Daily Crypto News17 Jan 2024

Jan 17: Bitcoin's Golden Cross, IRS Leniency, Ethereum Upgrade, and Crypto Industry Moves

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-now

https://www.theblock.co/post/273050/ethereum-dencun-goerli-proto-danksharding

https://www.theblock.co/post/273079/ripple-ceo-says-us-ipo-not-a-priority-crypto-hostile-sec

https://blockworks.co/news/tether-urges-un-blockchain-education

https://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!

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(804)

July 16: Tokenization Goes Live on Wall Street

The DTCC processed live production trades involving tokenized stocks, ETFs, and U.S. Treasuries with participation from firms including JPMorgan, Goldman Sachs, BlackRock, and Vanguard. Matt explains ...

16 Juli 15min

July 14: Banks Fight the Clarity Act

Japan continues pushing stablecoins into the mainstream as JCB, the country's largest card network, partners with Circleto explore USDC for cross-border payments and merchant transactions. Matt also c...

14 Juli 7min

Bitcoin Sits on Support While Bears Wait for Confirmation

Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.Craig Cobb returns from a short break to walk ...

13 Juli 7min

July 13: Strategy Builds Cash

Podcast Show Notes SummaryStrategy raised another $466.7 million in cash without buying additional Bitcoin, while SBI Holdings and the Solana Foundation announced a major partnership to build Japan's ...

13 Juli 8min

July 10: Circle Becomes a National Bank

Crypto infrastructure continues expanding even as Bitcoin remains stuck in one of the longest trading ranges in its history. Matt breaks down Circle's approval to launch a federally supervised nationa...

10 Juli 8min

July 9: Quantum Security Moves to the Forefront

Crypto firms continue preparing for the future as BitGo launches quantum-resistant security tools for institutional Bitcoin wallets, while Aave rolls out Stable Vaults to simplify stablecoin yield for...

9 Juli 8min

July 8: Bitcoin Slips as Middle East Tensions Return

Podcast Show Notes SummaryAfter returning from a short camping trip, Matt breaks down another volatile day for crypto as Bitcoin slips following renewed tensions in the Middle East after the collapse ...

8 Juli 10min

Craig Cobb: Bitcoin Is Still Stuck

Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.Craig Cobb explains why he's still sitting lar...

7 Juli 9min