July 14, 2023

We thought, because we had power, we had wisdom.

-Stephen Vincent Benet

Former Celsius CEO, Alex Mashinsky, finds himself in hot water as a U.S. District Judge slaps him with an eye-watering $40 million bail. Mashinsky, facing fraud charges, has pleaded not guilty to allegations of inflating the value of CEL token and deceiving customers. His arrest last Thursday has thrown the spotlight on the controversial world of cryptocurrency. As the drama unfolds, all eyes will be on whether Mashinsky can raise the astronomical bail to secure his release.

Source: cryptonews

Bitcoin, the world's most popular cryptocurrency, has defied expectations once again as it skyrockets past the impressive $30,000 mark, hitting a 13-month high. In just a single hour, the digital currency saw a staggering 2 percent surge, reaching an astonishing $31,500 on July 6th. This unexpected jump has created a frenzy among traders and investors, fueling hopes of even greater gains. As Bitcoin continues to shatter records and prove skeptics wrong, excitement and anticipation are running high in the cryptocurrency world.

Source: crypto-news-flash

Despite recent decline, U.S. inflation continues to haunt economists and policymakers as a daunting challenge. With the global economy becoming more volatile, the U.S. faces the uphill battle of taming inflation, a persistent threat to its fiscal and monetary policies. Despite June's indication of a two-year low at 3%, industry insiders, including Bob Prince, co-chief investment officer, express concerns about the long-term impact. The country remains caught in a precarious balancing act, attempting to navigate the stormy waters of rising prices while avoiding the potential pitfalls that inflation could bring.

Source: cryptopolitan

As the world swiftly adopts digital payment methods, the United Kingdom appears hesitant to join the trend with its central bank digital currency (CBDC). Despite the decline of physical currency worldwide, the UK seems cautious about embracing a digital alternative. While other nations are exploring the benefits of CBDCs, the UK's cautious approach begs the question – why the reluctance? Will the UK's hesitation prove to be a wise move or a missed opportunity in the digital revolution of currencies? Only time will tell.

Source: cointelegraph

Binance, the popular cryptocurrency exchange, has hired Eleanor Hughes as its new General Counsel in an effort to tackle its mounting legal troubles. As the crypto giant faces regulatory challenges in several key areas, the appointment of Hughes comes as a strategic move to address these issues head-on. The company made the official announcement on July 13th, with Hughes taking up her position immediately. With her expertise and experience, Binance hopes that Hughes can guide the exchange through the complex legal landscape of the crypto industry and help it navigate these challenging times.

Source: crypto-economy

In a groundbreaking collaboration, iconic auction house Christie's has joined forces with luxury fashion brand Gucci to unveil a cutting-edge digital art collection. Titled "Future Frequencies: Explorations in Generative Art and Fashion," this lineup of 21 non-fungible tokens (NFTs) delves into the realm of AI-generated artwork. With Christie's and Gucci pushing boundaries in both art and fashion, this unique auction aims to captivate audiences with its fusion of technological innovation and creative prowess. Brace yourselves for a mesmerizing journey into the world of generative NFT art and fashion!

Source: cryptopolitan

$31,173.68 ^+2.10%

$1,991.57 ^+5.86%

$1.00 ^+0.03%

$0.78 ^+64.13%

$254.08 ^+3.21%

*Prices Last Updated: 07-14-2023 8:34am ET

$0.34 ^+980.47%

$0.78 ^+64.13%

$0.01 ^+49.22%

$1.81 ^+47.18%

$0.14 ^+47.00%

*Prices Last Updated: 07-14-2023 8:34am ET

$0.75 ^-68.56%

$1.27 ^-45.84%

$0.00 ^-37.41%

$1.83 ^-34.24%

$21.19 ^-28.60%

*Prices Last Updated: 07-14-2023 8:34am ET

15,316 BTC

$481,902,620

15,512 BTC

$471,563,260

15,493 BTC

$470,980,420

15,412 BTC

$468,532,030

8,762 BTC

$275,697,950

8,531 BTC

$268,424,320

*Transactions Last Updated: 07-14-2023 8:34am ET

Fetching over $30,000, John Lennon’s rotten tooth that was auctioned in 2011 was which of the following?

here.

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Trivia Answer: Molar

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