Bitcoin News Alerts | Daily BTC News 1154: LOGAN PAUL THREATENS TO SUE COFFEEZILLA OVER CRYPTOZOO ‘SCAM’ ALLEGATIONS!! BITCOIN LIVE SHOW!!
Jan 5, 2023
Logan Paul finds himself in hot water, threatening to sue Coffeezilla over alleged fraud connected to his CryptoZoo NFT project. The ongoing feud has escalated on social media, with allegations swirling about investor scams. Meanwhile, experts discuss the current state of Bitcoin, predicting possible future price movements. Amidst regulatory scrutiny, notable developments in the cryptocurrency market, including BlackRock's Bitcoin investment and the SEC's concerns about Binance US, reveal a volatile landscape ripe for change.
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Bitcoin Low Volatility Insight
- Bitcoin is currently experiencing one of the least volatile periods in its history, trading near $17,000.
- Historically, breakouts from low volatility periods yield sustained price trends.
SEC Challenges Binance Voyager Deal
- The SEC objected to Binance US's Voyager acquisition citing insufficient information and concerns over funding.
- This raises questions about Binance US's financial independence from its global parent.
FTX and Robinhood Asset Seizure
- DOJ is seizing $460 million in Robinhood shares linked to FTX and Sam Bankman-Fried.
- Control over these assets is contested among creditors during FTX's bankruptcy.