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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
JUST IN - SVB Financial Group, parent of Silicon Valley Bank seized by US regulators, files for Chapter 11 bankruptcy with about $2.2 billion of liquidity.
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❌ Regulators are shutting down New York-based Signature Bank
And there's an interesting detail about Coinbase! The exchange had $240 million deposited with the bank.
However, it's been announced that all funds will be returned, according to the Federal Deposit Insurance Corporation.
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JUST IN: 🇺🇸 President Biden calls for a 30% tax on all electricity used to mine Bitcoin and cryptocurrency.
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ℹ️ UPD: Mt. Gox repayment registration deadline has been pushed back once again to April 6th
Payouts, which were originally scheduled for September, have now been delayed until October 31st.
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Approximately 40k $BTC from wallets associated with US Government law enforcement seizures are on the move.
Of these, the majority appear to be internal transfers (so far), however approximately 9,861 $BTC seized from the Silk Road hacker have been sent to our Coinbase cluster.
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🥇 Mt. Gox creditors may receive repayments from March 10 onward.
137,890 $BTC($3B) unlock is coming soon!
Mt. Gox suspended withdrawals on Feb 7, 2014, when the price of $BTC was ~$800.
And the current price of $BTC is $22,408.
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📈 Bitcoin is growing faster than every bank and financial company in history.
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JUST IN: New court filing shows FTX owes customers $1.6 billion of #Bitcoin but only has $1 millionOnly 0.06% of what they should have 🤯
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⚡️ Polygon has released a web3 identification service called Polygon ID that will allow blockchain-based applications to authenticate user credentials without compromising personal information.
Source
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⚡️ Wyoming passes bill protecting Bitcoin users.
The new "HB0086 Disclosure of private cryptographic keys" legislation states, “No person shall be compelled to produce a private key or make a private key known to any other person".
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The closest unfilled gaps on the CME exchange:
1) 53600 📈
2) 36000 📈
3) 29300 📈
4) 19550 📉
5) 11100 📉
6) 9600 📉
Current price is 23793
This means that the price of Bitcoin sooner or later with a probability of 90% will reach the above prices👀
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⚡️Good news for miners!
Miners have begun retaining more $BTC than they sell on rolling monthly timeframes, reversing a trend of net sales in place from mid-January.
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⚡️Hong Kong will officially make it legal to buy, sell and trade cryptocurrencies in June 2023
The market growth is attributed to this news. This includes mainland Chinese institutions📈
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Bitcoin's 7-day average hashrate has hit an all-time high of 300 EH/s!
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12 years ago BTC hit the $1 mark
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BREAKING: The Consumer Price Index (CPI) was reported as 6.0%.
CPI:
6% YoY, 0.4% MoM
Forecasted: 6% YoY, 0.4% MoM
Core:
5.5% YoY, 0.5% MoM
Forecasted: 5.5% YoY, 0.4% MoM |
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❗️#USDC IS IN THE DEPEGING PROCESS!
The reason is that the Circle company (issuer of USDC) reported that $3.3 billion of the ~$40 billion of USDC reserves remain at SVB bank which has collapsed recently.
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🇺🇸 Biden to propose new tax rules for 🥇 Bitcoin , removing the ability to tax-loss harvest. - WSJ
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❗️Silvergate bank to be liquidated
Silvergate is the second-largest bank in the US that deals with cryptocurrency companies, ranking only after Signature. It acts as a crucial link between the crypto world and traditional fiat currencies.
🔍Recently, Silvergate has decided that the best course of action, given the regulatory changes in the industry, is to gradually wind down its operations and voluntarily liquidate. The closure plan guarantees full repayment of all deposits.
In early March, Silvergate had already announced that it would discontinue the Silvergate Exchange Network (SEN).
💭 Several crypto exchanges have already confirmed that they have not been affected by their association with Silvergate and that their clients' funds are safe.
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⚡️ Amazon may launch its NFT marketplace on April 24.
Amazon is gearing up to launch its NFT platform with around 15 collections available at launch, according to inside sources.
The platform, which was initially revealed in January by Blockworks, will be accessed through a new "Amazon Digital Marketplace" tab on the site. The tab will initially only be available in the US, but will eventually be opened up to the rest of the world.
The launch date was delayed twice recently due to the FTX crash, but is now scheduled for April 24th, barring any unforeseen events.
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⚡️How much would 1 BTC be worth if bitcoin reached today's gold capitalization?
Then the price of 1 BTC would be $629,057. Right now, bitcoin has managed to bite off 3.74% of the gold market💰
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💰 BITCOIN MINER MARATHON DIGITAL SOLD ALMOST ALL BITCOIN MINED IN FEBRUARY
📉 Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 650 bitcoins out of 683 that it mined in February.
✅ The company said it sold bitcoin to help pay for operating expenses and for general corporate purposes, according to a statement. Marathon sold 1,500 bitcoins in January, which marked the first time it had unloaded any of its holdings.
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Top 7 Upcoming Token Unlocks In March
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⚡️ Trust Wallet has partnered with Ledger.
Today, Trust Wallet officially launched Ledger hardware support for the Trust Wallet browser extension. With the update, you can use the Trust Wallet functionality to access Web3, while keeping your private keys completely offline.
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🚨Leading CryptoNews Channel🚨
Cryptocurrency ↪ Inside
⚠️ Crypto News
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↪/channel/Cryptocurrency_Inside
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🚀Gate.io & binance ➡️ 30 X soon 🔥🔥🔥
#STYL token is backed by FashionTV and will be a part of the @BinanceLabs project soon.
💥Buy STYL on Pancakeswap here:💥
bit.ly/buystyl
CMC and Coingecko ✅
Gateio 🔜🔥
The official Facebook page of Fashion TV👇👇👇
https://m.facebook.com/story.php?story_fbid=10158586464696611&id=7970126610
Binance👇👇👇
http://www.binance.com/en/how-to-buy/stylike-governance
Yahoo👇👇👇
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/fashion-tv-officially-announced-3-160000084.html
Gate.io & binance ➡️ 30 X soon🚀
Global gp👇
/channel/stylike_io_official
🥇 Price of Bitcoin up +50% this year.
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⚡️According to ARK Invest By 2030, 5.6 billion people (65% of the world's population) will use digital wallets that will replace traditional banks and credit cards.
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#Bitcoin #NFTs push transaction fees on the blockchain to highest in over a year
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