MARKETS DAILY: Crypto Update | Bitcoin Dropping Back to 24K ‘In the Cards’ and U.S. Court in Austin Examining Lawsuit Questions from Crypto Engineers and Investors

Risk assets are down across the board, which raises concerns about Bitcoin’s price. A lawsuit pertaining to smart contracts, open-source software, and token holders has been filed in response to federal sanctions on the Tornado Cash protocol.  

Today’s Stories: 

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital

Black Market for Worldcoin Credentials Pops Up in China

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

Do Kwon’s Detention in Montenegro Extended After High Court Decision to Revoke Bail

DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’

Market Watch Links: 

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?

Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama

Bitcoin’s ‘Ichimoku Cloud’ Suggests Deeper Drop Toward $24K: Technical Analysis

This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

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