May 8: GOP or Dems Better for Crypto?

May 8: GOP or Dems Better for Crypto?

A significant development for former FTX users is that 98% of the creditors are set to receive about 118% of their claims, marking a notable step towards resolving the fallout from the FTX collapse. This payout is critical for restoring trust in the crypto exchange ecosystem. Meanwhile, the Japanese crypto exchange Coincheck has successfully completed its listing on Nasdaq, a move that highlights the growing integration of cryptocurrency businesses within mainstream financial markets and potentially opens up new avenues for investor engagement.


In other news, the privacy-focused Monero exchange, LocalMonero, is winding down its operations, signaling the challenges facing platforms that emphasize anonymity, especially amidst increasing regulatory scrutiny. In the realm of political betting, odds on platforms like Polymarket are showing an interesting shift with Michelle Obama and RFK Jr. emerging as significant figures in the presidential race speculation, reflecting public interest in diverse political outcomes and their potential impact on markets including cryptocurrencies. Additionally, a resolution in the U.S. House could affect how crypto custodians are regulated, pointing to ongoing legislative efforts to define and stabilize the crypto custody sector. Lastly, a report by Standard Chartered speculates that a Trump victory over Biden could be favorable for Bitcoin, indicating how presidential elections might influence cryptocurrency valuations. These varied events underscore the interplay between regulatory actions, market developments, and political landscapes in shaping the dynamics of the cryptocurrency markets.


________


https://substack.com/@dcndailycryptonews


News Links 👇


https://unchainedcrypto.com/98-of-ftx-creditors-to-receive-118-claims-payout/


https://www.coindesk.com/business/2024/05/08/japanese-crypto-exchange-coincheck-sees-nasdaq-listing-completion-in-second-third-quarters/


https://decrypt.co/229844/monero-exchange-localmonero-is-winding-down-its-operations


https://decrypt.co/229803/michelle-obama-rfk-jr-presidential-win-odds-polymarket


https://decrypt.co/229786/us-house-resolution-sec-bank-bulletin-crypto-custodians


https://decrypt.co/229761/trump-defeating-biden-good-bitcoin-standard-chartered


———


***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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Episoder(686)

BlackRock's BTC ETF 101: The Future of Crypto Investing

BlackRock's BTC ETF 101: The Future of Crypto Investing

In this captivating episode, we dive into the exciting world of cryptocurrency investing as we explore BlackRock's BTC ETF. Join us as we unravel the implications and potential impact of BlackRock's entry into the Bitcoin exchange-traded fund (ETF) space. Discover how this development could revolutionize the way investors approach cryptocurrency, opening new avenues for participation and paving the way for broader adoption. Tune in to gain valuable insights and stay ahead of the curve in the ever-evolving landscape of digital assets. Don't miss out on this intriguing discussion about the future of crypto investing with BlackRock's BTC ETF.Make sure to subscribe to our podcast to stay up-to-date with the latest news and trends in the world of Web 3.#TodayInWeb3 #BlackRock #BTCETF #Blockchain #Decentralization #DigitalFinance Hosted on Acast. See acast.com/privacy for more information.

23 Jun 202313min

SEC Lawsuits Destroying US Crypto

SEC Lawsuits Destroying US Crypto

This week has been stressful. What is the future of Web 3 and digital assets in the USA? Hosted on Acast. See acast.com/privacy for more information.

9 Jun 202314min

Senator Elizabeth Warren’s Digital Asset Anti Money Laundering Act

Senator Elizabeth Warren’s Digital Asset Anti Money Laundering Act

Today in Daily Web 3 News: We are going over the top news for Wednesday, May 31st. Hosted on Acast. See acast.com/privacy for more information.

2 Jun 202313min

BTC ATM Smash & Grab, ByBit Leaving Canada, USA Missing Opportunities

BTC ATM Smash & Grab, ByBit Leaving Canada, USA Missing Opportunities

Today in Daily Web 3 News: We are going over the top news for Tuesday, May 30th. Hosted on Acast. See acast.com/privacy for more information.

2 Jun 20237min

Don't Use Crypto in Bali, No Mining Tax, Most Reputable Companies

Don't Use Crypto in Bali, No Mining Tax, Most Reputable Companies

Today in Daily Web 3 News: We are going over the top news for Monday, May 29th. Hosted on Acast. See acast.com/privacy for more information.

2 Jun 20237min

Multichain Team Arrested in Shanghai

Multichain Team Arrested in Shanghai

For May 25-26, Multichain bridge loses $1.5B from being taking by Chinese authorities. Brazil is rolling out tests of their CBDC with partner like VISA and Microsoft. Gemini moves to Ireland. Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20238min

DeSantis Says Biden 2024 Will End Bitcoin

DeSantis Says Biden 2024 Will End Bitcoin

May 24th, DeSantis launched his presidential campaign on twitter where he made sure to note that he is anti-CBDC and that Biden is anti crypto. Trevor was hacked and now millions of devises are vulnerable. Shaq finally got served. #trezor #desantis #biden #crypto #bitcoin Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20238min

Ledger Pauses Recovery Product Launch

Ledger Pauses Recovery Product Launch

On Tuesday May 23rd, Ledger Wallet pulls their plans for launching heir recovery product. Hong Kong my be used as a ginny pig for China while canceling Uncle Rodger, and Solana integrates Chat GPT. #uncleroger #censorship #bitcoin #biden Hosted on Acast. See acast.com/privacy for more information.

26 Mai 20236min

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