Jan 18: BlackRock's ETF Boom, Hash Rate Drop, CBDC Politics, and Regulatory Shifts
Daily Crypto News18 Tammi 2024

Jan 18: BlackRock's ETF Boom, Hash Rate Drop, CBDC Politics, and Regulatory Shifts

This week in the world of cryptocurrency and blockchain, BlackRock's Bitcoin ETF has achieved a remarkable milestone, hitting $1 billion in assets under management (AUM) in just one week, underscoring the growing institutional interest in digital assets. The Bitcoin network faces a significant shift as its hash rate tumbles with the approaching halving event, a critical moment that typically influences the currency's value and mining dynamics.


In the political arena, former President Donald Trump has vowed to oppose any U.S. Central Bank Digital Currency (CBDC) if reelected, signaling the ongoing debate around digital currency policy in the political sphere. Ripple's CEO has expressed reluctance towards a U.S. IPO, citing the current crypto-hostile environment fostered by the SEC.


The European Union has provisionally agreed on tougher anti-money laundering (AML) rules for crypto firms, marking a significant step in regulatory efforts. The crypto community is intrigued by Celestia (TIA), a coin created by a former CIA hacker, which has seen an 800% spike in three months. Lastly, Microsoft CEO praised the Rabbit R1 AI gadget, comparing its impressive demo to Steve Jobs' iconic iPhone unveiling, indicating the growing influence of AI in technology innovation.


________


News Links 👇


https://www.coindesk.com/markets/2024/01/18/blackrocks-bitcoin-etf-hits-1b-aum-in-one-week/


https://decrypt.co/213274/bitcoin-hash-rate-tumbles-halving-approaches


https://decrypt.co/213243/2-billion-dormant-bitcoin-moved-why


https://decrypt.co/213281/franklin-templeton-layer-one-ethereum-solana-after-bitcoin


https://decrypt.co/213324/trump-vows-to-never-allow-u-s-cbdc-if-reelected


https://www.theblock.co/post/273079/ripple-ceo-says-us-ipo-not-a-priority-crypto-hostile-sec


https://decrypt.co/213327/eu-provisionally-agrees-tougher-aml-rules-for-crypto-firms


https://decrypt.co/213312/what-is-celestia-tia-the-coin-created-by-a-cia-hacker-spiked-800-in-3-months


https://decrypt.co/213244/microsoft-ceo-rabbit-r1-ai-gadget-was-most-impressive-demo-since-steve-jobs-iphone-unveiling


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***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!


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