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Illustration showing the Texas State Capitol linked to crypto proof-of-reserves legislation and transparency measures.

Texas Lawmakers Approve Bill to Add Digital Currencies to State’s Bill of Rights

May 12, 2023 Gonzalo

Texas lawmakers vote to amend the state’s Bill of Rights, officially recognizing citizens’ right to own and use digital currencies such as Bitcoin.

Crypto Market Liquidity Shrinks as Jane Street and Jump Crypto Scale Back Operations

May 12, 2023 Gonzalo

Jane Street and Jump Crypto reduce crypto activity amid US regulatory pressure, worsening liquidity and increasing volatility across digital markets.

French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin

May 12, 2023 Gonzalo

French crypto trader Thomas Clausi was sentenced to 18 months in Moroccan prison and fined $3.7 million after buying a Ferrari with Bitcoin, which later dropped in value.

Illustration showing Binance exchange visuals with market data overlays, representing projected crypto listings and market analysis for 2025.

Binance US Seeks to Cut CZ’s Stake Amid Mounting Regulatory Pressure

May 12, 2023 Gonzalo

Binance US executives are exploring ways to cut founder CZ’s ownership stake as SEC and CFTC scrutiny intensifies, threatening licenses and expansion.

BlockGPT Launches ‘Chat-to-Earn’ AI Platform and Dual-Token Blockchain Ecosystem

May 11, 2023 Gonzalo

BlockGPT launches a decentralized AI chatbot on the blockchain with BGPT and AIBGPT tokens, enabling users to earn rewards by chatting and engaging.

Illustration showing SpaceX-related Bitcoin transfers with spacecraft and on-chain movement visuals.

CryptoQuant: Bitcoin Emerging From Bear Market as Institutions Eye Q3–Q4 Entry

May 11, 2023 Gonzalo

CryptoQuant says Bitcoin appears out of the bear market, with institutional investors readying Q3–Q4 entries and BTC showing growing correlation with gold.

Illustration showing Elon Musk speaking during an X platform discussion related to technology and markets.

Elon Musk’s Tweet Sends Milady NFT Prices Soaring Before Quick Correction

May 10, 2023 Gonzalo

Elon Musk’s tweet featuring a Milady NFT sent prices soaring from 3.8 to 7.3 ETH before cooling, reigniting debate over the anime-inspired collection’s history.

Tether Reveals $1.5 Billion in Bitcoin Holdings as Reserves Hit Record $81.8 Billion

May 10, 2023 Gonzalo

Tether discloses $1.5 billion in Bitcoin reserves, $3.4 billion in gold, and record profits of $1.48 billion, strengthening its dominance in the stablecoin market.

Bitcoin on Exchanges Drops to 5.84%, Lowest Level Since 2017 Amid Rising Self-Custody Trend

May 10, 2023 Gonzalo

Bitcoin holdings on exchanges fall to their lowest level since 2017 as investors increasingly move funds to self-custody wallets after FTX’s downfall.

Illustration showing FTX creditors and recovery scenarios involving airdrops and asset distributions.

IRS Files $44 Billion Claim in FTX Bankruptcy Case, Targeting Alameda Research for $20.4 Billion in Taxes

May 10, 2023 Gonzalo

The IRS is seeking $44 billion in taxes from bankrupt crypto exchange FTX, including $20.4 billion in unpaid partnership and income taxes owed by Alameda Research.