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Follow Dat Money | Crypto Projections
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Happy Monday Folks! This weekend, we saw the Euler hacker return about $100M. As we kick off a new week the sentiment on where the market is headed is mixed. The fear and greed index is 64 up from 61 on Friday. Best performing asset in the past 7 days remains $XRP up 22.61%. Let's get to the news...
Trending News Topics:
- MicroStrategy buys more Bitcoin (9)
- CZ sued by CFTC (8)
- SVB getting acquired (4)
Will BTC ditch the bear market? 5 things to know in Bitcoin this week (Cointelegraph):
- Countdown to Bitcoin price monthly close
- PCE data in focus as SVB gets bought out
- BTC hodlers setting up supply shock
- Bitcoin delivers perfect timing
- Crypto market sentiment stays greedy
CRYPTO
Wyoming’s Crypto Revolution: How the State’s Bold Moves Attract Jobs and Innovation. A friend in need: How the crypto industry reacts to recent bank bailouts. UBS’s acquisition of Credit Suisse brings some good and bad for crypto. Crypto market rally stalls at the $1.2T level, but bulls are getting positioned. Traditional finance fears drive digital asset investment inflows to $160M. Institutional Capital Pours Into Bitcoin, Solana, XRP and More at Highest Rate Since July 2022. Five Factors That Could Drive the Next Crypto Bull Run.
OPINION: Nvidia Says Crypto Adds Nothing to Society, Despite Profiting From Mining. Macro Is Back to Moving the Digital Asset Markets.
BITCOIN & ETHEREUM
Bitcoin plunges below $27,000 after Binance gets sued by CFTC. However, Bitcoin (BTC) Looks Set to Clear $30,000. MicroStrategy Buys $150 Million Worth of Bitcoin (BTC), Expanding Holdings.(9) US Government Holds More Bitcoin Than MicroStrategy, Tesla Combined. Africa Embraces Bitcoin as Alternative to US Dollar Crisis.(2) Burger King in Paris now accepts Bitcoin and crypto payments.(2) What a Weakening US Dollar Means for Bitcoin and the World.
‘Skull of Satoshi’ Creator Benjamin Von Wong Turns Optimistic on Bitcoin Mining With Renewable Energy.(2) Glassnode Explains How Bitcoin Mining Is In A Remarkable Equilibrium. North Korean Regime Exploits Crypto Mining Services for Cover.
DeFi Boom Propels Ethereum (ETH) as Shanghai Upgrade Approaches, Can It Clear $2,500?
OPINION: Billionaire Tim Draper Says Bitcoin (BTC) a Hedge Against Potential Domino Bank Run Crisis. Professor Hanke Attacks Bitcoin Hours After Complaining About Collapse of Lebanon’s Currency.(3) Peter Schiff Says He Might Buy ‘Thousands’ of Bitcoins on His 70th Birthday. Bitcoin’s Explosive Growth Fueled by Banking Crisis, Says Crypto Analyst James Mullarney. Veteran Trader Tone Vays Says Bitcoin Breakout Incoming, Forecasts Extended Rallies for Top Crypto Asset. Cathie Wood Says Price of Bitcoin Will Go Through the Roof if People Lose Confidence in Monetary System.(2) The ‘Skull of Satoshi’ Proves Bitcoin Mining Discourse Isn’t Dead. The Satoshi Shift: Why Counting Sats Matters More Than Bitcoin’s Price.
STABLECOINS
OPINION: Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World.’
ALTCOINS
Ripple's XRP gains as bitcoin, ether tumble at start of the week. Cardano (ADA) Liquidation Data Shows Bullish Interest Is Waning. But, Cardano (ADA) Could Be Set for 11% Spike. Here’s Why You Should Pay Attention to This Bearish Cardano (ADA) Price Pattern. Where to Next for Dogecoin (DOGE) After Support Level Collapses? Polygon Labs unveils zkEVM Layer 2 to help scale Ethereum.(4) Was a 395% Jump in Polygon (MATIC) Price Just a Relief Rally? Vitalik Buterin Sends Hidden Message in First Polygon zkEVM Transaction.
OPINION: American Lawyer John Deaton Says ‘XRP Has the Most Attractive Risk/Reward Ratio.’
EXCHANGES & BANKS
Crypto exchange Binance launches new regional hub in Georgia. Vauld gets yet another creditor protection extension until April 28. Nasdaq Eyes Second Quarter For Launch of Its Crypto Custody Services. First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC.(5) U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks. Hong Kong crypto firms seeing interest from Chinese banks.(3)
OPINION: Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley. Will Banks Overcome Their Bitcoin Phobia? Galaxy Digital's Novogratz says US 'debt orgy,' banking crisis prove crypto thesis.
LEGISLATION/REGULATION
G-7 Will Push for Tighter Global Crypto Regulations.(5) EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments.(2) CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification.
OPINION: Coinbase Chief Legal Officer Paul Grewal Says SEC’s Wells Notice a Massive Overreach on Part of Regulator.(2) US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty. gm: Coinbase's Top Lawyer Gets Real on SEC.
LEGAL CASES
Terra co-founder Shin Hyun-Seong in S.Korean crosshairs following Do Kwon arrest. Do Kwon To Challenge Extended Arrest, Deems Charges Baseless. Binance and CZ sued by CFTC over US regulatory violations; see increased withdrawals.(10) Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients.(2)
ATTACKS/HACKS/SCAMS
Kokomo Finance Pulls Exit Scam, Takes $4 Million In Investor Funds With It.(3) Titanium Blockchain CEO Michael Stollery Gets 4-Year Jail Sentence For BARs ICO Fraud. Popular ‘Linus Tech Tips’ YouTube Channel Hacked in the Latest Bitcoin Scam. 24-Year-Old ‘Crypto King’ Aiden Pleterski Allegedly Part of $41,00,000 Scheme Kidnapped in Attempted Ransom.(2) Euler Finance exploiter returns another $37.1M worth of ETH and DAI.(2)
WATCH
LISTEN
Podcast of the Day: Why We’ll Remember This Banking Crisis as a Turning Point for Bitcoin | The Breakdown
Other Podcast
- Nasdaq's digital asset strategy revealed | The Scoop
- Will Bank Turmoil Cause The Fed Pivot? | Weekly Round Up | On The Margin
- 164 - The FBI Agent Who Took Down the Silk Road with Chris Tarbell | Bankless
- Gaming Industry Veterans Explain How They Will Invest $150M In Web3 Gaming | Rudy Koch & Chris Ko | TWOAS
- Mike Jarmuz: Lightning Ventures | The Bitcoin Matrix
