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: $23,872 | Bitcoin price attempted a recovery overnight, reaching almost as high as $45,600 before retreating back to the $23,000s. | Top-20 altcoins have somewhat bounced back, as Ether gains 3%, BNB rises 1% and Chainlink recovers 8% over the last 24 hours. | Top Stories for February 23, 2022 🔥 | | Binance closed derivative trading accounts of some Australian investors as they were found to not meet the criteria for "wholesale investors". | The discrepancy was discovered during a review of Binance's onboarding process, and the incorrectly labelled accounts have since had their positions closed. Wholesale clients include professional investors, high net worth individuals, sophisticated investors, or corporates – but not retail investors. | The owners of the affected accounts will not be able to access the derivatives market on Binance anymore. Binance is working on a remediation and compensation plan for the affected customers. | | Coinbase has launched Base, a layer 2 network built using Optimism's OP Stack, with the aim of attracting millions of new crypto users in the coming years. | The Base testnet was started on Thursday, and Coinbase has joined Optimism as a core developer on the open-source OP Stack. Base will not be limited to Ethereum, and will also provide easy and secure access to layer 2 networks such as Optimism, as well as other blockchain ecosystems like Solana. | Coinbase plans to progressively decentralize the chain over time, and has no plans to issue a new network token. | | Spotify is testing token-enabled playlists in several markets as part of its Web3 efforts, with Overlord's community-curated playlist accessible via Web3 wallets of those holding Creepz NFTs on Spotify. | Fluf, Moonbirds, and Kingship metaverse communities are also participating in the three-month pilot. Users should possess a Kingship Key Card NFT to unlock the tracklist, which includes hits by Queen, Missy Eliott, Snoop Dogg, and Led Zeppelin. | The announcement led to a surge of Web3 music tokens, with Viberate's native token up 33%, and Audius and Rhythm rising 4% and 2.5%, respectively. | | Milk Road covers WTF is Stacks and why is it up over 160%?, what Tezos & Google’s collab means, Coinbase’s new regulated trading platform and a 546,000% return on investment. |
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