Jan 23: Cryptocurrency Turbulence: Bitcoin's Slide, ETF Successes, Token Exploits, and Digital Currency Debates

Jan 23: Cryptocurrency Turbulence: Bitcoin's Slide, ETF Successes, Token Exploits, and Digital Currency Debates

The cryptocurrency market is facing a period of significant flux, marked by a series of noteworthy events that illustrate the sector's dynamic and often unpredictable nature. Bitcoin's value has dipped below $39,000, continuing a trend of sell-offs that has investors and analysts closely monitoring the market's movements. Despite this downturn, Bitcoin ETFs have seen a substantial influx of $4 billion, highlighting a growing investor appetite for crypto-based financial products, even as interest in other crypto funds appears to be diminishing.


In the gaming and NFT realm, Animoca-backed Gamee has experienced a major exploit of its token contracts, underlining the security challenges facing digital assets and platforms. Politically, former President Donald Trump has reiterated his opposition to Central Bank Digital Currencies (CBDCs), crediting policy guidance to Vivek Ramaswamy, reflecting ongoing debates around the future of digital currency regulation and its implications for financial sovereignty.


Dogecoin has seen a notable pump amid speculation that it could be integrated into Twitter payments, demonstrating the influence of social media and celebrity endorsements on cryptocurrency values. Meanwhile, the Ethereum DeFi ecosystem is exploring gasless trading solutions via the 0x API, aiming to enhance accessibility and efficiency for users. In a more controversial development, the Thanabots Eternal You project is utilizing AI to create digital representations of deceased individuals, sparking discussions on the ethical implications of such technologies.

________


News Links 👇


https://decrypt.co/213849/bitcoin-slides-below-39000-as-selloff-continues


https://decrypt.co/213679/bitcoin-etfs-have-gained-4-billion-but-other-crypto-funds-are-waning


https://www.theblock.co/post/273911/animoca-backed-gamee-confirms-major-exploit-of-token-contracts


https://www.coindesk.com/policy/2024/01/23/trump-reiterates-anti-cbdc-stance-credits-vivek-ramaswamy-for-policy-guidance/


https://decrypt.co/213702/dogecoin-pumps-amid-speculation-over-twitter-payments


https://decrypt.co/213582/ethereum-defi-gasless-trading-0x-api


https://decrypt.co/213802/thanabots-eternal-you-project-december-ai-dead-people


——————————————————————


***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.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(840)

Sept 1: Bond Yields Are Squeezing Bitcoin as Strategy Keeps Buying

Sept 1: Bond Yields Are Squeezing Bitcoin as Strategy Keeps Buying

Bitcoin remains around $77,000 to $78,000 as rising global bond yields become the biggest macro story for crypto. U.S. Treasury yields are approaching 4.8%, energy prices remain elevated, and markets ...

1 Sep 10min

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

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
rss-skravla-gar
pengepodden-2
utbytte
rss-pa-konto
livet-pa-veien-med-jan-erik-larssen
rss-orjasater
lederpodden
tid-er-penger-en-podcast-med-peter-warren
finansredaksjonen
stormkast-med-valebrokk-stordalen
liberal-halvtime
pengesnakk
morgenkaffen-med-finansavisen
okonomiamatorene