April 25: 44.6% Capital Gains?
Daily Crypto News25 Huhti 2024

April 25: 44.6% Capital Gains?

This week in the cryptocurrency sector has been marked by anticipated legislative developments, significant personal statements from industry leaders, and notable investment trends. A stablecoin regulation bill is nearing readiness for presentation in the U.S. House, as stated by Democrat


Maxine Waters, signaling a move towards more structured oversight in the digital currency space. In a poignant moment for the crypto community, former Binance CEO Changpeng Zhao has issued a formal apology alongside his sentencing, bolstered by 161 letters of support, underscoring the complex interplay of leadership and accountability in the crypto industry.


On the economic front, a new report reveals that Bitcoin's inflation rate is now lower than that of gold, positioning Bitcoin as a potentially more stable store of value in the eyes of investors. In a unique intersection of finance and memorabilia, a notepad with "Buy Bitcoin" noted behind Janet Yellen has been auctioned for a staggering $1 million, highlighting the cultural impact and speculative interest surrounding Bitcoin.


Meanwhile, the investment landscape sees a shift as Bitcoin ETFs experience $120 million in outflows, with BlackRock's iBit ETF ending its 71-day inflow streak, reflecting fluctuating investor confidence and market dynamics. These events collectively paint a vibrant picture of the ongoing evolution within the cryptocurrency market, characterized by regulatory steps, personal developments, and shifting economic indicators.

________


https://substack.com/@dcndailycryptonews


https://www.udio.com


News Links 👇


https://www.coindesk.com/policy/2024/04/25/stablecoin-bill-could-be-ready-for-the-us-house-soon-says-top-democrat-maxine-waters-bloomberg/


https://www.theblock.co/post/290650/former-binance-ceo-changpeng-zhao-apologizes-sentencing-161-letters-of-support


https://decrypt.co/227940/bitcoins-inflation-rate-is-now-lower-than-gold-report


https://decrypt.co/228037/buy-bitcoin-notepad-held-behind-janet-yellen-sells-for-1m


https://decrypt.co/228027/bitcoin-etfs-see-120-million-outflows-blackrocks-ibit-ends-71-day-inflow-streak


———


***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 2024 Matthew Aaron Podcasts LLC



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Jaksot(718)

April 5: Hacks Up 192%, NFT Volume Tops $2B, Paxful Closes

April 5: Hacks Up 192%, NFT Volume Tops $2B, Paxful Closes

Today in Daily Web 3 News: Even though hacks are up this year, the total amount taken is down. All the while NFTs are blazing! Kinda…. And, peer to peer network closes. __________News Links 👇 https:/...

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April 4: Twitter or DOGE? No Xi JinPing on Midjourney, Binance Loses Marketshare

April 4: Twitter or DOGE? No Xi JinPing on Midjourney, Binance Loses Marketshare

Today in Web 3 News: Elon shocks the world by changing the Twitter logo to DOGE. Meanwhile Midjourney AI picture generator banned all prompts for China’s President Xi JinPing. And, Binance loses marke...

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April 3: US BTC Liquidity, Bittrex Closes, A.I. Fake News

April 3: US BTC Liquidity, Bittrex Closes, A.I. Fake News

Today in Daily Web 3 News: One of my OG exchanges is closing in the US and I am sad about it. There is a liquidity problem in US markets for crypto. And, AI is getting out of control and fake news is ...

3 Huhti 20239min

Long Form: What's the Fallout from CFTC Binance Lawsuit w/ Leo Mizuhara

Long Form: What's the Fallout from CFTC Binance Lawsuit w/ Leo Mizuhara

Everyone has spoke about the facts of the CFTC lawsuit. However not many people are talking about the affects.Besides maybe closing Binance US… I don’t see there being any globally because this is a U...

1 Huhti 202338min

March 31: The RESTRICT Act: Why We Need to Control Our Data

March 31: The RESTRICT Act: Why We Need to Control Our Data

The RESTRICT Act is thought of as the Patriot Act 2.0, as it give the executive branch of our government control of internet speech. This is a conversation we all should be paying attention to and cre...

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March 30: Matt Damon’s Lame Crypto.com Excuse & SEC Says Rules Already Exist

March 30: Matt Damon’s Lame Crypto.com Excuse & SEC Says Rules Already Exist

Matt Damon said that he only took the crypto.com money to… well… let’s see if you believe him. Gary Gensler goes in front of the US Senate. And Binance US clients have issues withdrawing their cash.Ne...

30 Maalis 20238min

March 29: SBF Alleged China Bribery, Binance & Voyager, Kraken’s F1 Sponsorship

March 29: SBF Alleged China Bribery, Binance & Voyager, Kraken’s F1 Sponsorship

Ups and downs in the news, the markets, & in the web 3 space. Bad news for SBF. Great news for BTC prices. And, Kraken is going international. _________News Links 👇 https://decrypt.co/124747/sam-bank...

29 Maalis 20239min

March 28: CFTC Sues Binance

March 28: CFTC Sues Binance

Binance is under much scrutiny, and the CFTC has loads of evidence against them. Today in Web 3 we look at some of the evidence.___News Links 👇 https://www.theblock.co/post/223181/uk-government-nft-c...

28 Maalis 202311min

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