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Last Updated : January 23, 2023 / 10:08 PM IST
Cryptocurrency roundup for January 23: Brett Harrison raises $5 million for new startup, Bitcoin evangelist predicts value at $220,000 and more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day
Big Story
Bitcoin on its way to $220,000+ this cycle, says financial expert Max Keiser
Financial expert, trader, podcaster and Bitcoin evangelist Max Keiser has predicted that the world’s largest digital currency has bottomed out in this cycle and is well on its way to crossing the $220,000 ceiling. Speaking with journalist Daniela Cambone, he said billionaire venture capitalist Tim Draper has already set a target of $250,000 for Bitcoin this year, and he concurred with the prediction entirely. “Investments in the Bitcoin network have never been higher, that means the security has never been higher and the price will take care of itself. Tim Draper reiterated his $250,000 call for Bitcoin in 2023 and I concur with that entirely,” he said. More here.
FTX FIASCO
FTX Co-Founder’s Lawyers Claim Harassment Threats, Argue for Secrecy in $250M Bail Package
Three men in a car recently drove into a metal barricade outside of the house of FTX co-founder Samuel Bankman-Fried’s parents, according to court documents filed by lawyers, Bloomberg reported. The lawyers wrote, “When the security guard on duty confronted them, the men said something to the effect of: ‘You won’t be able to keep us out.’” The security guard was unable to get the licence plate of the car before it drove away. The lawyers argued that this incident highlights the need to keep secret the identities of two individuals willing to put up money to secure Bankman-Fried’s bond. Continue reading.
New Startup
Former FTX US President Raises $5 million for New Crypto Startup Architect
Bankruptcy filing
Genesis Global Capital LLC files for bankruptcy with $5.1 billion in liabilities following FTX’s collapse
LEGAL WRANGLE
Gemini Co-Founder Cameron Winklevoss Threatens Lawsuit Against DCG And Its CEO
Blockchain
Blockchain Crowdfunding Funds Psychological Thriller ‘Fuzzy Head’ At Slamdance Film Festival
Acquisition
MoonPay Acquires Leading Web3 Creative Agency Nightshift
Market buzz
Crypto Market Soars as Bitcoin Breaks $23,000 Barrier and Ethereum Rises 14.3%
RIL, ICICI Bank and more defining elements for the week ahead | Market Minutes
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