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Follow Dat Money | Crypto Projections
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Guess what day it is Folks? Humpday! Yesterday, the fight came alive as the CFTC battles Binance and CZ, Hashrate spikes and it appears the price is following, and it looks like ZKProofs are coming to Bitcoin. The fear and greed index is 57 down from 59 yesterday. Best performing asset in the past 7 days remains $XRP up 26.50%. Let's get after it...
Trending News Topics:
- SEC sues Beaxy Exchange(5)
- Bitcoin on the rise again (4)
- Do Kwon's Extradition (4)
CRYPTO
Canada to Ask Pension Funds to Disclose Crypto Exposure. Crypto Interest in Singapore Remains Strong Despite Layoffs and MAS Restrictions. Layer 2 Solutions for a Scalable Crypto Future.
OPINION: Cryptos Gained in Q1 Despite Weakened Asset Class Perceptions. Why Crypto Philanthropy Continues to Outperform the Market.
BITCOIN & ETHEREUM
Bitcoin
Bitcoin adds $30 billion to its market cap in a day; Is BTC price set to hit $30,000?(4) Bitcoin, Up 70% This Year, Rebounds Past $28K. Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq. Bitcoin Net Exchange Flows Hit Ten-Month High as Profits Are Taken. 'Definitely not bullish' — 7% Bitcoin price gains fail to convince traders. Bitcoin Layer 2 Stacks' Token a Top Performer in March. Jack Dorsey-Backed Spiral Plots Course for Mainstream Adoption of Bitcoin’s Lightning Network.
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s. Bitcoin mining stocks underwhelm in March, but brighter days could be around the corner.
OPINION: Morgan Creek Capital CEO Mark Yusko Foresees Bitcoin’s Global Impact and Inevitable Adoption; No ban for Bitcoin.(2) Bitcoin price rally may not last now, but should in the long run, Wintermute CEO Evgeny Gaevoy says.
QUESTION: Will Bitcoin (BTC) Price Benefit From Banking Crisis? Africa: The next hub for Bitcoin, crypto adoption and venture capital?
LESSON: Bitcoin - The Money of Code vs Fiat Currency. What Is a Bitcoin Paper Wallet?
WARNING: Mysterious entity may be collecting BTC users' IP addresses — Bitcoin developer
Ethereum
Ethereum ‘poised’ for massive break out to $2,000.(4) Nearly 90% of Ethereum ($ETH) Supply Is Being Held off of Crypto Exchanges, Data Shows.(2) Major Exchange Binance Will Support Ethereum (ETH) Shapella Upgrade on These Terms.(2) Ethereum Re-Staking (EigenLayer) Could Be Next Major Catalyst for Adoption. Keep Goerli Ether Alive as Ethereum Canary Network, DAO Argues.
STABLECOINS & CBDCs
Circle prefers reserves and payment rails with the Fed, says Circle's APAC Vice President Raagulan Pathy.What the Bank of England’s Stablecoins Regime Could Look Like. Quant Trading Firm Accumulates Nearly $800,000,000 Worth of USDC and Ethereum in One Month: On-Chain Data. Russia delays digital ruble launch testing due to lawmaking process.
OPINION: Stablecoins are solution to crypto’s banking problem, exec says Stablecoins are solution to crypto’s banking problem, Bitstamp CEO Bobby Zagotta says
QUESTION: Will the Launch of USDB Make Stablecoins Stable Again?
ALTCOINS
XRP 44% Rally Fuels Enormous Profit-Taking, Could It Be End of Rally or increase another 66%?(4) Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season.' $XRP Will Be ‘A Huge Winner’ in ‘Multi-Trillion Dollar’ Payments Space, Says Iron Key Capital Advisor Kevin Cage. XRP's Social Dominance Spikes After Massive Price Gain. Cardano (ADA) Looks Set to Clear $0.40. Dogecoin (DOGE) Statement Made by Burger King UK Delights Community.
EXCHANGES & BANKS
Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows as Analysts say Binance’s $2.2 billion outflows don’t suggest a bank run yet.(2) Binance concealed ties to China for years, even after 2017 crypto crackdown. Nigerian crypto investors question central bank's decision to flag p2p users. Banks Shy Away From Crypto, Yet Industry Stands to Benefit.
QUESTION: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
LEGISLATION & REGULATION
Elizabeth Warren is pushing the Senate to ban your crypto wallet. European Lawmakers Impose €1000 Limit On Unverified Crypto Users.(3) Australian senator introduces private bill to expedite crypto regulation. OKX to Apply for VASP License in Hong Kong. SEC Chair Gary Gensler to Appear Before Digital Assets Subcommittee.(2) CFTC ‘Pretty Confident’ in Case Against Binance, Says Chairman Rostin Behnam. The CFTC's Binance move has observers wondering what comes next. What the Binance CFTC Lawsuit Means for Crypto. SEC brings charges against Beaxy for not registering as securities exchange.(5) FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure. Signature Bank Branches Reopen, But Crypto Customers Get the Boot.(2) CFTC Says Bitcoin, Ethereum and Litecoin Are Commodities in Lawsuit Against Binance and CEO Changpeng Zhao. Top U.S. Treasury Official Nellie Liang Says Crypto Had No ‘Direct Role’ In Bank Failures. SEC's Gensler Calls for Greater Resources to Combat Crypto Non-Compliance.
OPINION: The EU’s Smart Contract ‘Kill Switch’ Mandate Won't Kill Crypto. The Short-Sightedness of Run-Amok Regulators. Jim Cramer Expresses Concern Over CFTC Complaint Against Binance. Coinbase Chief Legal Officer: There’s ‘A Lot to Unpack’ in CFTC’s Filing Against Binance. That Binance Suit Sure Seems Bigger Than Just a CFTC Case.
QUESTION: Will the ‘TikTok Ban’ Bill Also Be a Threat to Bitcoin?
LEGAL CASES
Voyager sent $150 million of USDC to Circle to redeem for US dollars. British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22. FTX’s $45M Sequoia Sale Cleared, as Embed Divestment Delayed. Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Marko Kovac Says.(3) Do Kwon To Be Held in Montenegro for 30 Days As Authorities Investigate Forged Passports.(2) Paxful Announces Decision To Personally Return Lost Celsius Funds For Paxful Earn Users.(2) Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda.
QUESTIONS: The Questions That Linger After Do Kwon’s Arrest
ATTACKS/HACKS/SCAMS
BitKeep completes compensation for $8M APK exploit, announces rebranding. Scam alert: MetaMask warns users of deceptive March 31 airdrop rumors.
WATCH
LISTEN
Podcast of the Day: Jim Bianco on the Health of the Global Financial System | Bankless
Other Podcast
- Here's everything you need to know about crypto market structure right now, according to Evgeny Gaevoy | The Scoop
- Matt Hougan (Bitwise) on Crypto Market Narratives and the Launch of BITC | On The Brink
- BTC123: The Legacy Banking System in Shambles w/ Alf Peccatiello | Bitcoin Fundamentals
- $1 Million Bitcoin, Binance, QE Infinity | James Lavish, Preston Pysh, Jon Najarian, Greg Foss, Lawrence Lepard, Paul Grewal | TWOAS
- The CFTC Sues Binance, but Is It Regulatory Turf War? | The Breakdown
- Why Zero-Knowledge Proofs Are Critical to Ethereum’s Future | Unchained
- CFTC Sues Binance and Bitcoin Education with John Dennehy and Dalia Platt from "My First Bitcoin" - March 28th, 2023 | The Cafe Bitcoin Podcast
- Automation & Remote Management with Foreman | Daniel Lawrence | The Mining Pod
