Bitcoin Insights

2023-02-03 11:34:22 YouTuber Logan Paul sued in class action lawsuit alleging his NFT project 'CryptoZoo' was a rug pull.

A new class action lawsuit has been filed against CryptoZoo and Logan Paul for allegedly stealing millions worth of cryptocurrency through a “fraudulent venture.”

The official filing detailed that the team allegedly promised NFT purchasers a host of benefits, including access to cryptocurrency assets. The team ended up turning their back on the project and retained funds, the filing noted.

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2023-02-01 14:44:56 Lebanon to devalue currency by 90% on Feb. 1, central bank chief says

Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current official rate.

The shift from the old rate of 1,507 to 15,000 is still far off the parallel market, where the pound was changing hands at around 57,000 per dollar on Tuesday.

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2023-01-31 17:29:37 German banking giant DekaBank to offer Bitcoin and crypto to 1.5m retail customers and +500 institutional clients. DekaBank manages $428 Billion in assets.

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2023-01-30 20:26:15 Musk Has Said He Wants Twitter Payments to Be Fiat, but Built So That Crypto Functionality Could Be Added

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2023-01-30 17:13:39 Nigeria's Bitcoin market skyrockets with a 63% premium ($37,869).

This demand comes just weeks after the Central Bank's cash withdrawal restrictions.

The country now leads the world in "Buy Bitcoin" searches.

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2023-01-28 16:17:38 An interesting fact is that CME institutionals have almost completely closed all their short positions and continue to accumulate longs.

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2023-01-28 14:56:06 Billionaire Barry Sternlicht: "This year, the government will have to pay 4.5% interest on its debt (as opposed to 0.1%-2%), that means an interest expense of over $1 trillion! If it keeps going up, you have the Weimar Republic... who's going to buy our paper?"

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2023-01-28 13:12:12 Bitcoin network has settled $339 billion of BTC  in the first three weeks of 2023

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2023-01-27 23:08:43 YTD Performance

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2023-01-27 22:49:23 White House Cryptocurrency Roadmap:
• They want to stop institutions from buying Bitcoin

That's why the SEC rejects Bitcoin ETF applications.

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