back at John Deaton. Ripple will definitely lose against SEC, Crypto Executive Gene Hoffman says. Coinbase hit with proposed trademark lawsuit over Nano derivative products. Vauld gets yet another creditor protection extension until March 24.(4)
ATTACKS/HACKS/SCAMS
Was FBI’s most wanted ‘Cryptoqueen’ brutally Murdered? Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash.(3) Two firms counter Hack Over $198,000,000 Worth of Crypto from Wormhole attacker. 4 Russian nationals indicted in running a $340 Million Crypto Ponzi Scheme. Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis. Crypto Con Artists Leave Trail of ‘Rip Deal’ Victims From Amsterdam to Rome.
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: What are Bitcoin NFTs? | Bloomberg Crypto
Other Podcast
- #208: Thomas Kralow, Financial Markets Expert, on BTC Price, Trading Tips, and Crypto Market Overview | CryptoNews
- Erik Cason: The Political | Bitcoin Matrix
- SLP462 Bitcoin Multi-signature with Craig Raw | Stephan Livera Podacst
- News Roundup: The Fed Says ‘No’, Montana’s Mining Law & Thieving Miners | The Mining Pod
- Bitcoin Jobs w/ Bitcoin Talent Co | Bitcoin Magazine
- Insiders Share The Truth Behind The Collapse Of The Crypto Lender Voyager | Shingo and Adam Lavine | TWOAS
- Central Bankers Triumphantly Declare Fiat to Have Beaten Crypto | The Breakdown
