Nov 14: Bitcoin Falls Off a Cliff

Singapore's central bank approves OKX for a major payment license, signaling wider crypto adoption. China's recent bullish crypto market sparks discussions, led by insights from Herbert Sim in the "Hall of Flame." South Korea's Worldcoin agrees to a regulatory probe, reflecting growing government interest in crypto projects. K-Bank, known for its crypto enthusiasm, eyes an IPO amid a Bitcoin surge. A crypto poll reveals political preferences influencing Bitcoin ETF opinions. JPMorgan cautions that MicroStrategy's strategy may intensify future market downturns. El Salvador makes headlines with strategic moves in its Bitcoin treasury management.________https://substack.com/@dcndailycryptonewsNews Links 👇https://cointelegraph.com/news/okx-payment-license-approval-singapore-central-bankhttps://cointelegraph.com/magazine/crypto-bull-run-china-bitcoin-herbert-sim-hall-of-flame/https://coingape.com/worldcoin-consent-to-south-korean-regulator-probe/https://cryptonews.com/news/south-koreas-crypto-keen-k-bank-aims-for-ipo-amid-btc-boom.htm https://decrypt.co/221829/crypto-poll-trump-biden-bitcoin-etfhttps://www.dlnews.com/articles/markets/jpmorgan-warns-microstrategy-risks-exacerbate-future-downturn/https://decrypt.co/221866/el-salvador-bitcoin-treasury-wallet——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

15 Maalis 202412min

Hong Kong embarks on a new phase of CBDC testing, advancing digital currency initiatives. El Salvador, following its pioneering Bitcoin adoption, now exempts foreign funds from income tax, enhancing its crypto-friendly stance. Developers have capitalized on Ethereum's reduced gas fees post-Dencun upgrade, uploading the entire script of "Bee Movie" to the blockchain as a playful testament to efficiency gains. Bitcoin's price discovery journey sparks debates on its potential peak amidst market optimism. The Dencun upgrade goes live on Ethereum, marking a significant step towards scalability and reduced transaction costs, poised to impact the blockchain ecosystem profoundly.________https://substack.com/@dcndailycryptonewsNews Links 👇https://www.coindesk.com/policy/2024/03/14/hong-kong-starts-new-phase-of-cbdc-testing/https://protos.com/el-salvador-ends-income-tax-on-foreign-funds-after-launching-bitcoin-passport/https://www.coindesk.com/tech/2024/03/14/developers-upload-script-of-jerry-seinfelds-bee-movie-on-ethereum-as-gas-fees-plunge-after-dencun/https://decrypt.co/221568/bitcoin-price-discovery-how-much-higher-will-it-gohttps://www.ccn.com/news/dencun-upgrade-live-what-ethereum-hard-fork-means/——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

14 Maalis 202412min

In this episode, I explore the idea of enhancing the accuracy of information in the AI era through a reputation-based consensus mechanism. This concept, inspired by my previous conversation with Joey Krug, co-founder of Augur, involves validating AI-generated content with a community's help, where individuals' reputations impact the credibility of the information.I highlight Augur as an example, a decentralized, blockchain-based platform that allows people to make predictions on various topics. The platform uses the collective wisdom of its users, who stake their reputations on their predictions, creating a self-regulating accuracy mechanism.I suggest that adopting a similar reputation-based approach for AI-generated content could improve its reliability. This system would allow users to challenge or support content, influencing its credibility based on accuracy. Such a mechanism could enhance the vetting process for AI-generated information, ensuring only verified content is disseminated.I also reflect on how these ideas have evolved from my initial conversation with Joey and their relevance for future information accuracy in an AI-driven world. The episode, along with more in-depth analysis and exclusive content, is available on my Substack for subscribers.________https://substack.com/@dcndailycryptonewsNews Links 👇https://twitter.com/AugurProjecthttps://twitter.com/joeykrug——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

13 Maalis 202446min

Ethereum gears up for the Dencun upgrade, promising reduced fees and enhanced efficiency, alongside significant interest in Layer 2 solutions like Arbitrum, Optimism, and Polygon. Amidst expanding crypto adoption, Binance faces regulatory scrutiny in Nigeria, asked to disclose top user details, reflecting global challenges in privacy and compliance. India's market regulator advocates for instant settlement to compete with cryptocurrencies, emphasizing traditional finance's push towards innovation. Bitcoin ETFs continue to attract capital, with inflows hitting $1 billion, highlighting investor confidence. Meanwhile, debates around AI's role in elections intensify, underscoring the intersection of technology, governance, and public discourse.________News Links 👇https://www.coindesk.com/tech/2024/03/12/ethereum-blockchain-counts-down-to-dencun-upgrade-set-to-reduce-fees/?_gl=1*1s30r4*_up*MQ..*_ga*NzM5NDYwMjk2LjE3MTAzMzQ0Njk.*_ga_VM3STRYVN8*MTcxMDMzNDQ2OC4xLjAuMTcxMDMzNDQ2OC4wLjAuMA..https://decrypt.co/221500/ethereum-l2-arbitrum-optimism-polygon-dencun-upgradehttps://decrypt.co/221493/binance-asked-to-provide-names-and-transaction-history-of-top-100-users-in-nigeriahttps://www.coindesk.com/policy/2024/03/13/instant-settlement-needed-to-compete-with-crypto-indias-markets-regulator-says/https://www.theblock.co/post/282137/bitcoin-etf-inflows-1-billion-usdhttps://decrypt.co/221458/google-gemini-ai-election-ban-openai-anthropic——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

13 Maalis 202414min

In a groundbreaking week for the cryptocurrency market, Bitcoin miner revenue soared to unprecedented levels, signaling a robust bull run that, while generating new millionaires, is doing so at a slower pace than previous rallies. MicroStrategy's stock leapt by 14% as CEO Michael Saylor's additional Bitcoin investments paid off, reflecting a broader confidence in cryptocurrency as Bitcoin ETFs witness a surge, amassing $2.7 billion in weekly gains. Thailand's regulatory approval for asset management firms to access spot Bitcoin ETFs for professional investors marks a significant step towards mainstream financial integration. Meanwhile, the crypto world watched closely as Wormhole detailed its Solana-Ethereum airdrop, highlighting the continued innovation and interoperability within blockchain technologies. Amidst these developments, Nigeria's detention of Binance's compliance head and Africa manager for two weeks raises questions about the regulatory challenges facing the industry. This episode dives into these pivotal moments, unpacking what they mean for investors, regulators, and the global cryptocurrency landscape.________News Links 👇https://www.theblock.co/post/281884/bitcoin-miner-revenue-hits-all-time-highhttps://www.coindesk.com/markets/2024/03/12/this-bitcoin-bull-run-is-breeding-millionaire-whales-at-slower-pace-data-show/https://decrypt.co/221253/microstrategy-stock-soars-14-as-saylor-buys-more-bitcoinhttps://decrypt.co/221180/bitcoin-etf-surge-crypto-funds-record-2-7-billion-weekly-gainshttps://www.theblock.co/post/281896/thailand-allows-asset-firms-to-access-spot-bitcoin-etfs-for-professional-investors-reporthttps://decrypt.co/221257/wormhole-explains-solana-ethereum-airdrophttps://www.coindesk.com/policy/2024/03/12/nigeria-invited-then-detained-binances-compliance-head-and-africa-manager-for-two-weeks-reports/——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

12 Maalis 202413min

Dive into a transformative moment as Bitcoin eclipses silver, vaulting over $71,000, while Ethereum's resurgence past $4,000 signals a tech triumph. The episode unpacks the earlier-than-expected Bitcoin halving, sparked by surging activity. Political landscapes shift with Coinbase's massive super PAC investment and Wyoming's pioneering DAO law. Amidst this, the U.S. job market's unexpected twist adds a broader economic dimension. Together, these developments paint a picture of a rapidly evolving crypto ecosystem, intersecting with politics and global economics, shaping a new digital frontier.________News Links 👇https://decrypt.co/221121/bitcoin-flips-silver-above-71000-first-time-everhttps://decrypt.co/221140/bitcoin-halving-sooner-than-you-thinkhttps://decrypt.co/220818/bitcoin-etfs-driving-btc-scarcity-good-bad-newshttps://decrypt.co/220686/ethereum-retakes-4000-first-time-since-2021https://decrypt.co/220918/coinbase-backed-85-million-crypto-super-pac-senatehttps://www.theblock.co/post/281414/wyoming-governor-signs-into-law-a-bill-to-give-daos-legal-standing-in-the-statehttps://www.coindesk.com/business/2024/03/08/us-added-275k-jobs-in-february-unemployment-rate-unexpectedly-rises-to-39/——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

11 Maalis 202415min

Bitcoin's 'Kimchi Premium' Surges in South Korea: The 'Kimchi premium' — the difference in Bitcoin prices between South Korean exchanges and global averages — has hit a two-year high. This development points to increased demand and unique market conditions within South Korea, affecting the local cryptocurrency landscape.Personal Loss in Hong Kong's Crypto Scene: An individual recounts the disappearance of a Hong Kong-based crypto firm, along with millions in funds, highlighting the risks and challenges faced by investors within the volatile crypto market and the importance of due diligence.Hong Kong's Digital Finance Initiatives: Despite some setbacks, Hong Kong is advancing with its digital yuan trials and Web3 initiatives, aiming to establish itself as a leader in digital finance and blockchain innovation.China's Crypto Ban Reconsideration: Speculations arise about China potentially reconsidering its cryptocurrency ban, following developments in digital currency trials and evolving global blockchain trends. Such a shift could significantly impact global crypto markets and regulations.________News Links 👇https://coingape.com/bitcoin-btc-kimchi-premium-in-south-korea-reaches-two-year-high/ https://www.reuters.com/article/idUSL1N2DT09W/https://www.koreatimes.co.kr/www2/common/viewpage.asp?newsIdx=288426&categoryCode=602 https://www.dlnews.com/articles/people-culture/my-quest-for-a-hong-kong-crypto-firm-vanished-with-millions/https://www.dlnews.com/articles/people-culture/hong-kong-pushes-ahead-with-digital-yuan-and-web3-initiatives/https://beincrypto.com/will-china-lift-crypto-ban/https://www.theblock.co/post/281277/optimism-private-sale-89-million-usdhttps://www.theblock.co/post/281283/ai-crypto-tokens-value-overstated-coinbase-institutionalhttps://decrypt.co/220681/bitcoin-bull-run-delay-fed-rate-cuthttps://decrypt.co/220597/tesla-spacex-bitcoin-wallets-elon-musk-firms-1-3-billion——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

8 Maalis 202417min

Pantera's Solana Investment Plan: Pantera Capital is looking to capitalize on the current market conditions by purchasing discounted Solana tokens through a new fund, according to Bloomberg. This move highlights investment strategies adapting to the fluctuating valuations in the crypto space.Bitcoin's Kimchi Premium Resurgence: The 'Kimchi premium' – the price gap between Bitcoin traded in South Korean exchanges versus global markets – has reached a two-year high. This phenomenon reflects regional demand fluctuations and possible arbitrage opportunities in the cryptocurrency market.Spain's Temporary Ban on Worldcoin: The Spanish data protection agency has imposed a temporary ban on Worldcoin operations for up to three months amidst a broader investigation. This regulatory action underscores the growing scrutiny of privacy and data security practices in crypto-related ventures.BlockFi's Settlement with FTX and Alameda: BlockFi has reached a $875 million settlement with FTX and Alameda, marking a significant resolution within the complex web of financial dealings following FTX's collapse. This settlement sheds light on the ongoing repercussions and legal negotiations in the aftermath of major cryptocurrency platform failures.SEC's Stance on Ethereum as a Security: SEC Chair Gary Gensler's remarks concerning Ethereum potentially being classified as a security have ignited discussions about the regulatory future of Ethereum and other cryptocurrencies, underscoring the ongoing debates surrounding digital assets' legal and regulatory status.________News Links 👇https://www.coindesk.com/business/2024/03/07/pantera-looks-to-purchase-discounted-solana-tokens-with-new-fund-bloomberg/https://www.theblock.co/post/281018/bitcoins-kimchi-premium-hits-two-year-highhttps://www.theblock.co/post/281009/spain-bans-worldcoin-for-up-to-three-months-amid-broader-investigationhttps://unchainedcrypto.com/blockfi-settles-with-ftx-and-alameda-for-875-million/https://decrypt.co/220515/bitcoin-ordinals-runestone-auction-ahead-of-airdrophttps://decrypt.co/220434/bitcoin-etf-versus-gold-sp500-indexhttps://decrypt.co/220545/sec-chair-gary-gensler-ethereum-security——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.

7 Maalis 202410min