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💋BULLISH WEEK AHEAD???💋8 RED BITCOIN WEEKLY CANDLES💋 5/22/2022

ByCryptoWendyO

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US Govt URGENT Warning for Crypto Firms (Bitcoin On-Chain Analysis Remains Bearish)
Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions

By CryptoWendyO

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  • Binance obtains in-principle approval to operate in Kazakhstan
    The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai.
  • Binance distances from WazirX as Indian regulators keep chasing crypto
    The ownership of WazirX became a hot topic as CZ claimed the deal never went through, but three years later, there’s still no clarity.
  • Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
    Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation.
  • Celsius Network coin report shows a balance gap of $2.85 billion
    The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents.
  • Galaxy Digital terminates BitGo acquisition, citing breach of contract
    After announcing plans to acquire BitGo in May 2021, Mike Novogratz’s Galaxy Digital has eventually dropped the deal but is still pursuing a listing in the United States.
  • Pandas, cyborgs, dogs, koalas dominate BNB Chain Red Alarm flag list
    BNB Chain's Red Alert system flags projects based on obvious features that have been historically used in scams, rug pulls and phishing.
  • Tornado Cash community fund multisignature wallet disbands amid sanctions
    The peer-elected signatories for Tornado Cash’s community fund have left the management of the wallet to the DAO.
  • Zipmex gets 3-month protection in Singapore amid halted withdrawals
    Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.
  • Ethereum ICO-era whale address transfers 145,000 ETH weeks before the Merge
    The amount of ETH transferred just a month before the Merge has generated community curiosity, with some claiming it’ll be dumped while others say it’s for staking.
  • Crypto needs ‘enabling environment,’ Philippines central bank says
    The Philippine central bank sees crypto's potential for improving domestic and cross-border payments, but the authority is still negative about crypto as a legal tender.

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