Bitcoin Trades Like Gold Again 2023
Bitcoin’s 90-day correlation with gold surpasses 0.5, last seen in 2020, amid U.S. debt exceeding $40T and Treasury buybacks doubling to $4B. #Update #Crypto $BTC
Bitcoin’s 90-day correlation with gold surpasses 0.5, last seen in 2020, amid U.S. debt exceeding $40T and Treasury buybacks doubling to $4B. #Update #Crypto $BTC
South Korea’s Financial Services Commission (FSC) unveiled a three-phase roadmap for tokenized securities, effective Feb. 4, 2027, aiming for onchain payments linked to stablecoins. #Update #Crypto $USDT
The IMF has announced that El Salvador’s Bitcoin reserve growth will cease under its financial aid arrangement, with future acquisitions limited to verified private donations. #Update #Crypto $BTC
$ZEC surged 20% to over $1,020, forcing short sellers to cover positions, resulting in losses of approximately $34 million. #Update #Crypto $ZEC
Bitcoin ($BTC) surpasses $81,000 as Zcash ($ZEC) rises 16% and Dash ($DASH) gains 19%, leading a broader crypto market rally. #Update #Crypto $BTC
FinCEN ties $12.7B to Southeast Asian crypto scams; 33,904 suspicious activity reports filed by 1,300 institutions. #Update #Crypto $USDT
South Korea’s financial regulators announced a phased roadmap for transitioning traditional capital markets to distributed ledgers, aiming for a full tokenized securities market by February 2027. #Update #Crypto
@AdamAron criticized @Robinhood’s tokenized AMC stock offerings as unauthorized and under investigation, citing potential restrictions for US and other investors. #Update #Crypto $AMC
@AMCTheatres CEO Adam Aron criticized Robinhood for launching unregistered stock tokens linked to AMC and others, while a memecoin, MEME, surged 206,400% in valuation. #Update #Crypto $MEME
The IMF confirmed that all bitcoin added to El Salvador’s official holdings since June 2025 was sourced from private donations, with no public funds used. #Update #Crypto $BTC
Ripple CEO Brad Garlinghouse emphasizes the importance of the CLARITY Act for establishing the U.S. as a crypto capital, urging Congress to act before midterm recesses threaten its passage. #Update #Crypto $XRP
AMC CEO Adam Aron criticized Robinhood for issuing tokens tracking AMC shares without involvement, calling it “vile” and questioning legality; tokens lack U.S. registration. #Update #Legal
@Revolut receives conditional OCC approval to establish a U.S. national bank, aiming for a 2027 launch with services like insured deposits and crypto transactions. #Update #Finance
The UK Parliament will address cryptocurrency donations in elections, potentially formalizing a ban as part of the Representation of the People Bill to enhance political financing controls. #Update #Legal