Monday April 3, 2023

Your Weekly Update On All Things Crypto

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TL;DR

CFTC Sues Binance And Changpeng Zhao Over Regulatory Violations
UNICEF Announces Interest In Developing Its Own DAO
Disney Scraps Metaverse Division As Layoffs Continue
Ripple Chief Legal Officer Criticizes Regulators On Crypto Policies
Bitcoin(+0.5%) Flat On The Week But Remains Above Ascending Channel
Ethereum(+1%) Turns 50-week Moving Average Into Support

MACRO NEWS

CFTC Sues Binance And Changpeng Zhao Over Regulatory Violations...

The U.S. CFTC (Commodity Futures Trading Commission) has filed a lawsuit against Binance and CEO Changpeng Zhao for allegedly violating trading regulations. The lawsuit was filed in the Northern District of Illinois.

UNICEF Announces Interest In Developing Its Own DAO...

UNICEF, the largest humanitarian aid organization in the world, is experimenting with the idea of a DAO (Decentralized Autonomous Organization) to greatly boost its work with children around the world.

Disney Scraps Metaverse Division As Layoffs Continue...

According to The Wall Street Journal (WSJ), Walt Disney Company has completely removed its metaverse division as part of a massive reduction in head count over the next two months.

Ripple Chief Legal Officer Criticizes Regulators On Crypto Policies...

Stuart Alderoty, the Chief Legal Officer for Ripple, has criticized the stance taken by policy makers on cryptocurrencies and their approach to regulating the booming industry.

INDUSTRY EVENTS

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TECHNICAL ANALYSIS

Bitcoin (+0.5%) Flat On The Week But Remains Above Ascending Channel

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Ethereum (+1%) Turns 50-week Moving Average Into Support

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CONTENT OF THE WEEK

Attack On Crypto: What Biden's White House Has To Say!

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The USA’s Crypto Loss is Hong Kong and China’s Crypto Gain

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Attacks on Bitcoin? Don't Worry; Bitcoin is Unstoppable! (But that doesn't mean we'll do nothing)

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