Sep 12: Coinbase's Flatcoins, Bitcoin Lightning Payments, Gensler's Oversight, PayPal's Crypto Service, Market Drops, and FTX's $3.4 Billion Portfolio

Sep 12: Coinbase's Flatcoins, Bitcoin Lightning Payments, Gensler's Oversight, PayPal's Crypto Service, Market Drops, and FTX's $3.4 Billion Portfolio

Welcome to another episode of Daily Crypto News! In today's roundup, we explore Coinbase CEO Brian Armstrong's thoughts on "Flatcoins" and their potential impact on the crypto landscape. David Marcus discusses Bitcoin payments and the Lightning Network's role in shaping the future of transactions. SEC Chair Gary Gensler highlights wide-ranging noncompliance issues ahead of his oversight testimony. Meanwhile, PayPal introduces a new crypto-for-USD conversion service, making crypto more accessible. We also delve into the crypto market's recent performance, with Ethereum, Bitcoin, and altcoin values dropping amid FTX's crypto liquidation efforts. Finally, we get insights into FTX's impressive $3.4 billion crypto portfolio, featuring Solana, Bitcoin, and Ethereum. Stay tuned for all these crypto updates!


Hashtags: #Coinbase #Bitcoin #SEC

__________


News Links 👇


https://decrypt.co/155775/flatcoins-new-thing-on-the-horizon-coinbase-ceo-brian-armstrong


https://decrypt.co/155961/bitcoin-payments-david-marcus-lightning-network


https://decrypt.co/155967/gensler-cites-wide-ranging-noncompliance-ahead-of-oversight-testimony


https://www.theblock.co/post/250333/paypal-rolls-out-crypto-for-usd-conversion-service


https://decrypt.co/155931/ethereum-bitcoin-altcoin-values-drop-as-ftx-pursues-crypto-liquidation


https://decrypt.co/155837/apecoin-plunges-new-low-down-42-over-last-month


https://decrypt.co/155829/ftx-details-its-3-4-billion-crypto-portfolio-of-solana-bitcoin-and-ethereum

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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!


©Copyright 2023 Matthew Aaron Podcasts LLC


Daily Bitcoin, Ethereum, & Crypto News!


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Episoder(839)

Bitcoin Holds Its Ground While Craig Hunts for Cleaner Trends

Bitcoin Holds Its Ground While Craig Hunts for Cleaner Trends

Bitcoin spent last week consolidating after its huge move higher, and Craig sees the lack of a major snapback as a positive sign. The weekly candle finished essentially flat, even after selling follow...

31 Aug 6min

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

itcoin is back below $78,000 after another failed attempt to establish $80K as support, while ETF inflows finally broke their winning streak and Kevin Warsh's Jackson Hole comments increased expectati...

31 Aug 15min

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

Bitcoin got as high as roughly $81,300 overnight and still couldn't maintain $80K. The battle is getting clearer. ETF demand remains strong, with another $242 million entering U.S. spot Bitcoin ETFs T...

28 Aug 17min

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

Bitcoin finally broke $80K, but it could not hold it. That makes today's price action a rejection, not a confirmed breakout. The good news is that Bitcoin has real demand underneath it: U.S. spot ETFs...

27 Aug 15min

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

Bitcoin keeps bouncing off the $80,000 resistance level, and Matt explains why profit-taking is the biggest obstacle right now. Institutional investors are locking in strong gains, the short squeeze t...

26 Aug 12min

Bitcoin Just Changed the Picture

Bitcoin Just Changed the Picture

Craig says Bitcoin’s 26% weekly move changed the higher-timeframe picture. After weeks of frustrating sideways action, the three-month and six-month charts are now showing structures that have histori...

25 Aug 5min

August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

August 25: Bitcoin Breaks $80K, Gets Rejected, and Now the Real Test Begins

Bitcoin briefly broke above $80,000, reaching roughly $81,100, before profit-taking pushed it back into the upper $70Ks. Matt explains why $80K remains an important psychological resistance level, wit...

25 Aug 14min

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

Bitcoin is pushing against the $80,000 barrier after one of its strongest weeks in months, driven by improving Treasury-market liquidity, nearly $2 billion in Bitcoin ETF inflows, short liquidations, ...

24 Aug 16min

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