Blockchain Roundup: Bittrex Bankruptcy, Bitcoin Lightning Network & Fees, SBF, and TA Analysis

Blockchain Roundup: Bittrex Bankruptcy, Bitcoin Lightning Network & Fees, SBF, and TA Analysis
#bitcoin #lightningnetwork #bittrex #mexc #blockchain #TA #crypto

Welcome to our latest crypto news roundup! In this video, we cover a range of exciting topics in the world of cryptocurrency. Join us as we discuss the contest on MEXC and Discord, the surprising Bittrex Chapter 11 bankruptcy announcement, the groundbreaking Canton blockchain network, and the increasing popularity of the Lightning Network due to Bitcoin fee spikes. We also delve into the unfortunate wrong transaction by Jaredfromsubway.eth and the controversial premium on Binance.US crypto exchange. Stay tuned as SBF asks for charges to be dropped in the FTX case and we provide insightful Bitcoin and crypto TA technical analysis. Don't miss out on the latest updates and trends in the crypto space!

Important Update On Bittrex U.S. Operations
Having previously announced that Bittrex, Inc. would be ceasing all operations in the U.S. effective April 30th, we have now made the decision to file Chapter 11 bankruptcy in federal court in Delaware.

https://bittrex.zendesk.com/hc/en-us/articles/10840250329245

Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
Other participants of the network include BNP Paribas, Cboe Global Markets and Microsoft.

https://www.coindesk.com/business/2023/05/09/digital-asset-announces-launch-of-global-blockchain-network-with-deloitte-goldman-and-others/
https://cointelegraph.com/news/microsoft-goldman-sachs-others-partner-in-new-blockchain-network
https://www.businesswire.com/news/home/20230509005497/en/New-Global-Blockchain-Network-of-Networks-for-Financial-Market-Participants-and-Institutional-Assets

Bitcoin fee spike spurs shift to Lightning Network — Binance and Coinbase line up
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.

https://www.coindesk.com/tech/2023/05/09/africa-moves-to-lighting-stablecoins-as-bitcoin-transaction-fees-soar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin priced on Binance​.US crypto exchange at $700 premium

https://cointelegraph.com/news/bitcoin-priced-at-binance-us-crypto-exchange-at-700-premium

User accidentally sends $1.5 million in Bitcoin to “Jared from Subway”

https://www.dexerto.com/tech/user-accidentally-sends-1-5-million-in-bitcoin-to-jared-from-subway-2137167/

Sam Bankman-Fried Blames ‘Crypto Winter’ For FTX Collapse In Attempt To Dodge Most Fraud Charges

https://zycrypto.com/sam-bankman-fried-blames-crypto-winter-for-ftx-collapse-in-attempt-to-dodge-most-fraud-charges/

0:00 Intro
1:35 Contest, MEXC, Discord
2:24 Bittrex Chapter 11 Bankruptcy
3:32 The Canton blockchain network
4:49 Bitcoin fee spike spurs shift to Lightning Network
6:59 Jaredfromsubway.eth wrong transaction
8:01 Binance​.US crypto exchange at $700 premium
8:44 SBF Asks Charges To Be Dropped FTX Latest
9:30 Bitcoin Crypto TA Technical Analysis

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