#BTC

Bitcoin's price has rallied back towards the $55,000 level, now sitting around $54,700. This leaves it around 21% away from its November 2021 all-time high of $69,000. Bitcoin dominated recent inflows with $570 million last week, bringing its 2023 year-to-date total to $5.6 billion.

A Texas judge has temporarily halted a Department of Energy survey of crypto miners' electricity usage after a lawsuit alleged the emergency data collection lacked proper justification. The judge agreed that the facts did not seem to warrant invoking special emergency procedures that bypass normal review processes.

Aleo, a platform dedicated to enhancing privacy in the crypto space through zero-knowledge (ZK) cryptography, faced scrutiny from its users following a leak of Know Your Customer (KYC) documents. Reports surfaced on social media platform X (formerly Twitter) about users receiving KYC documents intended for others.