BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this week’s $1 billion options expiry. Source: …

Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange. Source: https://cointelegraph.com/news/south-korean-financial-majors-want-to-create-virtual-assets-exchange-in-2023-report

The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers. Source: https://cointelegraph.com/news/hackers-exploit-zero-day-bug-to-steal-from-general-bytes-bitcoin-atms

Crypto adoption should be about more than speculative trading outside of your regular bank account. Source: https://cointelegraph.com/news/defi-needs-to-start-creating-real-world-value-if-it-wants-to-survive

There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows. Source: …

Four members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that Proof-of-Work mining could increase demand for fossil fuels. Source: https://cointelegraph.com/news/us-lawmakers-appeal-directly-to-4-mining-firms-requesting-info-on-energy-consumption

The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers. Source: https://cointelegraph.com/news/solana-wallet-fires-up-the-grill-to-burn-spam-nfts-out-of-existence

After penning a deal with Texas-based crypto wallet providers BitWallet, the Houston Texans join a long list of crypto partnerships and payment deals in the NFL. Source: https://cointelegraph.com/news/houston-texans-becomes-first-nfl-team-to-sell-game-suite-with-crypto

Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance. Source: https://cointelegraph.com/news/traders-flinch-after-ethereum-price-rejects-at-2-000

The Shiba Inu breakout appears almost ten days after SHIB’s addition to Binance Card. Source: https://cointelegraph.com/news/shiba-inu-eyes-50-rally-as-shib-price-enters-cup-and-handle-breakout-mode