Sept 30: Bithumb, Japan, & Zhao’s Next Moves

This week in the world of cryptocurrency and blockchain, BlackRock's Bitcoin ETF has achieved a remarkable milestone, hitting $1 billion in assets under management (AUM) in just one week, underscoring the growing institutional interest in digital assets. The Bitcoin network faces a significant shift as its hash rate tumbles with the approaching halving event, a critical moment that typically influences the currency's value and mining dynamics.In the political arena, former President Donald Trump has vowed to oppose any U.S. Central Bank Digital Currency (CBDC) if reelected, signaling the ongoing debate around digital currency policy in the political sphere. Ripple's CEO has expressed reluctance towards a U.S. IPO, citing the current crypto-hostile environment fostered by the SEC.The European Union has provisionally agreed on tougher anti-money laundering (AML) rules for crypto firms, marking a significant step in regulatory efforts. The crypto community is intrigued by Celestia (TIA), a coin created by a former CIA hacker, which has seen an 800% spike in three months. Lastly, Microsoft CEO praised the Rabbit R1 AI gadget, comparing its impressive demo to Steve Jobs' iconic iPhone unveiling, indicating the growing influence of AI in technology innovation.________News Links 👇https://www.coindesk.com/markets/2024/01/18/blackrocks-bitcoin-etf-hits-1b-aum-in-one-week/https://decrypt.co/213274/bitcoin-hash-rate-tumbles-halving-approacheshttps://decrypt.co/213243/2-billion-dormant-bitcoin-moved-whyhttps://decrypt.co/213281/franklin-templeton-layer-one-ethereum-solana-after-bitcoinhttps://decrypt.co/213324/trump-vows-to-never-allow-u-s-cbdc-if-reelectedhttps://www.theblock.co/post/273079/ripple-ceo-says-us-ipo-not-a-priority-crypto-hostile-sechttps://decrypt.co/213327/eu-provisionally-agrees-tougher-aml-rules-for-crypto-firmshttps://decrypt.co/213312/what-is-celestia-tia-the-coin-created-by-a-cia-hacker-spiked-800-in-3-monthshttps://decrypt.co/213244/microsoft-ceo-rabbit-r1-ai-gadget-was-most-impressive-demo-since-steve-jobs-iphone-unveiling——————————————————————***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.

18 Jan 202414min

In a week of significant developments in the cryptocurrency world, Bitcoin has marked a new milestone by experiencing its first-ever weekly 'Golden Cross', a bullish technical indicator that could potentially signal a long-term upward trend. As the market digests the implications of the recently approved Bitcoin ETF, there are discussions about an emerging power struggle within the Bitcoin community and its impact on the cryptocurrency's future.In regulatory news, the IRS has announced that it will not enforce the controversial $10,000 crypto transaction reporting rule for now, providing some relief to crypto users and investors. Ethereum is gearing up for a major upgrade with the introduction of 'Dencun Goerli' proto-danksharding, a move expected to significantly enhance its network's scalability and efficiency.Ripple's CEO has stated that a U.S. IPO is not currently a priority, citing a hostile regulatory environment led by the SEC. Meanwhile, Tether is advocating for blockchain education at the United Nations, emphasizing the importance of global awareness and understanding of this technology.In gaming and NFT news, 'Dookey Dash' is getting a free-play reboot, offering token rewards to NFT owners, a development that highlights the increasing integration of blockchain technology in the gaming industry.________News Links 👇https://www.coindesk.com/markets/2024/01/17/bitcoin-sees-its-first-ever-weekly-golden-cross/?_gl=1*1a81p9t*_up*MQ..*_ga*MTE0ODA2OTgxMS4xNzA1NTAxNjY3*_ga_VM3STRYVN8*MTcwNTUwMTY2Ny4xLjAuMTcwNTUwMTY2Ny4wLjAuMA..https://www.coindesk.com/consensus-magazine/2024/01/16/after-the-etf-bitcoins-coming-power-struggle/?_gl=1*1a81p9t*_up*MQ..*_ga*MTE0ODA2OTgxMS4xNzA1NTAxNjY3*_ga_VM3STRYVN8*MTcwNTUwMTY2Ny4xLjAuMTcwNTUwMTY2Ny4wLjAuMA..https://decrypt.co/213112/irs-says-wont-enforce-10k-crypto-tax-rule-nowhttps://www.theblock.co/post/273050/ethereum-dencun-goerli-proto-dankshardinghttps://www.theblock.co/post/273079/ripple-ceo-says-us-ipo-not-a-priority-crypto-hostile-sechttps://blockworks.co/news/tether-urges-un-blockchain-educationhttps://decrypt.co/213052/dookey-dash-gets-free-play-reboot-token-rewards-nft-owners——————————————————————***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.

17 Jan 20249min

The cryptocurrency world is witnessing a blend of political, business, and technological developments. In a significant political move, Vivek Ramaswamy, a U.S. presidential candidate known for his crypto-friendly stance, has suspended his campaign, marking a notable moment in the intersection of politics and digital currencies. On the business front, Hashkey has emerged as a new crypto unicorn, closing a substantial $100 million fundraising round, signaling investor confidence and growth potential in the digital asset space.Solana Mobile is making technological strides by planning to sell its second crypto smartphone, an indication of the growing convergence of mobile technology and cryptocurrency. Binance is expanding its global footprint by opening a new crypto exchange in Thailand, further extending its reach in the Southeast Asian market. OKX, a major crypto exchange, has secured a Virtual Asset Service Provider (VASP) license in Dubai, demonstrating the region's increasing openness to digital asset services.In the realm of innovation, the CES 2024 event showcased Mercedes-Benz's foray into the NFT space with a preview of its in-car NFT gallery and an emotional AI assistant. This development highlights the ongoing integration of NFTs and AI technology in mainstream industries, especially in the automotive sector.________News Links 👇https://www.coindesk.com/policy/2024/01/16/vivek-ramaswamy-crypto-friendly-us-presidential-candidate-suspends-campaign/?_gl=1*ztaasj*_up*MQ..*_ga*MTk1ODc5Njc0NS4xNzA1NDExNzQw*_ga_VM3STRYVN8*MTcwNTQxMTc0MC4xLjAuMTcwNTQxMTc0MC4wLjAuMA..https://www.coindesk.com/business/2024/01/16/hashkey-becomes-crypto-unicorn-after-closing-100m-raise/https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/https://www.coindesk.com/business/2024/01/16/binance-thailand-crypto-exchange-open-for-trading/https://www.theblock.co/post/272779/okx-vasp-dubaihttps://decrypt.co/212831/ces-2024-mercedes-benz-previews-in-car-nft-gallery-emotional-ai-assistant——————————————————————***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.

16 Jan 202410min

The emergence of Central Bank Digital Currencies (CBDCs) is raising critical questions about the future of decentralized cryptocurrencies like Bitcoin. A recent article in Bitcoin Magazine delves into the potential implications of CBDCs on the broader digital currency landscape. One of the most pressing concerns is whether the rise of state-backed digital currencies could lead to the outlawing of Bitcoin and similar decentralized assets. This scenario hinges on various factors, including regulatory approaches, the public's adoption of CBDCs, and the perceived threat of decentralized currencies to traditional financial systems. The debate around CBDCs and Bitcoin represents a larger conversation about the role of state control versus decentralization in the financial sector, with significant implications for the future of digital currencies.________News Links 👇https://bitcoinmagazine.com/culture/under-cbdcs-bitcoin-is-outlawed——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

15 Jan 202411min

The Asian cryptocurrency landscape is undergoing significant regulatory and market changes. South Korea is tightening its grip on crypto transactions by seeking a ban on cryptocurrency purchases with credit cards and introducing new regulations for virtual asset distribution and listing. This move indicates a cautious approach by the government towards integrating digital currencies into the mainstream financial system. Meanwhile, Japan's e-commerce giant Mercari is reportedly planning to accept Bitcoin payments, reflecting a growing acceptance of cryptocurrencies in the region's retail sector.In other news, Hong Kong is preparing to launch the first spot crypto ETFs in Asia, marking a major milestone for the region and potentially setting a precedent for other Asian markets. However, this progress in the ETF arena is not without its critics, as U.S. Senator Elizabeth Warren has expressed concerns, questioning the SEC's decision on Bitcoin ETFs.Despite the regulatory debates, the first Bitcoin ETF has seen a staggering $4 billion in trading on its opening day, underscoring the immense investor interest and market potential for such products. In a significant endorsement, BlackRock CEO Larry Fink has shown support for an Ether ETF, further validating the growing interest in diversified cryptocurrency investment vehicles.________News Links 👇https://www.hani.co.kr/arti/economy/finance/1123920.html https://www.coindesk.com/policy/2024/01/04/south-korea-regulator-seeks-ban-on-crypto-purchases-with-credit-cards/https://coingape.com/south-korea-to-introduce-virtual-assets-distribution-listing-regulation/https://www.theblock.co/post/270798/japans-e-commerce-giant-mercari-plans-to-accept-btc-payments-reporthttps://www.caixinglobal.com/2024-01-11/hong-kong-prepares-to-launch-first-spot-crypto-etfs-in-asia-102155185.html https://blockworks.co/news/sec-wrong-bitcoin-etf-elizabeth-warrenhttps://decrypt.co/212570/bitcoin-etf-4-billion-day-one-tradinghttps://www.coindesk.com/markets/2024/01/12/blackrock-ceo-larry-fink-backs-ether-etf/——————————————————————***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.

12 Jan 202415min

The cryptocurrency market has reached a pivotal moment with the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin exchange-traded fund (ETF), a long-awaited development in the crypto world. This historic approval has had an immediate impact on the market, with Bitcoin experiencing a dip and then a bounce back, while Ethereum surged past $2,500, signaling a wave of investor reactions and market recalibrations.Grayscale Investments has claimed a significant victory in this new ETF landscape, boasting the first spot Bitcoin ETF to be traded. This accomplishment not only represents a win for Grayscale but also marks a major step forward for the broader cryptocurrency market, offering investors a more regulated and mainstream avenue for Bitcoin exposure. The SEC's approval and Grayscale's subsequent success are expected to pave the way for more institutional investment and possibly usher in a new era of crypto-financial products.________News Links 👇https://decrypt.co/210763/bitcoin-etf-approved-sechttps://decrypt.co/212368/bitcoin-dips-then-bounces-after-etf-approval-while-ethereum-tops-2500https://www.coindesk.com/markets/2024/01/11/grayscale-claims-bragging-rights-for-first-spot-bitcoin-etf-to-trade/?_gl=1*76ed0*_up*MQ..*_ga*MTg5MzY0ODc5NC4xNzA0OTczMDM0*_ga_VM3STRYVN8*MTcwNDk3MzAzMy4xLjAuMTcwNDk3MzAzMy4wLjAuMA..——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

11 Jan 202413min

Bitcoin ETF APPROVED________________News Links 👇https://x.com/JSeyff/status/1745187087752572986?s=20——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

10 Jan 20242min

The cryptocurrency community is in a stir following a security breach at the U.S. Securities and Exchange Commission (SEC), where its Twitter account was compromised, leading to the posting of a fake Bitcoin ETF approval tweet. This incident, exacerbated by the lack of two-factor authentication (2FA) on the SEC's account, has raised significant concerns about digital security. The SEC and Twitter are jointly investigating the breach, while U.S. senators are demanding a thorough explanation for the misleading tweet.In a proactive response, Coinbase executives have offered their expertise to help the SEC improve its security measures, showcasing the collaborative potential between regulatory bodies and crypto companies. Additionally, this incident has inspired creativity, with the fake SEC and Gensler tweets being permanently inscribed into Bitcoin ordinals, demonstrating the immutable nature of blockchain technology.Meanwhile, in the investment world, major players like BlackRock, ARK, and 21Shares are aggressively cutting fees for their Bitcoin ETFs. This move marks an intensifying competition in the burgeoning ETF market, as firms vie for the attention and trust of potential investors in the volatile but lucrative cryptocurrency space.________News Links 👇Lil Bubble https://www.youtube.com/watch?v=xfwpAhlVALQhttps://decrypt.co/212251/twitter-safety-compromised-sec-account-posted-fake-bitcoin-etf-tweet-didnt-enable-2fahttps://decrypt.co/212245/sec-twitter-investigate-fake-bitcoin-etf-tweethttps://decrypt.co/212226/fake-sec-gensler-tweet-inscribed-bitcoin-ordinalshttps://www.theblock.co/post/271478/coinbase-executives-offer-to-help-the-sec-with-its-security-practiceshttps://decrypt.co/212263/u-s-senators-demand-explanation-for-secs-fake-bitcoin-etf-approval-tweethttps://www.coindesk.com/markets/2024/01/10/blackrock-ark-21shares-cut-bitcoin-etf-fees/——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

10 Jan 20249min