Retirees Can Now Invest in Crypto Without Fearing Biden’s Overregulation

• Senator Tommy Tuberville is introducing a bill that would protect retirees who want to use their funds to purchase crypto or other speculative assets.
• Elizabeth Warren has attacked organizations like Fidelity for allowing people to invest in crypto with their retirement funds.
• Biden and his administration have been trying to regulate and control American financial practices, which goes against the original design of the Constitution set forth by the Founding Fathers.

Senator Tuberville Reintroduces Retirement Crypto Investment Bill

Senator Tommy Tuberville – a republican from the state of Alabama – is reintroducing a bill that would prevent the Department of Labor from getting in the way if retirees want to use their funds to purchase crypto or other forms of speculative assets. This move is being initiated not so much because Tuberville is a major crypto fan, but because he’s sick and tired of Biden and his nation-hating cronies working their tails off to regulate the funds of everyday Americans and for trying to control what they do.

Biden Administration’s Control Over Finances

Tuberville commented in a recent interview: The Biden administration can’t keep its hands off of Americans‘ finances. Meddling in 401(k) investments through overregulation restrains financial growth and restricts personal liberty. The federal government shouldn’t choose winners and losers in the investment game. Bureaucrats have no business telling hard-working Americans how to manage their savings accounts. My bill ensures that everyone who earns a paycheck has the financial freedom to invest in their futures however they see fit.

Elizabeth Warren’s Attack on Fidelity

Several members of the democrat party have sought to get in the way when it comes to Americans making their own decisions about what they do with their money. Another example comes in the shape of Elizabeth Warren, the forever anti-crypto senator of Massachusetts. Not long ago, when Fidelity announced it would allow clients to use their retirement funds to invest in crypto, Warren appeared

Former Coinbase Employee Guilty of Insider Trading, Sentencing in May

• Former Coinbase employee Ishan Wahi plead guilty to two counts of conspiracy to commit wire fraud related to insider trading.
• His brother, Nikhil Wahi, was found guilty in January and ordered to serve 10 months in prison and pay a financial penalty of $900k.
• U.S. Attorney Damian Williams warns that stealing confidential business information for personal gain is a serious federal crime.

Former Coinbase Employee Pleads Guilty to Insider Trading

The Department of Justice (DOJ) recently announced that Ishan Wahi, a former product manager at Coinbase, has plead guilty to two counts of conspiracy to commit wire fraud in connection with an insider trading scheme involving cryptocurrency tokens. This marks the first time an individual has been held accountable for such a crime regarding crypto assets.

Background on the Case

The case began more than two years ago in October 2020 when Wahi was given specific data about which tokens were set to be listed on Coinbase’s trading platform. Knowing this would cause the prices of these tokens to rise, he recruited his brother Nikhil and another friend into purchasing them prior their listing on the platform before selling them at a higher price for profit. In January 2021, Nikhil was found guilty and ordered to pay a financial penalty of nearly $900k as well as serve 10 months in prison for his involvement in the scheme.

U.S Attorney Warns Against Insider Trading

U.S Attorney Damian Williams presided over the court case and warned that stealing confidential business information for personal gain is a serious federal crime regardless if it happens within equity or cryptocurrency markets: „Wahi is the first insider to admit guilt in an insider trading case involving the cryptocurrency markets.“ He further added that those who break this law will face serious consequences from authorities – including jail time and heavy fines – depending on their involvement with the scheme itself.

Significance of Case

This is arguably one of the most significant cases ever opened by authorities related to cryptocurrencies as it’s an example of how seriously they are taking crimes related digital assets such as Bitcoin (BTC). Although there have been certain cases where individuals have been accused or convicted of similar types of fraud before now, none have ever involved cryptocurrencies until this point – making it even more noteworthy from both legal and moral standpoints alike.

Sentencing Date Set

Ishan Wahi is set to be sentenced for his part in the scheme roughly two months from now – May 2023 – whereupon he may be required serve more time than his brother due to having closer connections with Coinbase itself when carrying out their plan previously outlined above.

Crypto Stays Calm Despite Market Volatility: Analysts Weigh In

• Crypto experienced a small dip in early February, but analysts and crypto players suggested that volatility was low compared to other markets.
• Bitcoin has remained stable at the $23,000 level, with experts suggesting it could struggle to reach $25,000 in the short term.
• 2022 saw an all-time high for bitcoin of around $68,000 before it lost 70% of its value by the end of the year.

Crypto Experiences Sudden Lack of Volatility

In early February 2021, crypto assets such as bitcoin experienced a small dip after weeks of riding the bull wave and increasing their prices. Despite this, analysts pointed out that right now there is very little volatility across the board compared to other markets such as stocks or FX. Bitcoin has currently been content staying around the $23k level and experts suggest it might struggle taking out $25k over the short-term due to rising yields.

The Worst Year on Record for Crypto

The previous year saw one of the worst performances ever for digital currencies like bitcoin. After hitting its all-time high in November 2020 at around $68k per asset, it quickly lost 70% of its value by December 2022 and was down to about mid-$16K range by then. This massive drop resulted in an industry-wide loss of more than 2 trillion in valuation within a single year which was due to heavy speculation from investors, bankruptcies and bad behaviour from certain players such as FTX.

Sentiment Still Remains Strong

Despite these losses however sentiment still remains strong among traders and investors who believe things could have been a lot worse had it not been for the current low volatility across all crypto markets. Senior analyst at OANDA Edward Moya noted that “It is rather shocking to see how little crypto is moving considering all the volatility across fixed income, stocks, FX and commodities” suggesting that while yields might continue to rise this should be seen as good news overall for those invested in digital currencies like bitcoin.

Tech Dev’s Analysis

Analysts like Tech Dev (known for sharing his thoughts on Twitter) went on record saying “When liquidity flows, bitcoin moves” going on further say that five out of five times when major BTC impulses followed CN10Y/DXY breaking above its one-year moving average as well as monthly MACD crossing bullish so investors should watch closely what happens this time too with regard to similar patterns forming again soon enough.


In conclusion then it appears that despite some initial dips here and there things overall remain stable within crypto markets – especially when taking into consideration how volatile other markets are right now – resulting in many analysts feeling optimistic about what lays ahead for digital currencies like Bitcoin throughout 2023 given its current stability levels despite rising yields across other industries too

Bitcoin Set for Record High as Price Consolidates Near $25K Resistance

•The price of Bitcoin (BTC) is consolidating near the $25K resistance level as bulls continue to retest the area.
•On February 20, the BTC price made another attempt to cross the resistance zone, but it was unsuccessful.
•Bitcoin has reached a new high for the year despite macroeconomic headwinds and regulatory crackdowns on cryptocurrencies.

Current Bitcoin Price Statistics

The current price of Bitcoin (BTC) is $24,102.49 with a market cap of $465,248,872,105 and a circulating supply of 19,298,687 BTC. The total supply stands at 505,478,733,067 BTC and its Coinmarketcap rank is #1.

Resistance and Support Levels

The major resistance levels for Bitcoin are set at $50,000, $55 000 and $60 000 while support levels are set at $25 000,$20 000 and $15 000 respectively.

Recent Attempt to Cross Resistance Level

On February 20th ,the BTC attempted to cross the resistance level again but failed due to significant bearish pressure. Currently Bitcoin is trading in a constrained range above the support level of $24 000 while still being in an uptrend zone based on RSI (Relative Strength Index).

New 2023 High Achieved

Despite macroeconomic headwinds and regulatory issues surrounding cryptocurrencies ,Bitcoin has achieved a new high for 2023 by reaching 25000 USD . This is quite impressive considering that during middle June 2020 ,the last time this height was achieved ,it dropped from 19000 -21000 USD before stabilizing there .


If bulls break through the 25000 USD resistance level then they will likely surge past 25200 USD with no significant resistance ahead up until 30000 USD . However if neither side dominates then we can expect further consolidation around 24000 USD until further developments arise .

GBTC Investors Unite to Take Back Billions: Major Uprising Ahead

• Activist investors in GBTC, the world’s biggest bitcoin investment trust, are planning a takeover.
• Investors have lost billions of dollars due to Grayscale Investments’ administration of GBTC.
• Novice investors who bought into the trust have watched their wallets empty as the GBTC shares fall to 52% of its value.

GBTC: Major Uprising By Investors

Investors in GBTC, the biggest bitcoin investment trust in the world, are planning a major uprising against its current steward, Grayscale Investments. This coalition of hedge funds, asset managers and novice investors is challenging Grayscale’s administration for costing them billions of dollars since 2015.

What Is GBTC?

GBTC is promoted as an easy way for average individuals to purchase bitcoin without having to deal with an exchange or transfer cryptocurrency between wallets. For every share issued in this trust, a fraction of a bitcoin is added to it and thus ties its value to that of bitcoin. Grayscale gave out public service announcements promoting Bitcoin as “the future” and “the ideal investment” for retirees and other investors on major US TV networks. Currently, tens of thousands own shares in this trust.

The Cost To Investors

Unfortunately for shareholders, they can only get back $0.52 back per each $1 worth of Bitcoin when they sell their GBTC shares on the market since mid-December 2020 when these shares fell significantly from their previous high prices (sometimes even double). This has caused billions upon billions overall worth of losses all around for investors who had put money into this trust such as Christian Galández Beltrán with about $200k invested or an anonymous investor with around $30k in it expecting retirement security amidst inflation worries now being called “Bitcoin Bozos” by his wife out fear that his losses may be irreversible..

A Takeover In The Works?

With these large losses incurred by many different people from different walks of life now at stake here, activist investors are rallying together and plan on taking control over things from Grayscale Investment which has so far been running things here at least partly responsible for these huge loses to occur at all according to them anyway.. Their goal is yet unclear but with so much money involved here we can expect some kind if major changes coming soon one way or another whether it be through legal action or otherwise..


Grayscale Investments‘ handling of the largest Bitcoin Investment Trust – GBTC – has resulted in billions upon billions worth of losses across different types of investors worldwide ranging from novice ones all the way up to hedge fund managers alike who have been affected by this situation greatly enough that an uprising is now underway seeking answers and potential solutions moving forward either through legal action or otherwise yet still remain unclear what exactly will come out if it though there should no doubt be some kind if major changes coming soon one way or another

ALGO Reaches New Heights: Can It Reach Its All-Time High of $3.56?

• Algorand (ALGO) is a decentralized, fast and secure blockchain with smart contract capabilities.
• ALGO has been showing impressive performance since the start of this year, rising steadily and attracting attention from investors.
• Currently, ALGO is trading at $0.28, with a market capitalization of $2,023,028,615 and 0.178% market dominance.

What is Algorand?

Algorand (ALGO) is a decentralized, fast and secure blockchain that allows 1000 transactions per second with minimal fees. The transactions‘ finality is under five seconds, as the network solves the blockchain trilemma when it comes to scalability, security and decentralization by using pure proof of stake consensus process. Furthermore, its smart contract functionality gives access to dApps that make valuable blockchains for financial activities institutions and users.

Recent Market Performance

Since January 2023 ALGO has been up 41%, with a current market price of $0.28 and low of $0.25 in the past 24 hours. It also has a trading volume of $236,466,201 with a total market capitalization of $2,023,028,615 representing 0.178% market dominance. Moreover it hit an all-time high back in June 2019 but has since then dropped slightly in value over time until recently starting to show impressive performance again.

Cross-Chain Communications & Translation Speed Improvements

Recently the token blockchain launched cross-chain communications and translation speed improvements which will enable the ALGO chain to work smoothly with other blockchains along with implementing stake proofs into their system which will further strengthen their dApp scalability for organizations and developers alike.

Can ALGO Reach its ATH?

With its recent surge in growth many investors have started asking if ALGO can reach its all time high which was reached back in June 2019 at $3.56 USD per coin? This remains to be seen as it depends on various factors such as investor sentiment and overall cryptocurrency markets conditions but so far things are looking good for ALGO token holders who got in early enough on this one!


In conclusion Algorand (ALGO) has been performing impressively well since beginning of 2023 gaining over 40% so far during this period making it an attractive investment opportunity for those looking for exposure to blockchain technology tokens within their portfolio’s allocations! Furthermore recent developments such as cross-chain communication integration could mean higher prices ahead if things continue positively!

Cake DeFi Launches Verified Proof of Reserves: Financial Freedom at Your Fingertips

• Decentralized finance (DeFi) has grown in popularity over the recent years, promising financial freedom.
• Cake DeFi is a decentralized finance protocol built on the Ethereum blockchain that allows users to deposit, borrow, and earn interest on their cryptocurrency holdings.
• Cake DeFi has now launched Verified Proof of Reserves—a feature that allows individuals and institutions to easily view the total amount of funds held in reserve by any given project.

What is Decentralized Finance?

Decentralized finance (DeFi) is a new aspect of finance that has developed alongside the advancement of the internet. It promises financial freedom, allowing people to move away from traditional banking systems and take control of their own finances. DeFi utilizes smart contracts to create a decentralized and trustless financial system available to anyone with an Internet connection, allowing users to deposit, borrow, and earn interest on their cryptocurrency holdings without having to entrust them to a central authority or go through lengthy sign-up processes.

What is Cake DeFi?

Cake DeFi is an open source platform based on the Ethereum blockchain specifically designed for decentralized finance (DeFi). It focuses on user experience and security in order to provide an easy-to-use platform accessible by everyone. With Cake DeFI, users can stake their tokens in liquidity pools which will then earn interest depending on how long they are staked for as well as how many tokens are staked. The longer duration will result in higher interest rates earned.
Cake DeFI’s mission is ultimately about providing financial inclusion for all by creating a trustless financial system powered by smart contracts.

Verified Proof of Reserves

In order to bring greater transparency and trust into such projects, Cake DeFI has recently launched Verified Proof of Reserves—a feature that enables individuals and institutions alike to easily view the total amount of funds held in reserve by any given project at any given time. This feature provides an extra layer of assurance when it comes to verifying reserves held by any particular project; one which can be especially useful when dealing with larger amounts of money or more complex transactions involving multiple parties involved.

The Benefits Of Verified Proof Of Reserves

The launch of Verified Proof Of Reserves provides numerous benefits for those using the Cake DeFI platform: it offers increased transparency when it comes to viewing reserves held by projects; it adds an extra layer of security so users know their funds are being properly managed; finally, this feature may help increase confidence amongst investors who may be considering investing into such projects knowing that there is greater visibility into what exactly they are investing in.


Ultimately, Cake DeFI’s launch marks an important milestone within the world of decentralised finance; one which could further revolutionise how people manage their finances going forward as we continue towards a more digital future where cryptocurrencies become increasingly commonplace within society at large

Ethereum NFT Sales Increase for First Time in a Year on OpenSea

• OpenSea, the largest NFT marketplace, has recorded an increase in Ethereum NFT sales for two consecutive months, for the first time in a year.
• The monthly sales of Ethereum NFTs on OpenSea have surpassed $320 million so far in January and $283.5 million in December.
• The increase in Ethereum NFT sales is attributed to the 33% increase in the price of Ethereum in the last 30 days.

As the cryptocurrency market shows signs of recovery, the Non-Fungible Token (NFT) industry is following suit. OpenSea, the largest marketplace for NFTs, has reported a consecutive increase in Ethereum NFT sales for the first time in a year. According to publicly available blockchain data from Dune, an analytics platform, OpenSea has processed more than $320 million in Ethereum NFT trades so far in January, surpassing the amount of $283.5 million processed in December. This marks an increase from the $253 million in Ethereum NFT trades recorded in November.

The increase in Ethereum NFT sales can be attributed to the rising price of Ethereum. As per CoinGecko, the price of Ethereum has increased by 33% in the last 30 days to $1,620. Even when expressed in Ethereum, OpenSea’s January sales barely surpassed the amount in December, with over 228,000 ETH this month compared to 227,000 ETH in December. Nearly 191,000 ETH worth of Ethereum NFTs were sold by OpenSea in November.

The recent growth in Ethereum NFTs sales is a positive sign for the industry and a sign of hope following months of declining sales. While OpenSea’s sales figures show just how drastically the NFT industry has been hit by the bear market, the market is bouncing back, and NFTs may be returning to their pre-bear market heights.

Investors are now more optimistic about the future of NFTs, with the increasing sales on OpenSea indicating that the market may be recovering. With more players entering the market and large sales taking place, the industry could be on the verge of a new surge. It remains to be seen if the momentum can be sustained, and if OpenSea can continue to record increases in sales.

Dogecoin on the Rise: Can it Reach $1?

• Dogecoin (DOGE) has seen a significant surge in price following the recent market rally.
• The leading meme coin is trading above all its major moving average (MA) indicators, and has a positive MACD signal.
• The Dogecoin Foundation is investing heavily in developers to help the coin reach a price of $1.

Dogecoin (DOGE) has been experiencing a remarkable resurgence in the crypto markets in recent days, with investors hopeful that the leading meme coin will be able to reach the $1 mark. DOGE is currently trading at $0.0840, indicating an uptrend of 0.39% in the past 24 hours. This is good news for investors, as the broader market has retracted by 0.53% during the same period.

On the technical front, Dogecoin is doing quite well. The digital asset trades above all its major moving averages, from the 10-day MA of $0.08366 to the 200-day MA of $0.08378. This is a bullish sign that the coin is likely to continue its uptrend. The asset also has a positive moving average convergence divergence (MACD) signal, which indicates that the price is likely to move higher. However, investors should be wary of the asset’s relative strength index (RSI) of 59.21, as it is approaching the overbought region.

The Dogecoin Foundation is also investing heavily in developers to help the coin reach a price of $1. The Foundation recently announced an investment of $1.2 million in the development of Dogecoin, which is being used to fund projects such as the Dogecoin wallet, the Dogecoin blockchain, and other development initiatives. The Foundation is also working with reputable developers such as Coinbase and Binance to ensure the success of the coin.

Overall, it appears that Dogecoin is in a good position to make a run towards the $1 mark. If the coin can maintain the current level of growth, and the Foundation continues to invest in its development, then it could be possible for the meme coin to reach its goal. Only time will tell if the coin will make it to the $1 mark, but for now, the prospects look promising.

Smell Your Way Into the Metaverse: Tokens Soar After CES Event

• Tokens in the metaverse soared on Monday as the ability to smell entered the Metaverse.
• This was followed by the Sandbox (SAND) which rose 14.34% to trade at $0.5189, Decentraland (MANA) was up 13.5% to $0.4 and ApeCoin climbed 11.5% to exchange hands at $4.67.
• OVR Technology showcased a VR headset with a container holding eight primary aromas that can be mixed together to create various scents.

The cryptocurrency market was abuzz with activity on Monday, as tokens in the metaverse soared thanks to a revolutionary new development. A sense of smell, long a missing link in the virtual reality experience, has now been added, making the metaverse a much more immersive and life-like experience. This development has had a huge impact on the price of tokens, with Zilliqa price climbing as much as 50%. This was followed by the Sandbox (SAND) which rose 14.34% to trade at $0.5189, Decentraland (MANA) was up 13.5% to $0.4 while ApeCoin climbed 11.5% to exchange hands at $4.67.

The incredible success of the metaverse is closely tied to the development of human aspects of the virtual reality (VR) world that enhances user experience. This has been highlighted in a recent report from McKinsey & Company, which states that the success of the metaverse is dependent on the development of such features. At the Consumer Electronics Show (CES) 2023, these advancements were showcased by metaverse-focused companies.

One of the companies, OVR Technology, based in Vermont USA, showcased a revolutionary VR headset with a container holding eight primary aromas that can be mixed together to create various scents. This means that the users of the metaverse will now be able to experience smells in the virtual world, just as they would in the real world. The CEO of OVR Technology, Aaron Wisniewski, had this to say:

„Extended reality will soon be integrated with commerce, entertainment, social connection, education, and well-being. The presence of scent in these experiences gives them unmatched power.“

The CES event took place between January 5 and 8 in Las Vegas, and has been a major boon for the metaverse tokens, with Zilliqa benefitting the most. This surge in prices has been seen as a sign of increased confidence in the metaverse and its potential to revolutionize the way we interact with the world. With more features being added to the metaverse, it is likely that the tokens associated with it will continue to grow in value in the near future.