"The sweetest of all sounds is praise."
 –Xenophon

Powered by Wubits - better than X because it's real people, real connections, and real conversations.

Top Performing Assets (24 Hours): $BTC -0.09% | $ETH -0.53% | $AVAX -2.38% 

READ

Guess what day it is Folks? HUMPDAY! Bitcoin is trading down at $42,924.85 but it's trying to push higher now. Let's get on with the news...

Yesterday, German police seize $2.1B worth of $BTC in a piracy sting.(5) Today,Ripple potentially has suffered a $112M hack as 213M XRP was stolen.(9) Update.

Analyst are still bullish on Bitcoin and Mark Yusko believes a supply shock could drive Bitcoin to ATHs once again; this is the same logic that Samson Mow believes in. Gubor Gurbacs says we are in a new era for Bitcoin.(2)

Ether options trading volume hits ATH with the price sitting around $2,300 and "Dencun" upgrade goes live on a second Testnet with just one remaining.

Tether reports profit of $2.9B in Q4 of 2023 with $5.4B in excess reserves; and they said it was a scam? Right.(6)

It appears Coinbase is bolstering it's position to fight against the SEC by hiring the former UK Finance Minister George Osborne.(3) SEC Commissioner Hester Pierce doesn't play along with all the other commissioners by challenging gag rule that impact Crypto defendants.

Yesterday the SEC confiscated $1.7B in Crypto and today, when a Chinese national tried to buy a $30M mansion it raised flags and that's how they got $1.7B in $BTC confiscated. 

AFTERNOON

Bitcoin is in a Kangaroo market as pro Bitcoin traders got caught off guard with the market rallying 11% when most thought it was going down to $36K. Bitcoin is still bracing for the Fed's rate non-hike because we all know they are not cutting. All eyes continue to be on Grayscale as they continue to sell $BTC.

FTX creditors it appear will get all their money back! The exchange will NOT restart.(3) 

WATCH

LISTEN

Podcast of the Day: Read_795 - Bitcoin is Dead (Long Live IBIT) | Bitcoin Audible