✅ While the S&P 500 is treading near an all-time high, BTC decided to play hardball and peeked below $40k 🙃
Monday's news:
🔸 Uzbekistan passed (https://lex.uz/ru/pdfs/6763724) a law criminalizing illegal cryptocurrency mining and trading operations
🔸 WSJ: China's cryptocurrency market thrives (https://www.wsj.com/world/china/laundromats-and-vpns-how-chinas-crypto-traders-are-evading-the-rules-8511ebe8) despite government bans 😇
🔸 SPONGE staking has already added (https://spongetoken.vip/ru?pid=503239&tsid=75) 5.6 billion tokens worth $5.4 million, current yield +280%
🔸 Last week saw the first crypto fund outflow of $21 million this year
🔸 LUNA and UST developer Terraform Labs filed for bankruptcy
🔸 Study: Cryptocurrency users grow 34% to (https://twitter.com/cryptocom/status/1749384443683319983) 580 million in 2023
🔸 Online church pastor Eli Regalado of Colorado created (https://community.indxcoin.com/c/indxcoin-updates/lawsuit-response) and promoted a scam token, explaining it was "God's will" 😂
🔸 Hackers stole (https://twitter.com/Trezor/status/1748724846861705494) the data of 66,000 Trezor hardware wallet users
🔸 Scammers created (https://twitter.com/blockfence_io/status/1745861887101993301) an automated token scam scheme and stole $32 million from 42,000 cryptocurrency users
