Web3 Rushes To Florida's Capitol | Biden Slams Crypto

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FBBA Special Notice

Web3 Day At The Capitol May 2nd 2023

The Florida Blockchain Business Association will be hosting its Third Annual Blockchain Day at the Capitol on May 2nd, 2023 in Tallahassee. Stay tuned as more information will be presented in coming news letters. If you are interested in attending please click here and type "Blockchain Day At The Capitol" in the message. This event is limited.

Biden Calls On Congress to "Step Up Crypto Regulation Efforts"

In their statement, the four officials said the Biden administration itself would be unveiling “priorities for digital assets research development, which will help the technologies powering cryptocurrencies protect consumers by default” in “the coming months.”

Celsius Propped Up Its Token To Help Insides Only, Not Costumers

Celsius gathered crypto deposits from retail customers and invested them in the equivalent of the wholesale crypto market. It raised some of the initial capital to fund its business by creating and selling its own crypto token, called "CEL".

FBBA Featured Member

HeightZero Announces First State Approved Tokenization Real Estate Course - Florida Blockchain Bu...

Laura Pamatian, founder of Height Zero a expert advisory firm for blockchain and AI application in Real Estate and Development, has partnered with Joshua

www.fbba.io

In The Know

Crypto Braced For A $250 Billion Bitcoin And Ethereum Price Earthquake

Bitcoin, ethereum and other major cryptocurrencies have rocketed higher in the first month of 2023, adding $250 billion to the combined crypto market...

www.forbes.com

Elon Musk is trying to build a Twitter payments system --- and crypto may be part of it: report

Twitter is reportedly advancing its efforts to introduce payments across the social media platform. In Elon Musk's vision, crypto may be part of it.

www.marketwatch.com

2023's crypto characters to watch

www.politico.com

Crypto meltdown sparks legal battle over assets

The court clashes vindicate skeptics like Sen. Elizabeth Warren and SEC Chair Gary Gensler, who warned that small investors were vulnerable.

www.politico.com

Fed Preview: Powell to Trigger 'Healthy Pullback' in Bitcoin, Experts Say

Financial conditions have loosened to a point where the Fed chairman may detail the extent of easing is unwarranted, one observer said, warning of a pullback in risk assets.

www.coindesk.com

Cryptoverse: Big investors edge back to bitcoin

Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin.

www.reuters.com

Analytical Data

Crypto YTD Performance

💰 Bitcoin network has settled $339 billion of BTC in the first three weeks of 2023

Billionaire Barry Sternlicht: "This year, the government will have to pay 4.5% interest on its debt (as opposed to 0.1%-2%), that means an interest expense of over $1 trillion!

Nigeria's Bitcoin market skyrockets with a 63% premium ($37,869). This demand comes just weeks after the Central Bank's cash withdrawal restrictions. The country now leads the world in "Buy Bitcoin" searches.

German banking giant DekaBank to offer 💰 Bitcoin and crypto to 1.5m retail customers and +500 institutional clients. DekaBank manages $428 Billion in assets.

🥇 Bitcoin market cap surpasses GDP of Iran.

Events

Click here for events & meetups in February 2023

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