Lulo Invest Newsletters March 08, 2024
Lulo Invest Newsletter #48
Why Bitcoin Just Hit Its All-Time High
The cryptocurrency has surged to $68,000 following vicious industry-wide collapses. Here's why it rebounded.
time.com/6846934/bitcoin-all-time-high-price-holdings
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.
www.coindesk.com/policy/2024/03/07/us-fed-chair-powell-says-nowhere-near-pursuing-cbdc-wont-spy-on-americans/amp
First Mover Americas: AI Tokens Reclaim the Spotlight
The latest price moves in crypto markets in context for March 7, 2024.
www.coindesk.com/markets/2024/03/07/first-mover-americas-ai-tokens-reclaim-the-spotlight/amp
Crypto Payments Specialist Baanx Raises $20M Funding Round
The Series A investment round included Ledger, Tezos Foundation, Chiron and British Business Bank.
www.coindesk.com/business/2024/03/05/crypto-payments-specialist-baanx-raises-20m-funding-round/amp
Binance.US COO claims SEC lawsuit led to banks withdrawing support, strangling business
Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, experienced significant operational disruptions following legal challenges by the U.S. SEC
crypto.news/binance-us-coo-claims-sec-lawsuit-led-to-banks-withdrawing-support-strangling-business
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.
www.coindesk.com/policy/2024/03/05/crypto-lender-nexo-secures-first-regulatory-victory-in-dubai/amp
CFTC chair urges Congress to issue legislation for crypto regulations
CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected. Behnam made the statement during his testimony before the House Agriculture Committee on March 6 that primarily focused on the C FTC’s fiscal year 2025 budget request. […]
cryptoslate.com/cftc-chair-urges-congress-to-issue-legislation-for-crypto-regulations
Philippine gov’t blocks unlicensed crypto exchange sites, Binance unaffected
The Philippines’ telecommunications watchdog ordered internet providers to block the applications and websites of unlicensed crypto platforms.
cointelegraph.com/news/philippine-unlicensed-crypto-blocked-binance-accessible
Chinese Congress member proposes accelerated blockchain development
A National People’s Congress member has submitted a proposal advocating for expanding blockchain infrastructure to bolster China's government services and economic sectors.
crypto.news/blockchain-development-acceleration-china
Revolut partners with MetaMask to enable in-wallet purchases
Revolut has unveiled a new venture co-made with MetaMask to simplify the process of purchasing crypto directly into MetaMask wallets
crypto.news/revolut-partners-with-metamask-to-enable-in-wallet-purchases
Enjoyed our round up of weekly crypto news?
Click here to subscribe and receive our weekly newsletter to your inbox.
lulo-invest-newsletter.beehiiv.com/subscrib
Reply