Bitcoin reclaims $28k despite potential regulatory woes from Binance lawsuit
Bitcoin reclaims $28k despite potential regulatory woes from Binance lawsuitBitcoin recovers recent milestone — surpassing the $28,000 mark to move above its pre-Binance lawsuit price.Happy Wednesday!The global crypto market cap is $1.18 trillion with a 24-hour volume of $49.2 billion. The price of Bitcoin is $28,287.24 and BTC market dominance is 46.3%. The price of Ethereum is $1,801.76 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Yield Farming, which gained 16%. Latest NewsBitcoin reclaims $28,000 despite regulatory woes from Binance lawsuitBitcoin recovers recent milestone — surpassing the $28,000 mark to move above its pre-Binance lawsuit price. Consensus 2023 by CoinDesk is the world's largest, longest-running and most influential gathering that brings together all sides of the cryptocurrency, blockchain and Web3 community #adSince 2015, Consensus has been the only event that brings together all sides of the crypto, blockchain and Web3 community to reflect on the past, showcase innovation and look to the future. In the wake of one of the most tumultuous years in crypto history, the conversations at Consensus have never been more timely and important. Developers, investors, founders, brands, policymakers, and more will converge on Austin, Texas, April 26-28 to solve industry challenges, hear from visionaries creating the frameworks for a more decentralized future, explore the latest innovations, and have fun. Hear from some of the industry’s most sought-after thought leaders, including Yuga Labs CEO Daniel Alegre, CFTC Commissioner Christy Goldsmith Romero, Circle CEO Jeremy Allaire, Edward Snowden, and hundreds more. Take 25% off with code CRYPTO_SLATE.Register today for the best rates! Prices increase closer to the event. Disclaimer: This is a sponsored post brought to you by CoinDesk. SEC charges forces crypto exchange Beaxy to close operationsBeaxy said the regulatory environment was too uncertain for it to continue operations despite its two-year corporation with the SEC. Binance daily withdrawals double as users report problems off-rampingBinance withdrawals surge to $852 million in 24 hours amidst regulatory woes, with users reporting delays in cashing out. Algorand up over 12% following on from India partnershipThe surge comes as the Algorand Foundation announces a new partnership in India, as well as efforts to ramp up sports and entertainment NFTs. Liquid staking tokens rally by 15% as Ethereum Shapella upgrade draws nearLiquid staking platform tokens have seen their values increase following news that staked Ethereum withdrawals would be enabled on April 12. Voyager redeems $150M of USDC to fiat through CircleIt comes as Voyager account holders continue to advocate for a restructuring plan that would see Binance recoup most of its customer accounts. NEAR launches $11M grassroots community trust registered in GuernseyNEAR Foundation and Governance Working Group jointly select trustees for community purpose trust. Lido to sunset staking on Polkadot, Kusama by AugustLido developer MixBytes said Polkadot's DeFi lack of liquidity undermined the value proposition of liquid staking. Europe is getting its first ETP based on a Morgan Stanley indexThe ETP will be based on a new MSCI index tracking 20 leading digital assets — set to launch on Germany's Deutsche Börse XETRA in April. CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once againThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Gate.io suspends withdrawals of SafeMoon following public burn bug exploitThe attack was carried out by hackers that attacked the BNB-based chain DEX, draining $8.9 million in funds before being found. Binance CEO CZ reveals copy of letter to US Senators – weeks before CFTC lawsuitCZ said 'lots of details' were given in a letter to US Senators, who were calling for greater transparency and accountability. Cardano’s Hoskinson lauds Polygon’s zkEVM launch despite previous criticism of EthereumThis is one of the few times that Cardano founder Charles Hoskinson has spoken positively about something related to Ethereum. |
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ECB president warns central banks could “losing control” without CBDCs
Tuesday, March 28, 2023
Lagarde said Central Banks are like "anchors" to other banks, which mandates them to step into the CBDCs if they want to maintain their role.
Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
Monday, March 27, 2023
Nvidia CTO, Michael Kagan, criticizes cryptocurrencies as not bringing anything useful to society.
Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
Saturday, March 25, 2023
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.
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.
Coinbase CEO sells shares prior to SEC warning
Thursday, March 23, 2023
Brian Armstrong issued three transactions to sell Coinbase shares on March 15 and 21, according to recent data.
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