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White House's Second Crypto Paper Sees Crypto As Threat | CoinMarketCapIf you want to see what difference a year has made in the Biden administration's perspective on a regulatory framework for cryptocurrencies, you don't need to look much beyond the titles of its two major statements on the topic. 🫵
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Crypto-friendly bank ends loans backed by crypto mining rigsThrough a SEC filing of its holding company Provident Bancorp, BankProv has revealed that it would no longer be issuing loans secured by crypto mining rigs, after difficult conditions throughout 2022 forced them to repossess some of the collateral at a significant loss.
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First Mover Americas: Celsius Network Accused of Running a Ponzi SchemeBankrupt crypto lender CelsiusNetwork is accused of running a Ponzi scheme, and AlamedaResearch is seeking to recover $446 million in crypto it had transferred to investvoyager. LedesmaLyllah reports.
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Crypto Markets Analysis: Bitcoin, Ether Price Surge a Reversal From Darkest Days of 2022Crypto markets have been displaying cautious optimism ahead of the Federal Reserve’s interest rate decision on Wednesday. GWilliamsJr_CMT writes
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Analysis of Market Liquidity and its Effect on Crypto Asset’s Price and Stablecoin Supply: IntoTheBlock | CoinMarketCapCrypto sectors like stablecoins have started to reflect similar positive trends in their total supply. 🚀 intotheblock analyzes the recent increase in liquidity & its relation with crypto asset’s price performance and increase in stablecoin supply.
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First Mover Americas: Bankrupt With $1.4B CashBankrupt cryptocurrency exchange FTX had around $1.4 billion in cash as of the end of 2022 according to an update filed Wednesday and ARK Invest maintains its prediction that bitcoin prices will hit $1 million by 2030.. LedesmaLyllah Reports
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