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It's Friiddaaayyyy Folks! Bitcoin is trading down at $42,861.19. LEDGER hack took the market down but it's starting to rally back. Let's get on with the news...
, SEC delays Invesco’s spot Ethereum ETF.(3) Today, a security issue in Ledger software impacted several decentralized applications and the issue stemmed from a compromised software library connected to the wallet provider; over $600K supposedly compromised. The Ledger attacker was able to upload the malicious code to ConnectKit after phishing a former Ledger employee. Security firm Blockaid's CEO told CoinDesk that users are still at risk. Tether froze an address with funds stolen by the Ledger code library exploiter. Ledger CEO says attack was an ‘unfortunate isolated incident.’(9)
Binance survey shows almost half of users rely on crypto for extra income.
Bitcoin volatility spike causes over $63 million in liquidations. Around 37,000 Bitcoin options contracts worth $1.58 billion are set to expire on today and the max pain point of the options is $42,000, marginally lower than current spot prices.
Anthony Pompliano says Bitcoin bull market has begun with major frontrunning of Fed rate cuts and ETF approval. Bitcoin to explode from fair value to $100,000 really fast, says Morgan Creek’s Mark Yusko. BlackRock executive Jeffrey Rosenberg evaluated the FED's decision and described it as a green light for investors. Bitcoin could rise in 2024 even if spot ETFs are not approved, Matrixport
Native Bitcoin staking on Ethereum and Solana could soon be a reality.
Gensler says SEC's 'new look' at spot bitcoin ETF applications has involved recent court rulings.
Altcoin season could take longer to materialize this cycle, according to Bloomberg Analyst Jamie Coutts. Ex-Goldman Sachs executive Raoul Pal says he’s long after pouncing on ‘opportunity of a lifetime.’
Cardano () 5,000% previous rally triggered by Andrew Kang. Price prediction for ADA with a 143% surge for Cardano staking trends. 's price thrill ride to start again.
Crypto custody firm Copper launches custodian-agnostic settlement network for institutional clients.
Gemini proposes Recovery plan, angers creditors and KUCOIN forced to exit New York after settling state Attorney General’s lawsuit for $22,000,000.
Chainalysis reveals $1 Billion in losses to approval phishing since May 2021. Alleged Crypto investment scam worth $80M sees four people charged with money laundering in U.S.(2) Solana DeFi hacker pleads guilty in first-ever smart contract fraud conviction. SafeMoon files for Chapter 7 bankruptcy after exec arrests, SEC charges; $SFM plunges 42%.(4)
Podcast of the Day: #1284 Danny Masters | Investing Legend Has BILLIONS In Bitcoin & Crypto |
