Logan Paul unveiled a $1.5M strategy to recover CryptoZoo | Curated CoinCodeCap #14 January 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Nexo to sue Bulgarian authorities for unauthorized office searches
After extensive raids at the company’s offices in Sofia, troubled cryptocurrency company Nexo plans to file a lawsuit against the Bulgarian authorities. To stop Nexo, the Bulgarian Prosecutor’s Office investigates its unlawful activities in Sofia. More than 300 people are working on the project.
The Bulgarian News Agency stated on January 13 that Nexo had complained about the responses taken by law enforcement to the firm’s probe. Keep Reading »
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ETF Suit: Grayscale slams SEC in reply brief, calls argument illogical
The legal battle between the Securities and Exchange Commission(SEC) and Gryasclae has been going on for some months. Grayscale Investments’ application to convert its $13.5 billion Grayscale Bitcoin Trust (GBTC) into a spot-based bitcoin exchange-traded fund (ETF) has been denied multiple times by SEC.
In a recent reply brief questioning SEC’s reasoning behind the rejection, Grayscale had accused SEC of acting arbitrarily in treating spot traded exchange-traded products differently from futures traded products. The reply brief is part of ongoing litigation that Grayscale initiated in June 2022. In June, Grayscale filed a “petition for review” with the US Court of Appeals for the District of Columbia to challenge the SEC decision to deny the conversion of Grayscale Bitcoin Trust to a spot Bitcoin ETF. Keep Reading »
Logan Paul unveiled a $1.5M strategy to recover CryptoZoo
For the investors in his troubled NFT business CryptoZoo, YouTuber Logan Paul has presented a $1.5 million recovery plan.
Paul declared in a video aired through Twitter on January 13 that he is no longer attempting to sue fellow YouTuber Coffeezilla for defamation over claims he made in a critical series of films on Paul’s NFT initiative. Paul made it clear that his current priorities are correcting CryptoZoo, completing the roadmap, and making sure that fans and investors are satisfied: Keep Reading »
Revised Estimates Show Stronger Growth in the US Economy. Will this Positivity Continue in 2023?
The world is going through challenging moments. So far, the Fed has indicated that it will continue with its aggressive strategy despite the consensus that it is just a matter of time before the milled recession starts.
But according to UBS asset management and JP Morgan, the American economy may defy the bearish consensus and is likely to deliver positive surprises. Already, prices are easing, signaling the peak of inflation.
So what are the biggest threats to the US economy in 2023? Keep Reading »
The CFTC pursues default for Ooki DAO due to missed court deadlines
The CFTC stated in a court filing that Ooki DAO had until January 10, 2023, to reply to the institution’s lawsuit. The federal judge shall now side with the CFTC, the commodities regulator, because the DAO exceeded the deadline.
Ooki DAO, initially called as bZeroX, is a decentralised cryptocurrency lending and borrowing protocol that allows users to expand their trading exposure by using margin trading with loaned funds.
The regulator has asked the court for a “entry of default” against the DAO, based on a court document filed on January 11. The regulator claims the DAO didn’t meet its obligation to “respond or otherwise defend” as required by the subpoena. Keep Reading »
NFT Weekly Market Update (Dec 27th – Jan 2nd)
We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.
Market Updates
SOL Price Analysis January 2023
SOL is a token of the platform Solana. Its current price is around $16.41 at the time of writing, with a low of $8.14, and it has a market cap of 6 billion dollars. Keep Reading »
TKO Price Analysis January 2023
TKO is a token of the platform Toko Token. Its current price is around $0.2631 at the time of writing, with a low of $0.1722, and it has a market cap of 28 million dollars. Keep Reading »
WOO Price Analysis January 2023
WOO is a token of the platform WOO Network. Its current price is around $0.1678 at the time of writing, with a low of $0.102, and it has a market cap of 247 million dollars. Keep Reading »
MATIC Price Analysis January 2023
MATIC is a token of the platform Polygon. Its current price is around $0.8084 at the time of writing, with a low of $0.3228, and it has a market cap of 7 billion dollars. In addition, Polygon, a company that specializes in accelerator programs and investment, has announced the launch of its newest initiative called “Orbeon Protocol,” which will be set up to increase its following after a surge of 805%. Keep Reading »
Top 5 Crypto to Buy in 2023
The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.
However, it is still one of the best investment opportunities for long-term investors. Experts believe the crypto market will be worth around $200 trillion by 2030.
As of now, Bitcoin is only a fraction of this market, with more money likely to be in altcoins such as Ethereum. There are more than 20000 possible crypto assets to invest in today, and trying to find the best ones can be challenging. These are the top 5 cryptos to buy in 2023. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
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