Ethereum Buying Spree Cumberland Withdraws $31M
Cumberland, the crypto arm of DRW Holdings, withdrew 14,800 $ETH worth $31M from Coinbase amid market volatility. The wallet now holds over 457,000 ETH. #Breaking #Crypto $ETH
Binance Denies Iran Ties Amid Senate Allegations
@Binance denies US senators’ allegations of ties to Iranian organizations, asserting no direct transactions occurred. The exchange cites false media reports and clarifies employee dismissals. #Update #Crypto $BNB
Bitcoin Price Predictions for March 2023
Bitcoin ($BTC) struggles to maintain support above $68,000 after a rejection at $74,000; analysts debate if this is a bear market rally or a bottoming phase. #Update #Crypto $BTC
Tokenized Bonds Launch in Canada’s Banking Sector
@BankofCanada completed a tokenized bond trial with C$100M issuance, leveraging distributed ledger technology for trading and settlement, as part of Project Samara. #Update #Crypto $CAD
Bitcoin: Dubai Bans KuCoin Services
Dubai’s Virtual Assets Regulatory Authority orders @KuCoin to cease operations in the emirate due to lack of a license, warning investors of financial risks. #Breaking #Legal
Bitcoin Eyes $200K But $100K Likely
Bitcoin’s price, after surpassing $70,000, shows bullish momentum with potential targets of $124,000 and $200,000 in the long-term. #Update #Crypto $BTC
Uala Raises $195M for Latin Expansion
Argentine neobank @Uala has raised $195 million in a funding round led by Allianz X, reaching a $3.2 billion valuation to expand across Latin America.
Peter Thiel Dumps $74.4M in Buffett Stocks
Billionaire investor Peter Thiel has fully exited positions in Microsoft, Tesla, and Apple, totaling $74.4 million. Thiel Macro now holds no assets, opting for cash amid market volatility. #Update #Crypto $TSLA (-8) ↘
PancakeSwap Accused of Code Theft by Curve
Curve Finance accuses @PancakeSwap of using its proprietary code for StableSwap without permission, citing potential legal risks. PancakeSwap seeks private resolution. #Update #Legal
Bitcoin Surges to $74K Key Zone
Bitcoin’s price surged about 10% this week, briefly exceeding $73,900, nearing a critical zone ($73,750-$74,400) that could determine future market direction. #Update #Crypto $BTC
Stablecoin Bill Passes Florida Senate Awaiting Signature
Florida Senate passes SB 314, expanding money services law to include stablecoins, mandating issuer compliance with regulations and prohibiting unlicensed issuance, awaiting Governor DeSantis’ signature. #Update #Legal $USDC
Bitcoin Dips Below $68K as Dollar Soars
Bitcoin $BTC fell to $67,690.58, down 3.4% in 24 hours, as the dollar posted its steepest weekly gain in a year; 43% of Bitcoin’s supply sits at a loss. #Update #Crypto $BTC
Bitcoin: Kazakhstan Invests $350M in Crypto
Kazakhstan’s central bank plans to invest $350 million in crypto assets, including high-tech companies and digital financial products, starting next month. #Update #Crypto
Bitcoin Surges Toward $180K on Key Scenario
Bitcoin’s price briefly surged to $74,000 but fell back to $68,260. @AmberData suggests new all-time highs are possible this year despite current volatility. #Update #Crypto $BTC