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Follow Dat Money | Crypto Projections
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Welcome to Thursday Folks! Yesterday, SEC sued Beaxy Exchange, Bitcoin moved back above $28K, and Do Kwon was being held in Montenegro. The fear and greed index is 60 up from 57. Best performing asset in the past 7 days remains $XRP up 20.72%. Let's get after it...
Trending News Topics:
- SBF pleads not guilty (6)
- Citi predicts 80x explosion in Tokenization (4)
- OKX expands and turn over frozen FTX funds (3)
CRYPTO
Investors Dig Risk Again. Crypto donations to surpass $10B in a decade: The Giving Block. Citi: Tokenized securities market could reach $4 trillion by 2030.(4) Fold Announces Exclusive Global Partnership With Visa.(2)
BITCOIN & ETHEREUM
Bitcoin
Bitcoin Taps $29,000 and BTC May Never Revisit Its Previous Lows.(3) Bitcoin Volatility Likely as Options Worth $4B Expire on Friday. Bitcoin profits are taxable, Denmark's Supreme Court says. 1 Bitcoin to USD: You can now buy 42% fewer satoshis for a dollar than at the start of 2023.
FORECAST & PREDICTION: U.S. interest rate pause could kickstart Bitcoin rally in May, charts indicate. Machine learning algorithm sets Bitcoin price for April 30, 2023: $30,697.00.
Ethereum
Ethereum Hits Supply Deflation Record as ETH Burning Accelerates. Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions.
OPINION: How Advisors Can Prepare for Ethereum’s Unlock
STABLECOINS
Japan's Finance Ministry to Explore Digital Yen Feasibility.(2) Blockchain and regulated stablecoins to be widely used by 2030, industry execs say.
ALTCOINS
Binance Coin (BNB) Massive Price Pump Brewing Despite CFTC Lawsuit. XRP Trading Volumes Surges to Billions of Dollars on South Korean Crypto Exchanges.
EXCHANGES
Gemini to Launch International Derivatives Platform Amid Binance Regulatory Woes. OKX plans Australian expansion, citing ‘huge appetite’ for crypto and is Turning Over $157M in Frozen FTX and Alameda Assets.(3) Stuttgart Stock Exchange Unit Secures BaFin License for Crypto Custody. Crypto Exchange Kraken Commits to Tougher Rules Required by Canada.(3)
QUESTION: Who was front-running Binance users?
LEGISLATION/REGULATION/TAXATION
Senator Warren Touts Building ‘Anti-Crypto Army’ In Re-Election Campaign. SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct.’(2) India Raked In Over $19.2M in Crypto Tax in the 2023 Fiscal Year. Denmark to Start Taxing Bitcoin Profits, Rules the Supreme Court.(3) French Crypto Influencer Ban Will Harm Country’s Attractiveness, Industry Group Says. UK economic crime plan looks to tighten grip on crypto kleptocrats and fraudsters.
OPINION: Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council adviser Sean Lee. CoinDesk Editorial: It Sure Looks Like the U.S. Is Trying to Kill Crypto. Polls suggest Elizabeth Warren's anti-crypto army strategy may not pay off.
QUESTION: Did the SEC Target Spicer Jeffries for Being Crypto-Friendly?
LEGAL CASES
Terraform Labs Co-Founder Daniel Shin Appears in Court for Interrogation. Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges.(6) Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court.
WATCH
LISTEN
Podcast of the Day: Basics_05 - The Node | Bitcoin Audible
Other Podcast
- The Evidence for Operation Choke Point 2.0, With Nic Carter | The Breakdown
- Polycentrism, Mutual Suspicion and the Road to Immutability with Mark S. Miller of Agoric | The Charlie Shrem Show
- The Next Stage Of The Banking Crisis, Commercial Real Estate | On The Margin
