Milk Road has acquired Bitcoin Price! Milk Road is the #1 crypto newsletter that is free and will make you smarter about crypto! | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $23,606 | Bitcoin price has pulled back further after failing to break the $25,000 mark, now sitting in the mid $23,000s Wednesday. | Top-20 altcoins have followed suit, as Ether drops 4%, BNB falls 3% and Solana tumbles 5% on the day. | Top Stories for February 22, 2022 🔥 | | The amount of dormant Bitcoin has reached a high, with 14.99 million Bitcoins worth $370 billion not moving for at least six months. | This shift in investor behavior towards holding for the long term, as opposed to pursuing profits through trading, is seen as the reason for the lack of movement. This marks a turning point in the cycle, according to blockchain analysis firm Glassnode. | Other chains like Ethereum have seen more movement due to their communities building tools and services aimed at profit. | | The latest version of the European Union's anti-money laundering bill draft clarifies that self-hosted wallets will not be banned, with a possible exception for those that use privacy-enhancing and anonymizing instruments. | However, the regulation imposes a €1,000 transaction limit on self-hosted wallets if the owner's identity cannot be identified. Members of the European Parliament still have until March 28 to debate the files before the regulation undergoes a plenary vote in April, subject to changes. | | Google Cloud will become a validator on the Tezos network, enabling its corporate customers to deploy Tezos nodes and build Web3 applications. | This marks the latest blockchain integration by Google Cloud, which had earlier begun running a node-hosting service for Ethereum projects and become a validator on Solana. | The move reflects the increasing interest of technology giants in blockchain and Web3 projects and may boost confidence for other firms entering the industry. | | Milk Road covers a Buzzy NFT conference being canceled, $4 and an ICO dream, Web3 job openings and a new nine-figure crypto fund. | |
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