Topic stats
Rishi Sunak said embracing cryptocurrency and blockchain can improve lives. Yet his promotion of CBDCs has cast doubt on where his allegiances lie.
On-chain data reveals Binance and Bittrex were also attacked at the same time as FTX, Freeway suspends withdrawals while FatManTerra warns for a rug pull, and much more in this edition of CryptoSlate Wrapped Daily.
According to the DOJ, Chinese agents Guochun He and Zheng Wang agreed to bribe a US government employee to steal some documents that reveal the government's investigation strategy against a Chinese telecommunications company.
Bitcoin adoption increases as Bitcoin and gold achieve an 85% correlation since November 2021. Based on historical data, high correlation indicates a Bitcoin bottom.
Wood said Bitcoin’s market cap will still grow at the same level as the US monetary base due to the high demand for an alternative financial model.
Staking platform Freeway halted withdrawals and deleted its team details, which allegedly points to a rug pull, according to FatManTerra.
Mining difficulty comes closer to 160Z as the Difficulty Ribbon compresses, which have been good buying opportunities in the past.
FTX CEO Sam Bankman-Fried is in the middle of a heated debate on crypto regulation. Wintermute CEO Evgeny Gaevoy added his comments on Sunday on the state of affairs
Cryptocurrencies see reduced volatility as major global fiat currencies show signs of weakness
