CryptoBizzle

CryptoBizzle

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Fairshake affiliate Protect Progress is earmarking $1.5 million to oppose Rep. Al Green in Texas’ Democratic primary, citing his votes against major crypto market structure and stablecoin bills. Green has also dismissed claims regulators pushed banks to cut ties with crypto firms, previously calling Operation Choke Point 2.0 a “made-up statement.” Read more 👇

BlockFills paused client withdrawals late last week. Kind of surprised we're only hearing about this in the past 24 hours. A spokesperson told @TheBlock__ : "Management has been working hand in hand with investors and clients to bring this issue to a swift resolution and to restore liquidity to the platform." Read more below 👇

Saylor is sitting on a ~$5.3 billion unrealized loss at the moment but remains optimistic on Bitcoin over the next decade. If you haven't been following : - Saylor sees bitcoin outperforming the S&P over the next 4–8 years and said Strategy "won't be selling." - CEO says bitcoin would need to fall to ~$8K for years before debt becomes an issue. - Strategy now holds over 3.4% of bitcoin’s total supply. Read more👇

Schwab CEO Rick Wurster says prediction markets can help investors gauge risks, but sports betting and contracts aren't something the firm plans to touch. “We’ll leave it to the FanDuels and the Robinhoods and others that are positioning themselves as gambling firms,” he said. “People generally don’t get better off in their financial life via gambling.” Read more below 👇

Pretty much nothing but red today for crypto, metals, and stocks. Bitcoin could see its lowest daily close in 9 months. Another potential US gov shutdown isn't helping things. Last shutdown saw bitcoin shed 15%. An equal drop from here would put us back 'round $70,000. Read more 👇

The Fed decided to hold rates steady. No surprise there with CME pricing in ~98% chance of no change since Monday. Major cryptocurrencies barely moved. Attention is shifting beyond rates to Fed leadership, with prediction markets seeing a shake-up late last week as Rick Rieder overtook Kevin Warsh as the frontrunner to replace Jerome Powell in May. Read more below 👇

Late 2017-cycle bitcoin hodlers are now officially getting outpaced by silver. Since the start of 2018: BTC up ~500% Silver up ~520% Read more 👇

Prediction market monthly volumes will soon hit a sixth consecutive all-time high, barring some monumental collapse. $1.5 billion in Aug >>> $11.5 billion in Dec. 11 full days left and we're already over $10 billion in Jan. Story below ⬇️

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