Monday April 24, 2023

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MACRO NEWS

Coinbase May Leave The U.S. As Legal Battle With The SEC Continues...


According to CEO Brian Armstrong, Coinbase is on the verge of a lengthy legal battle with the Securities and Exchange Commission (SEC) over how federal securities laws apply to the crypto industry. If the regulator situation does not improve, the executive stated that the exchange will consider relocating outside of the United States.



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Landmark Win For Web3 As Yuga Labs Obtains Victory In Copyright Case...

The Shanghai hard fork of Ethereum (ETH), also known as Shapella, has been completed, allowing users who have staked their ETH to secure and validate transactions on the blockchain to withdraw. The update began at 22:27 UTC and ended around 22:42 UTC. According to beaconcha.in, approximately 30 minutes after the upgrade was activated, 285 withdrawals in epoch 194,408 were processed, totaling approximately 5,413 ETH.


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Users Can Now Purchase, Withdraw, And Exchange BTC Via Telegram Wallet...

Users of the popular Telegram messaging app can now purchase, withdraw, and exchange Bitcoin (BTC). It is worth noting, however, that the Wallet bot and its associated services, which enable these functions, were developed by a third party rather than Telegram itself.


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Space And Time Announces Groundbreaking Partnership With Microsoft...


The first ever decentralized Web 3.0 data warehouse, Space and Time, has announced that it will be making real-time blockchain data accessible to deployers directly from the online store Azure Marketplace by partnering with the technology behemoth Microsoft.


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INDUSTRY EVENTS
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CONSENSUS 2023

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TECHNICAL ANALYSIS

Bitcoin (-9%) Slides to Retest 50-Week Moving Average

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Ethereum (-12%) Supported by 50-day Moving Average

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CONTENT OF THE WEEK

State of Crypto in 2023: You NEED To SEE This Report!

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Nuclear Powered Bitcoin Mining Is Here

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Hasta La Vista, USA! Crypto Companies Look Abroad

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.