March 14: Experts Disagree on SVB & Silvergate Bank Rescue / Bailouts

This week in Asian cryptocurrency markets reflects diverse reforms and dynamic activities. Japan's cabinet is considering a progressive step by proposing to scrap corporate tax on unrealized crypto gains, potentially boosting investment and innovation within the country's digital asset space. In South Korea, high Bitcoin premiums are indicative of strong retail investor activity, as analyzed by CryptoQuant, suggesting a growing and active crypto community. China remains vigilant against illegal financial activities, busting a $2.2 billion forex ring linked to crypto platforms, emphasizing the government's ongoing efforts to regulate the financial landscape. Hong Kong is making strides in the institutional sector by releasing specific requirements for crypto ETFs, positioning itself as a forward-thinking financial hub.In the broader context, India is intensifying its crypto crackdown by moving to block major exchanges like Binance and Kraken, reflecting a stringent regulatory approach. OKX is responding to global regulatory pressures by delisting privacy coins, highlighting the ongoing debate over privacy and compliance. Despite the challenges, Binance reports a 30% growth in users in 2023, showcasing resilience and continued trust from the global crypto community, even as it navigates through executive resignations and legal hurdles.________News Links 👇https://www.coindesk.com/policy/2023/12/25/japans-cabinet-proposes-scrapping-corporate-tax-on-unrealized-crypto-gains/ https://cryptopotato.com/high-korean-bitcoin-premiums-signal-strong-retail-investor-activity-cryptoquant/ https://www.cryptotimes.io/china-busts-2-2b-forex-ring-linked-to-crypto-platforms/ https://blockworks.co/news/hong-kong-releases-crypto-etf-requirements https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/doc?refNo=23EC65https://decrypt.co/62912/high-profile-bitcoin-etf-applicationshttps://decrypt.co/211114/india-block-binance-kraken-other-exchanges-crypto-crackdownhttps://www.theblock.co/post/269613/okx-privacy-coins-delistinghttps://unchainedcrypto.com/binance-reports-30-growth-in-users-in-2023-despite-resignation-guilty-plea-by-ceo/——————————————————————©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

29 Joulu 202315min

XYO's sovereignty protocol, modular platform, and Proof-Of-Origin Blockchain propel businesses into a new era of unparalleled decentralized efficiency. The XYO protocol is a set of blockchain standards and established rules for both the XYO ecosystem, and the structured data within it. The protocol provides a cohesive blend of sovereignty, permanence, and provenance for all technologies built on the XYO Platform. This creates a seamless, interoperable data transfer XYO Ecosystem.________News Links 👇https://xyo.networkTwitter: @OfficialXYO——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

28 Joulu 20237min

This week in cryptocurrency brought a series of bold moves and reflective data. Cathie Wood's ARK Investment Management made a significant strategy shift by selling off its remaining shares in the Grayscale Bitcoin Trust (GBTC) to purchase $100 million in Bitcoin futures ETF, indicating a new direction in their investment approach. In the NFT space, former President Donald Trump reportedly offloaded millions in Ethereum following an underwhelming NFT venture, spotlighting the volatile nature of crypto assets tied to public figures. A stark reminder of the risks in the digital asset world, a report reveals that crypto users faced a staggering $1.8 billion in losses due to hacks and scams in 2023, underscoring the need for enhanced security measures. On a more positive note, the year witnessed some of the biggest crypto airdrops, with platforms like Arbitrum, Blur, Celestia, and Jito making notable distributions, highlighting new opportunities and rewards for active community members. Meanwhile, Bonk, a Solana-based meme coin, experiences a slowdown, reflecting the unpredictable ebb and flow of crypto token popularity.________News Links 👇https://decrypt.co/211088/cathie-woods-ark-sells-remaining-gbtc-shares-buys-100m-in-bitcoin-futures-etfhttps://decrypt.co/211064/trump-dumps-millions-in-eth-after-disastrous-nft-reduxhttps://www.theblock.co/post/269349/crypto-users-lost-1-8-billion-in-2023-hacks-and-scams-immunefi-sayshttps://decrypt.co/211031/biggest-crypto-airdrops-2023-arbitrum-blur-celestia-jitohttps://decrypt.co/211030/bonk-solana-based-meme-coin-slows-downhttps://www.coingecko.com/research/publications/biggest-crypto-airdrops——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

28 Joulu 20237min

The Internet Computer is governed and updated by the Network Nervous System (NNS), a protocol-integrated DAO that decides using liquid democracy.________News Links 👇Twitter: @dominic_whttps://dfinity.orghttps://internetcomputer.org——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

27 Joulu 202314min

In a significant week for the cryptocurrency market, Bitcoin inches closer to a historic 'Golden Cross,' a bullish chart pattern that analysts believe could forecast its next major moves. As Bitcoin eyes this critical technical indicator, Solana's decentralized exchange (DEX) hits record volumes, highlighting a surge in trading activity and growing interest in alternative crypto platforms. Meanwhile, the long saga of the Mt. Gox collapse takes an unexpected turn as creditors report receiving double reimbursements from the trustee, sparking discussions about the implications for those affected by the infamous hack. These developments paint a picture of a rapidly evolving and increasingly complex cryptocurrency landscape.________News Links 👇Paul’s Twitter: @_CryptoCuratorhttps://u.today/bitcoin-btc-inches-closer-to-historic-golden-cross-analysts-reveal-next-moveshttps://blockworks.co/news/solana-dex-record-volumeshttps://unchainedcrypto.com/creditors-report-double-reimbursements-from-mt-gox-trustee/——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

27 Joulu 202325min

In a pivotal week for cryptocurrency and gaming, the Bitcoin ETF stands at the threshold of approval, facing its last significant hurdle, potentially setting a precedent for future crypto investments. Meanwhile, Grayscale, the largest Bitcoin fund, is rocked by a sudden resignation, stirring uncertainty and speculation about its future direction. In the gaming realm, Minecraft enforces a crackdown on crypto and NFTs, particularly targeting Worldcoin integration, as Microsoft insists on maintaining a safe and inclusive platform. The gaming industry is also reeling from the profound impact of artificial intelligence in 2023, reshaping how games are developed and played. In addition, the XAI Gaming Network announces an eagerly anticipated airdrop on the Arbitrum network, sparking interest among gamers and crypto enthusiasts alike about eligibility and benefits.________News Links 👇https://decrypt.co/210777/last-hurdle-for-bitcoin-etf-approvalhttps://en.bitcoinsistemi.com/just-in-resignation-shock-at-the-largest-bitcoin-fund-grayscale/https://decrypt.co/210792/minecraft-cracked-down-crypto-nfts-worldcoin-integration-fine-microsoft-sayshttps://decrypt.co/210653/gg-2023-story-year-ai-rocks-gaming-industryhttps://decrypt.co/210776/xai-gaming-network-announces-airdrop-arbitrum-heres-whos-eligible——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

26 Joulu 20238min

This week in the Asian cryptocurrency and digital currency landscape, Cambodia is marking a significant milestone with over 10 million accounts registered for its Bakong digital currency, illustrating a growing acceptance of digital finance. Concurrently, an underground crypto economy thrives in Cambodia, with Tether increasingly becoming the coin of choice for Chinese-linked activities. Legal actions intensify as Three Arrows Capital's co-founders face a freeze on over $1 billion in assets by a court order. South Korean crypto exchanges report their highest yearly volume in early December, spurred by aggressive trading promotions. In a surprising twist, meme coin popularity catapults Solana's decentralized exchange volume over Ethereum's for the first time. Solana continues to make headlines with airdrops of tokens and NFTs to Saga phone users. Finally, Midjourney's V6 base model upgrade is enhancing text generation, signaling broader implications for AI and tech industries.________News Links 👇https://asia.nikkei.com/Business/Technology/Cambodia-chalks-up-10m-Bakong-digital-currency-accountshttps://www.scmp.com/week-asia/economics/article/3245224/cambodias-underground-crypto-economy-tether-becomes-coin-choice-chinese-linked-activitieshttps://www.bloomberg.com/news/articles/2023-12-21/three-arrows-co-founders-1-billion-in-assets-frozen-by-courthttps://www.bitcoinsensus.com/korean-crypto-exchanges-reach-highest-yearly-volume-in-early-december-due-to-trading-promos/ https://decrypt.co/210597/meme-coin-mania-helps-push-solana-dex-volume-over-ethereum-first-timehttps://decrypt.co/210634/solana-saga-airdrops-tokens-nfts-you-can-claimhttps://decrypt.co/210637/midjourney-v6-base-model-upgrade-text-generation——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

22 Joulu 202314min

This week in technology and cryptocurrency, a groundbreaking case reaches the Supreme Court as it deliberates whether AI can legally be credited as an inventor on patents, potentially reshaping the landscape of intellectual property. Worldcoin halts its orb verification operations in India, Brazil, and France amid rising concerns and regulatory scrutiny. Meanwhile, Russia integrates the digital ruble into its tax code with President Vladimir Putin's approval, marking a significant step in the country's crypto strategy. In legal developments, a British Virgin Islands court freezes over $1 billion in assets belonging to the founders of the collapsed hedge fund Three Arrows Capital. Investment moves are also in the spotlight as Cathie Wood's ARK Invest buys $245 million in Coinbase and Grayscale Bitcoin over a month, signaling strong market confidence. Lastly, the token of the gaming platform Immutable reaches a 20-month high, outpacing Bitcoin and highlighting the growing interest in blockchain-based gaming.________News Links 👇https://www.businessinsider.com/ai-inventor-supreme-court-patents-computer-science-dabus-2023-12?r=US&IR=Thttps://techcrunch.com/2023/12/20/worldcoin-is-no-longer-offering-orb-verification-in-india-brazil-and-france/?guccounter=1https://www.coindesk.com/policy/2023/12/21/vladimir-putins-signature-brings-digital-ruble-into-russias-tax-code/?_gl=1*1i2jjfa*_up*MQ..*_ga*MTM4MDM1NjU5Mi4xNzAzMTY0NjI4*_ga_VM3STRYVN8*MTcwMzE2NDYyNy4xLjAuMTcwMzE2NDYyNy4wLjAuMA..https://www.theblock.co/post/268758/bvi-court-freezes-three-arrows-capital-founders-1-billion-in-assetshttps://decrypt.co/210462/cathie-woods-ark-245m-coinbase-grayscale-bitcoin-30-dayshttps://decrypt.co/210425/immutable-hits-20-month-high-gaming-tokens-outpace-bitcoin-gains——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

21 Joulu 20239min