jjondgi (@porsche711) • Hey

#cloneX #Crypto

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Publications

WoW [*Walter Bloomberg on Twitter](https://twitter.com/DeItaone/status/1646203878390611987) “BANKRUPT CRYPTO EXCHANGE FTX HAS RECOVERED $7.3 BLN IN ASSETS -ATTORNEY FTX WILL CONSIDER RE-STARTING IS CRYPTO EXCHANGE IN SECOND QUARTER -FTX ATTORNEY”
Bitcoin continues to shine with 98% of inflows into crypto investment products According to CoinShares, Bitcoin saw $56 million of inflows last week, which accounted for 98% of all investments into digital asset investment products. [Bitcoin continues to shine with 98% of inflows into crypto investment products](https://cointelegraph.com/news/bitcoin-continues-to-shine-with-98-of-inflows-into-crypto-investment-products) Digital asset investment products received inflows of $57 million last week, but the week’s volumes were low at $970 million.
Uniswap funds DAO incentive improvement project The project will provide at least three proposals for Uniswap incentive mechanisms by June. [Uniswap funds DAO incentive improvement project](https://cointelegraph.com/news/uniswap-funds-dao-incentive-improvement-project) The grant will also fund research into Uniswap liquidity and trading behavior.
Bitfinex Securities El Salvador receives Digital Asset Service provider license in El Salvador The license granted by El Salvador’s National Digital Asset Commission will allow Bitfinex Securities to issue and trade secondary assets on a regulatory-compliant platform. [Bitfinex Securities El Salvador receives Digital Asset Service provider license in El Salvador](https://cointelegraph.com/news/bitfinex-securities-el-salvador-receives-digital-asset-service-provider-license-in-el-salvador) El Salvador continues to implement favorable regulations for digital asset service providers.
GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API. [GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto](https://cointelegraph.com/news/gpt-4-apps-babyagi-and-autogpt-could-have-disruptive-implications-for-crypto) Developers are building apps on OpenAI’s GPT-4 API in the hopes of creating a fully-autonomous, self-correcting cryptocurrency trading AI.
The feds must rein in crypto-financed terrorism Government should develop Know Your Customer procedures for social media and messaging services and take stronger measures to track cryptocurrency transactions. [The feds must rein in crypto-financed terrorism](https://cointelegraph.com/news/the-feds-must-rein-in-crypto-financed-terrorism) The feds need to develop Know Your Customer procedures for social media to crack down on crypto crime, according to Hans-Jakob Schindler.
Price analysis 4/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL After days of consolidation near the local high, Bitcoin is trying to breakout and challenge the $30,000 level. [Price analysis 4/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL](https://cointelegraph.com/news/price-analysis-4-10-spx-dxy-btc-eth-bnb-xrp-ada-matic-doge-sol) Bitcoin’s rally above its immediate resistance could attract buying in select altcoins.
FTX's bankruptcy lawyers and advisors pocket $32.5M in February The reimbursement expenses for FTX’s massive team of legal professionals are just as exorbitant in February as they were the previous month. [FTX's bankruptcy lawyers and advisors pocket $32.5M in February](https://cointelegraph.com/news/ftx-s-bankruptcy-lawyers-and-advisors-pocket-32-5m-in-february) Law firms, financial advisors, and forensic investigators have billed a whopping $32.5 million for their work on FTX in February.
MetaMask launches new fiat purchase function for cryptocurrency The new feature will allow users to purchase cryptocurrencies using various payment methods, such as debit or credit cards, PayPal, bank transfers and instant ACH. [MetaMask launches new fiat purchase function for cryptocurrency](https://cointelegraph.com/news/metamask-launches-new-fiat-purchase-function-for-cryptocurrency) This feature is intended to offer a convenient buying experience to MetaMask users who wish to acquire cryptocurrency without exiting the platform.
Bitcoin hits $30K to mark highest price since June 2022 Bitcoin has hit $30,000 for the first time since last June and has set a new price high for 2023. [Bitcoin hits $30K to mark highest price since June 2022](https://cointelegraph.com/news/bitcoin-hits-30k-to-mark-highest-price-since-june-2022) Bitcoin has hit $30,000, a price not seen since June 2022, and the highest price so far in 2023.
CPI to spark dollar ‘massacre’ — 5 things to know in Bitcoin this week Bitcoin seals its highest weekly close in ten months as CPI prepares to inject fresh volatility into BTC price and beyond. [CPI to spark dollar ‘massacre’ — 5 things to know in Bitcoin this week](https://cointelegraph.com/news/cpi-to-spark-dollar-massacre-5-things-to-know-in-bitcoin-this-week) Bitcoin meets CPI, Ethereum Shanghai upgrade and more in a key BTC price week.
Bitcoin in circulation: Over 50% hasn’t moved in 2 years, Glassnode says Some believe that investors who bought during Bitcoin’s all-time high price are waiting for the right time to sell. [Bitcoin in circulation: Over 50% hasn’t moved in 2 years, Glassnode says](https://cointelegraph.com/news/bitcoin-in-circulation-over-50-not-moved-in-2-years-glassnode-says) More than one out of two Bitcoin has been left untouched in the last two years, according to the crypto analytics platform Glassnode.
Symbiosis integrates zkSync: ‘Natural evolution’ of scaling solutions Cross-chain DeFi platform Symbiosis has integrated zkSync to improve transaction speed and reduce fees on its automated market-making protocol. [Symbiosis integrates zkSync: ‘Natural evolution’ of scaling solutions](https://cointelegraph.com/news/symbiosis-integrates-zksync-natural-evolution-of-scaling-solutions) DeFi automated market maker Symbiosis integrates zkSync to improve transaction speeds and lower fees of its “any-to-any” token swap and liquidity provider platform.
Community on SushiSwap exploit: The $3.3 hack is ‘weird’ A Twitter user called out SushiSwap and urged the platform to take steps to prevent incidents in the future. [Community on SushiSwap exploit: The $3.3 hack is ‘weird’](https://cointelegraph.com/news/community-on-sushiswap-exploit-the-3-3-hack-is-weird) Though some focus on the negatives, others remain optimistic about the crypto industry, saying that the space will become “unbeatable” eventually.
The state of the Bitcoin Lightning Network in 2023 To what extent does the surge in the use of custodial wallets and difficulties in running a Lightning node undermine the Lightning Network? [The state of the Bitcoin Lightning Network in 2023](https://cointelegraph.com/news/the-state-of-the-bitcoin-lightning-network-in-2023) The Lightning Network’s potential use cases run deep, from inter-institutional transactions in the West to resolving payment issues in the global South.
Bitcoin proponents respond to New York Times' BTC mining report Bitcoin proponents accused New York Times of overstating emissions by mining companies and omitting the facts about the growing adoption of renewable energy sources for BTC mining. [Bitcoin proponents respond to New York Times' BTC mining report](https://cointelegraph.com/news/bitcoin-proponents-respond-to-new-york-times-btc-mining-report) BTC Mining is not only used to verify transactions, but with proof-of-work (PoW), it also makes BTC decentralized and adds a layer of security that makes BTC desirable as an asset.
'Pop or drop?' Bitcoin analysts decide if BTC price will beat $30K Bitcoin is giving off fresh signals that it is soon time for a BTC price surge, but old support may need a retest first. ['Pop or drop?' Bitcoin analysts decide if BTC price will beat $30K](https://cointelegraph.com/news/pop-or-drop-bitcoin-analysts-decide-if-btc-price-will-beat-30k) Bitcoin analysts increase confidence over a BTC price breakout as $30,000 resistance stays in place.
Smaller investors can have outsized impact on crypto investment markets: BIS study Researchers looking at the “crypto carry” rate between spot and futures markets and its causes came to conclusions about crypto market booms and busts and how they happen. [Smaller investors can have outsized impact on crypto investment markets: BIS study](https://cointelegraph.com/news/smaller-investors-can-have-outsized-impact-on-crypto-investment-markets-bis-study) A new Bank for International Settlements study examined the relationship between crypto spot and futures markets.
Zhu Su’s exchange did $13.64 in volume akshually, Huobi in crisis: Asia Express Problems continue at Huobi Global, 3AC co-founders' woeful launch of new exchange, Microsoft dives deeper into blockchain. [Zhu Su’s exchange did $13.64 in volume akshually, Huobi in crisis: Asia Express](https://cointelegraph.com/magazine/zhu-sus-exchange-did-13-64-in-volume-akshually-huobi-in-crisis-asia-express/) Huobi Global's token crash and ongoing layoffs, 3AC founders deny reports of null.26 in day 1 volume on new exchange and claim $373 on day 2.
zkSync Era’s ‘elegant’ fix for 921 ETH ‘stuck forever’ in smart contract Matter Labs confirmed the funds are safe and that they’ve found an “elegant solution” to transfer the funds out. [zkSync Era’s ‘elegant’ fix for 921 ETH ‘stuck forever’ in smart contract](https://cointelegraph.com/news/zksync-era-denies-921-eth-stuck-forever-in-smart-contract) The team behind zkSync says the null.7 million stuck in one of its smart contracts will not be “stuck forever” and they have found a solution to the matter.
Scaramucci: ‘We’re through the bear market’ as Bitcoin notches up 70% YTD Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points. [Scaramucci: ‘We’re through the bear market’ as Bitcoin notches up 70% YTD](https://cointelegraph.com/news/scaramucci-we-re-through-the-bear-market-as-bitcoin-notches-up-70-ytd) SkyBridge founder Anthony Scaramucci has called the end of the bear market for crypto, as Bitcoin gains reach 70% for 2023 despite fears of Choke-Point 2.0, the collapse of crypto-friendly banks, and Coinbase and Binance facing regulatory scrutiny in the United States.
Study claims 99.5% of crypto investors did not pay taxes in 2022 Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study. [Study claims 99.5% of crypto investors did not pay taxes in 2022](https://cointelegraph.com/news/study-claims-99-5-of-crypto-investors-did-not-pay-taxes-in-2022) An April 5 report published by crypto tax firm Divly, estimated that only 0.53% of cryptocurrency investors declared their crypto activity to their local authorities in 2022.
FTX EU launches withdrawal website to pay back European users FTX EU was only approved by the Cyprus regulator in March 2022, about seven months before FTX collapsed in November. [FTX EU launches withdrawal website to pay back European users](https://cointelegraph.com/news/ftx-eu-launches-withdrawal-website-to-pay-back-european-users) FTX EU has opened a withdrawal website to allow Europe and Middle Eastern users to withdraw their funds from FTX, nearly five months after the firm filed for bankruptcy in November.
Stellar’s XLM bounces 15% two days after hitting record low versus XRP XLM price is playing catchup to XRP’s March gains, quickly rising 25% versus the U.S. dollar while the XLM/XRP pair bounces from record lows. [Stellar’s XLM bounces 15% two days after hitting record low versus XRP](https://cointelegraph.com/news/stellar-s-xlm-bounces-15-two-days-after-hitting-record-low-versus-xrp) XLM has rallied over 25% in March versus the U.S. dollar, lower than XRP’s approximately 40% gains in the same period.
Elon Musk-led petition to halt AI development divides tech community Brian Armstrong said that any tech development should not be halted based on the fears of a few. [Elon Musk-led petition to halt AI development divides tech community](https://cointelegraph.com/news/elon-musk-led-petition-to-halt-ai-development-divides-tech-community) The petition although supported by many has divided the larger tech community over the halt of developments including Coinbase CEO Brian Armstrong.
Bitcoin price hits $28.5K on PCE data as macro 'accumulation zone' ends Bitcoin is up null,000 on the day as bets on $30,000 hitting soon reappear in advance of the BTC price monthly close. [Bitcoin price hits $28.5K on PCE data as macro 'accumulation zone' ends](https://cointelegraph.com/news/bitcoin-price-hits-28-5k-on-pce-data-as-macro-accumulation-zone-ends) Bitcoin gets a PCE boost as traders eye BTC price continuation towards $30,000.
US government plans to sell 41K Bitcoin connected to Silk Road On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31. [US government plans to sell 41K Bitcoin connected to Silk Road](https://cointelegraph.com/news/us-government-plans-to-sell-41k-bitcoin-connected-to-silk-road) A March 31 filing in federal court regarding the case against James Zhong said authorities had begun liquidating roughly 51,352 seized Bitcoin connected to Silk Road marketplace.
Challenger banks vs. crypto institutions: The battle for the future of finance Will DeFi and crypto overthrow traditional banks, or is there a middle ground? [Challenger banks vs. crypto institutions: The battle for the future of finance](https://cointelegraph.com/news/challenger-banks-vs-crypto-institutions-the-battle-for-the-future-of-finance) Will DeFi and crypto overthrow traditional banks, or is there a middle ground?
Cointelegraph Markets Pro’s 390% gain dwarves Bitcoin’s 33% rise Cointelegraph Markets Pro alerts beat the market once again, providing seven trading opportunities based on four different asset indicators. [Cointelegraph Markets Pro’s 390% gain dwarves Bitcoin’s 33% rise](https://cointelegraph.com/news/cointelegraph-markets-pro-s-390-gain-dwarves-bitcoin-s-33-rise) Cointelegraph Markets Pro alerts beat the market once again, providing seven trading opportunities based on four different asset indicators.
Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts BTC price action snatches at $30,000, but Bitcoin market participants dismiss it as a “deviation” at range highs. [Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts](https://cointelegraph.com/news/bitcoin-spikes-above-29k-as-fakeout-fuels-btc-price-strength-doubts) Bitcoin traders ignore fresh nine-month highs for BTC price as $30,000 stays out of reach.
Arbitrum airdrop-related selling subsides, but DApp use sustains while smart money accumulates ARB The ARB airdrop followed the sell-the-news narrative, but Arbitrum’s DApp use and fundamentals remain strong and smart money continues to buy ARB tokens. [Arbitrum airdrop-related selling subsides, but DApp use sustains while smart money accumulates ARB](https://cointelegraph.com/news/arbitrum-airdrop-related-selling-subsides-but-dapp-use-sustains-while-smart-money-accumulates-arb) While the Arbitrum airdrop failed to catalyze a DeFi and altcoin bull run, in ARB and Arbitrum ecosystem tokens, the Ethereum Layer-2 blockchain is well-positioned to capture market share.
Bitcoin price briefly hits $29K despite recent Binance crackdown Despite ongoing crypto crackdowns, the price of BTC briefly tipped over $29,000on March 30, clocking a new high for 2023. [Bitcoin price briefly hits $29K despite recent Binance crackdown](https://cointelegraph.com/news/bitcoin-price-briefly-hits-29k-despite-regulatory-crackdowns) Bitcoin briefly reached $29,000 on March 30.
Hong Kong fund plans to raise $100 million for crypto investment The new Hong Kong-based equity fund will focus on the regional market and embrace Web3 startups. [Hong Kong fund plans to raise $100 million for crypto investment](https://cointelegraph.com/news/hong-kong-fund-plans-to-raise-100-million-for-crypto-investment) ProDigital Future has finished its half-year fundraising period with about $30 million, and plans to secure $100 million by the end of 2023.
Bitcoin price briefly hits $29K despite recent Binance crackdown Despite ongoing crypto crackdowns, the price of BTC briefly tipped over $29,000on March 30, clocking a new high for 2023. [Bitcoin price briefly hits $29K despite recent Binance crackdown](https://cointelegraph.com/news/bitcoin-price-briefly-hits-29k-despite-regulatory-crackdowns) Bitcoin briefly reached $29,000 on March 30.
ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests ARB's price trajectory looks similar to MATIC after its market debut when MATIC rose 1,350% after facing a brutal selloff in its early days of trading. [ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests](https://cointelegraph.com/news/arb-price-to-2-ethereum-l2-rival-arbitrum-will-double-by-april-fractal-suggests) ARB's price trajectory looks similar to MATIC after its market debut. MATIC rose 1,350% after facing a brutal selloff in its early days of trading.
Stablecoins are solution to crypto’s banking problem, exec says Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues. [Stablecoins are solution to crypto’s banking problem, exec says](https://cointelegraph.com/news/stablecoins-are-solution-to-crypto-s-banking-problem-exec-says) The banking crisis has impacted crypto exchanges but there are ways for the industry to survive without the support of banks, Bitstamp USA CEO said.
US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted. [US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister](https://cointelegraph.com/news/us-and-south-korea-request-extradition-of-terra-co-founder-do-kwon) Montenegro’s Justice Minister Marko Kovac said authorities from both the United States and South Korea have requested Do Kwon be handed over to them to face charges.
Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’ Bitcoin bears get a sudden roasting as a short squeeze sends BTC price action to levels last seen before the Binance regulatory debacle. [Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’](https://cointelegraph.com/news/bitcoin-price-jumps-above-28k-after-1-5k-btc-shorts-blown-out) Bitcoin eats ask liquidity as short squeeze sends BTC price to pre-Binance regulatory debacle levels.
XRP price tags 10-month high — Can a 35% pullback be avoided? A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere. [XRP price tags 10-month high — Can a 35% pullback be avoided?](https://cointelegraph.com/news/xrp-price-tags-10-month-high-can-a-35-pullback-be-avoided) A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere.
#arbi #smolbrain 💪💪💪💪
Trader Chris Dunn talks Bitcoin and inflation on the latest Crypto Trading Secrets podcast #crypto #btc #eth #blockchain @phaver [Trader Chris Dunn talks Bitcoin and inflation on the latest Crypto Trading Secrets podcast](https://cointelegraph.com/news/trader-chris-dunn-talks-bitcoin-and-inflation-on-the-latest-crypto-trading-secrets-podcast) Cointelegraph’s Crypto Trading Secrets podcast interviewed trader and investor Chris Dunn for Episode 8.
Is Binance in hot water? CZ sued by the CFTC — Watch The Market Report #crypto #btc #eth #blockchain @phaver [Is Binance in hot water? CZ sued by the CFTC — Watch The Market Report](https://cointelegraph.com/news/is-binance-in-hot-water-cz-sued-by-the-cftc-watch-the-market-report) On this week’s episode of The Market Report, Cointelegraph’s resident expert explains what exactly is going on with Binance, Changpeng Zhao and the CFTC.
Bitcoin price holds its ground in the wake of CFTC case against Binance #crypto #btc #eth #blockchain @phaver [Bitcoin price holds its ground in the wake of CFTC case against Binance](https://cointelegraph.com/news/bitcoin-price-holds-its-ground-in-the-wake-of-cftc-case-against-binance) Bitcoin’s week got off to a rocky start, but investors are beginning to see a light at the end of the tunnel.
Bitcoin price retains $27K, but forecast says ‘correction is incoming’ #crypto #btc #eth #blockchain @phaver [Bitcoin price retains $27K, but forecast says ‘correction is incoming’](https://cointelegraph.com/news/bitcoin-price-retains-27k-but-forecast-says-correction-is-incoming) Bitcoin sees $27,000 support hold as BTC price cools following Binance regulatory news.
Bitcoin price will hit this key level before $30K, survey says #crypto #btc #eth #blockchain @phaver [Bitcoin price will hit this key level before $30K, survey says](https://cointelegraph.com/news/bitcoin-price-will-hit-this-key-level-before-30k-survey-says) Bitcoin will test lower levels before BTC price sees $30,000, Twitter users believe.
Euler Finance exploiter returns over 58,000 stolen Ether #crypto #btc #eth #blockchain @phaver [Euler Finance exploiter returns over 58,000 stolen Ether](https://cointelegraph.com/news/euler-finance-exploiter-returns-over-58-000-stolen-ether) The hacker behind the $196 million exploit on lending protocol Euler Finance has returned most of the stolen assets.
Tim Draper recommends founders hold ’at least’ two payrolls ‘worth of cash’ in crypto #crypto #btc #eth #blockchain @phaver [Tim Draper recommends founders hold ’at least’ two payrolls ‘worth of cash’ in crypto](https://cointelegraph.com/news/businesses-should-hold-two-payrolls-worth-of-cash-in-crypto-tim-draper) According to a March 25 report titled “Cash Management,” Tim Draper stated that businesses “can no longer rely” on a single bank or government money.
Bitcoin liquidations vanish as trader hopes $30K will hit before dip #crypto #btc #eth #blockchain @phaver [Bitcoin liquidations vanish as trader hopes $30K will hit before dip](https://cointelegraph.com/news/bitcoin-liquidations-vanish-as-trader-hopes-30k-will-hit-before-dip) Bitcoin liquidations disappear in a flash as BTC price shuns volatility.
Bitcoin is 1 week away from 'confirming' new bull market — analyst #crypto #btc #eth #blockchain @phaver [Bitcoin is 1 week away from 'confirming' new bull market — analyst](https://cointelegraph.com/news/bitcoin-is-1-week-away-from-confirming-new-bull-market-analyst) Bitcoin is days from breaking its bear market, analysis says as BTC price struggles below $30,000.
Do Kwon to reportedly appeal against court’s decision to extend detention #crypto #btc #eth #blockchain @phaver [Do Kwon to reportedly appeal against court’s decision to extend detention](https://cointelegraph.com/news/do-kwon-to-reportedly-appeal-against-court-s-decision-to-extend-detention) While Montenegro authorities typically detain for up to 72 hours, Kwon’s 30-day extension was approved after prosecutors highlighted the high possibility of an escape.