Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermathDraper said cryptocurrencies are a good option to hold excess cash as it needs to be a long-term holding that is easily saleable in times of crisis.
Happy SaturdayThe global crypto market cap is $1.15 trillion with a 24-hour volume of $37.18 billion. The price of Bitcoin is $27,578.44 and BTC market dominance is 46.2%. The price of Ethereum is $1,750.19 and ETH market dominance is 18.6%. The best performing cryptoasset sector is Manufacturing, which gained 21%.
Latest NewsBillionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
Draper said cryptocurrencies are a good option to hold excess cash as it needs to be a long-term holding that is easily saleable in times of crisis. Bitwise CIO sees ‘no path forward’ for spot Bitcoin ETFBitwise CIO Matthew Hougan Speaks on the SEC's Stance on Spot Bitcoin ETFs Crypto scams, exploits down 71% YoY as $370M lost since JanuaryEuler Finance, BonqDAO, and CoinDeal recorded the highest losses with $196 million, $120 million, and $45 million, respectively. Dogecoin dev tool update adds QR codes, moon phases, BIP-39 seed supportMichi Lumin described the update as a "big one" and said the release includes several new features as well as various fixes and improvements. Justin Sun: Huobi believes SEC impact is overThe Huobi advisor commented on the fallout of charges against his other projects. Bitcoin makes partial recovery after 4% drop brings price near $27.2KSeveral news events may have impacted investor sentiment negatively. Crypto twitter turns Greenpeace’s attempt to vilify BTC via art piece into memeThe Skull of Satoshi is the latest in Greenpeace's now year-long "Change the code" campaign to vilify Bitcoin by painting it as an environmental hazard. Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets armNasdaq is the latest traditional financial giant to pivot toward crypto — joining the ranks of Fidelity Investments, BNY Mellon and BlackRock. Bitcoin cannot be stopped – Regulators will only be playing Whack-a-Mole: Caitlin LongCaitlin Long says Operation Chokepoint 2.0 is real, but stifling the U.S. crypto industry will bring other problems down the line. Investment in European crypto startups defied the 2022 bear marketEuropean crypto startups raised a record level of funding last year and saw increased interest from U.S. investors.
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Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets arm
Friday, March 24, 2023
Nasdaq is the latest traditional financial giant to pivot toward crypto — joining the ranks of Fidelity Investments, BNY Mellon and BlackRock.
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Thursday, March 23, 2023
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Wednesday, March 22, 2023
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Tuesday, March 21, 2023
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