Daily Crypto News

Matt Diemer
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May 21, 2024 • 15min

May 21: Spot Ethereum ETH Coming?

News Links 👇https://decrypt.co/231509/microsoft-ai-pc-recall-everything-laptops-tabletshttps://www.coindesk.com/business/2024/05/21/fidelity-drops-staking-plans-in-updated-ether-etf-filing/?_gl=1*91uyqv*_up*MQ..*_ga*MjEyNzY2NDYxNC4xNzE2Mjk1MDE0*_ga_VM3STRYVN8*MTcxNjI5NTAxMy4xLjAuMTcxNjI5NTAxMy4wLjAuMTc0MTM1MTQ2https://protos.com/pink-drainer-steps-back-from-the-grind-after-stealing-75m-from-victims/https://decrypt.co/231587/ethereum-above-3600-etf-approval-hopeshttps://decrypt.co/231563/new-cryptopunks-nft-project-unravels-backlash-woke-artworkhttps://www.coindesk.com/markets/2024/05/21/ether-eth-surges-17-polymarket-approval-chances-rocket-as-etf-makes-regulatory-progress/?_gl=1*coyq5r*_up*MQ..*_ga*MjEyNzY2NDYxNC4xNzE2Mjk1MDE0*_ga_VM3STRYVN8*MTcxNjI5NTAxMy4xLjAuMTcxNjI5NTAxMy4wLjAuMTc0MTM1MTQ2———***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.
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May 20, 2024 • 11min

May 20: Epic birth and fall of Epik Duck, and legal precedents for a new era for crypto

https://substack.com/@dcndailycryptonewsNews Links 👇 https://decrypt.co/231317/epik-duck-from-joke-25-million-solana-meme-coin https://cointelegraph.com/news/bitcoin-bulls-take-charge-as-sol-ar-grt-and-ftm-flash-bullish-signs https://cointelegraph.com/news/tornado-cash-verdict-crypto-industry ———***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.
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May 17, 2024 • 11min

May 17: Staking Expansions and Asia Regional Trends

This week in the cryptocurrency industry, Robinhood's expansion of staking options to European markets, particularly focusing on Solana, indicates a strategic move to engage with the growing interest in staking services abroad and provide users with new investment opportunities. Concurrently, the Ethereum network introduces Blast, a Layer 2 scaling solution, alongside details about its upcoming airdrop, aimed at driving user engagement and improving network performance.Solana's ecosystem sees further development with the introduction of Solayer, a re-staking protocol aimed at optimizing yields and enhancing the efficiency of staking practices on the platform, reflecting ongoing efforts within the Solana community to enhance functionality and user experience. Meanwhile, Chainalysis reports on Eastern and Central & Southern Asia shed light on different patterns and scales of crypto usage, with Eastern Asia maintaining its stronghold in the crypto market, characterized by high adoption rates and significant trading volumes.Today’s News👇https://cointelegraph.com/news/robinhood-solana-staking-european-markets https://decrypt.co/230927/ethereum-layer-2-network-blast-reveals-airdrop-details?amp=1 https://blockworks.co/news/solana-restaking-protocol-solayer https://www.chainalysis.com/blog/eastern-asia-cryptocurrency-adoption/https://www.chainalysis.com/blog/central-southern-asia-cryptocurrency-adoption/Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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 Hosted on Acast. See acast.com/privacy for more information.
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May 16, 2024 • 11min

May 16: Legal Appeals, Market Expansions, and Corporate Developments

Alexey Pertsev, the developer behind the controversial Tornado Cash platform, has appealed his guilty verdict, highlighting ongoing debates surrounding cryptocurrency regulations and privacy. This case continues to draw significant attention as it touches on the broader implications of decentralized finance and government oversight.Meanwhile, the cryptocurrency market is poised for potential shifts as the Chicago Mercantile Exchange (CME) explores launching spot Bitcoin trading, aiming to compete with major crypto exchanges like Binance and Coinbase. This move could significantly impact the landscape of cryptocurrency trading by introducing a traditional financial player into the arena of direct crypto trading.In corporate news, OpenAI is facing a series of executive departures amid concerns over AI safety. These departures could signal challenges within the organization regarding the direction and management of ethical AI development, reflecting wider industry issues about the rapid advancement of AI technologies.Additionally, Oklahoma has enacted a new law that reinforces the right to self-custody Bitcoin, providing a regulatory boost to crypto miners and holders in the state. This law is a significant step towards embracing and formalizing the cryptocurrency sector within state legislations.Lastly, the situation of a Binance executive detained in Nigeria reaches 100 days, underscoring the complex and often precarious interactions between global cryptocurrency operations and local legal systems. This ongoing detention highlights the challenges that arise as global crypto entities navigate varied regulatory environments across different countries. ________https://substack.com/@dcndailycryptonewsNews Links 👇 https://www.coindesk.com/policy/2024/05/16/tornado-cash-developer-alexey-pertsev-appeals-guilty-verdict/https://decrypt.co/230945/open-ai-executive-departures-ai-safetyhttps://decrypt.co/230962/bitcoin-self-custody-right-law-mining-oklahomahttps://www.coindesk.com/markets/2024/05/16/cme-looks-to-take-on-binance-and-coinbase-could-launch-spot-bitcoin-trading-report/?_gl=1*1rwmxa7*_up*MQ..*_ga*ODI2OTIyNDA1LjE3MTU4NjE4MzU.*_ga_VM3STRYVN8*MTcxNTg2MTgzNC4xLjAuMTcxNTg2MTgzNC4wLjAuODgzNjMwMTIzhttps://www.dlnews.com/articles/people-culture/timeline-of-binance-exec-imprisonment-in-nigeria-at-100-days/———***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 Hosted on Acast. See acast.com/privacy for more information.
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May 15, 2024 • 15min

May 15: Our Money is Becoming Worthless

This week in the cryptocurrency sector showcased a mix of market dynamics, meme coin phenomena, and investment product performance. Starting with a breach in security, the Cypher Protocol experienced an insider theft from an exploit redemption contract, highlighting ongoing security challenges within crypto operations. In the meme coin arena, the Roaring Kitty Solana-based token experienced a significant surge, partly influenced by its association with the GameStop trading frenzy, illustrating the continuing influence of social media and retail investors on niche cryptocurrency markets.ETF performance has also been noteworthy; Hong Kong's Bitcoin and Ether ETFs recorded $39 million in outflows, suggesting investor caution or profit-taking following recent market activities. However, broader market sentiments were somewhat positive as Bitcoin saw a 3.5% increase after U.S. consumer price data indicated a slowdown in inflation, which may ease concerns about aggressive monetary tightening. Adding to the enthusiasm in meme coins, Floki Inu also joined the rally, demonstrating the volatile and speculative nature of these assets.Additionally, new financial products are emerging in the Nordic countries, where investors now have the opportunity to invest in a Bitcoin ETP (Exchange Traded Product) that offers a yield, broadening the scope of crypto-based financial instruments available to European investors. These developments reflect the ongoing volatility, innovative expansion, and complex interplay of social dynamics and economic indicators driving the cryptocurrency market.________https://substack.com/@dcndailycryptonewsNews Links 👇https://unchainedcrypto.com/cypher-protocol-insider-steals-from-exploit-redemption-contract/https://decrypt.co/230658/roaring-kitty-solana-meme-coin-skyrockets-gamestophttps://www.coindesk.com/markets/2024/05/13/hong-kong-bitcoin-and-ether-etfs-see-39m-outflows-on-monday-farside-investors/https://decrypt.co/230755/bitcoin-up-3-5-as-us-data-shows-consumer-prices-slowed-their-climb-in-aprilhttps://decrypt.co/230801/floki-inu-roaring-kitty-meme-coin-rallyhttps://decrypt.co/230766/you-can-invest-bitcoin-etp-earn-yield-nordic-countrieshttps://decrypt.co/230773/bitcoin-and-ethereum-steady-ahead-of-u-s-consumer-prices-report———***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 Hosted on Acast. See acast.com/privacy for more information.
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May 15, 2024 • 46min

Weekend Roundup: May 3 - May 9

This week's discourse in the cryptocurrency realm is dominated by concerns over its misuse, regulatory challenges, and technological advancements. U.S. Senator Elizabeth Warren has raised concerns about cryptocurrency mining operations in Iran, asserting that they are being used to evade U.S. and international sanctions and potentially finance groups like Hamas. She advocates for immediate action to curb this threat to national security. This claim aligns with her ongoing scrutiny of the cryptocurrency sector's role in global financial systems.In technological developments, discussions are stirring around potential new narratives in the blockchain space, with speculations on infrastructure, real-world assets, and AI integration across different chains. MicroStrategy's 'Orange' decentralized identity system using Bitcoin has been highlighted, emphasizing efforts to leverage blockchain for enhanced security and identity verification.Regulatory interactions continue to shape the sector's landscape. Robinhood has received a Wells notice from the SEC, indicating potential enforcement actions, while the SEC has delayed its decision on the Invesco Galaxy Spot Ethereum ETF, reflecting ongoing caution in cryptocurrency ETF approvals. On a broader scale, financial services firm Franklin Templeton is exploring opportunities to extend its services to the Arbitrum network, signifying traditional financial institutions' increasing interest in DeFi platforms.These events collectively sketch a complex picture of the cryptocurrency industry, where regulatory, technological, and ethical considerations are deeply intertwined, impacting the trajectory of digital finance innovations and their global regulatory frameworks. Hosted on Acast. See acast.com/privacy for more information.
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May 14, 2024 • 10min

May 14: USDT Tether, the next black swan event?

A comment made by Ripple's CEO on a podcast is getting a lot of attention. The comments seemed to be a jab at Tether, the issuer of the USDT stablecoin. Or maybe there just can’t be any smoke without fire?The proposal for FTX's restructuring, and redemption plan has been submitted. It's a huge plan, 163 pages long, and it doesn't look so promising. Let’s dig some shady details together.A new law is set to be submitted in Türkiye that aims to mitigate the risks associated with cryptocurrency trading and bring it in line with international standards, possibly removing it from the Financial Action Task Force's (FATF) 'gray list'. Is it the beginning of meme stock rally? Gamestop, AMC’s stock has risen 73%, 48% respectively on Monday with one meme on Twitter. We are truly in a strange time. Today’s News👇https://cointelegraph.com/news/us-government-going-after-tether-ripple-ceo-claimshttps://www.dlnews.com/articles/regulation/the-wildest-details-from-the-ftx-bankruptcy-plan/ https://www.dailysabah.com/business/tech/bill-on-crypto-assets-set-to-be-presented-to-turkish-parliament https://www.dlnews.com/articles/markets/gamestop-rises-70-possibly-a-favorable-sign-for-crypto/ https://www.dlnews.com/articles/markets/gamestop-rises-70-possibly-a-favorable-sign-for-crypto/ https://twitter.com/TheRoaringKitty/status/1789807772542067105 Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.
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May 13, 2024 • 14min

May 13: ETF Proposals, Innovative Projects, and Regulatory Actions

This week in the cryptocurrency sector, the focus is on regulatory responses, technological advancements, and significant enforcement actions. A slew of Ethereum ETF applications are currently awaiting SEC approval, reflecting a persistent demand for regulated investment vehicles in the crypto space. This interest in ETFs is part of a broader trend toward mainstream acceptance of digital assets. Meanwhile, Erik Voorhees, the founder of ShapeShift, has unveiled 'Venice AI' and 'Morpheus,' initiatives aimed at enhancing open-source development and interoperability within the blockchain ecosystem, which could lead to more robust and versatile blockchain applications.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/230228/ethereum-etfs-all-applications-awaiting-sec-approvalhttps://decrypt.co/230281/venice-ai-shapeshift-founder-erik-voorhees-morpheus-open-sourcehttps://decrypt.co/230216/lightning-labs-stablecoins-on-bitcoin-blockchain-ceohttps://decrypt.co/230437/sec-filing-hits-back-at-coinbase-power-grab-accusationshttps://www.coindesk.com/markets/2024/05/13/metaplanet-makes-bitcoin-a-reserve-asset-as-japans-debt-mountain-grows/?_gl=1*865sr0*_up*MQ..*_ga*MTcyNzM1MTQ2Mi4xNzE1NjA1Nzc1*_ga_VM3STRYVN8*MTcxNTYwNTc3NC4xLjAuMTcxNTYwNTc3NC4wLjAuMjA1NDA5MTc1NQ..https://www.coindesk.com/policy/2024/05/13/chinese-police-bust-296m-illegal-crypto-based-currency-operation-report/?_gl=1*865sr0*_up*MQ..*_ga*MTcyNzM1MTQ2Mi4xNzE1NjA1Nzc1*_ga_VM3STRYVN8*MTcxNTYwNTc3NC4xLjAuMTcxNTYwNTc3NC4wLjAuMjA1NDA5MTc1NQ..———***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 Hosted on Acast. See acast.com/privacy for more information.
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May 10, 2024 • 12min

May 10: Two faces of Hong Kong

The Ethereum Improvement Proposal EIP 7702 has been released, and it's known to make some improvements to the previous account abstraction. Let’s go through a breakdown with us. Next, Avitrum surpassed $150 billion in transaction volume on Uniswap. Is this good news for Avitrum? Investment firm Vaneck has created a meme coin index using six different meme coins, and while it's just for fun, it's worth trying out as an actual investment strategy. Coincheck, a popular Japanese cryptocurrency exchange, will be listed on the NASDAQ in the US this year. Is Hong Kong still Asia's crypto hub? A candid look at the city of two faces. Today’s News👇https://www.theblock.co/post/293074/vitalik-buterin-proposes-eip-7702-aiming-to-refine-account-abstraction-on-ethereum https://twitter.com/decentrek/status/1788188707595403554?s=42&t=nORNeuiL34hfHo9eabAwZw https://www.theblock.co/post/292655/arbitrum-surpasses-150-billion-in-total-transaction-volume-on-uniswap https://news.bitcoin.com/vaneck-introduces-meme-coin-tracking-with-memecoin-index/ https://www.coindesk.com/business/2024/05/08/japanese-crypto-exchange-coincheck-sees-nasdaq-listing-completion-in-second-third-quarters/ https://www.dlnews.com/articles/people-culture/closed-otc-crypto-shops-defy-bitcoin-etf-hype-in-hong-kong/ Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.
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May 9, 2024 • 13min

May 9: The SEC is Unhinged

This week's developments in the cryptocurrency and artificial intelligence arenas highlight a series of engagements, controversies, and innovative uses impacting the sectors. Robinhood has proactively met with the SEC 16 times in a bid to foster transparency and compliance, as stated by their CEO. These meetings underline the complexities of navigating financial regulations for crypto-related services. In contrast, Binance faced criticism for dismissing an investigator who allegedly uncovered market manipulation by one of its clients, DWF Labs, which raises concerns about the integrity and oversight within cryptocurrency markets.On a more cultural note, AI has dramatically influenced the music industry by intensifying the rap feud between Drake and Kendrick Lamar, showcasing AI's growing role in creative content generation and its impact on the entertainment industry. Politically, former President Trump has reiterated his support for cryptocurrency at an NFT event, linking crypto advocacy to his political campaign and influencing meme coin markets. His explicit endorsement and subsequent appearance at a crypto event led to a surge in Trump and Biden-themed meme coin prices, indicating how political figures can sway market dynamics significantly. These events collectively paint a vivid picture of how technology, politics, and market governance are increasingly intertwined, influencing public perception and investment behaviors in the digital age.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/230035/robinhood-met-with-sec-16-times-in-good-faith-ceohttps://www.coindesk.com/business/2024/05/09/binance-fired-investigator-who-uncovered-market-manipulation-at-client-dwf-labs-wsj/https://decrypt.co/229948/how-ai-supercharged-drake-kendrick-lamar-rap-beefhttps://decrypt.co/230023/trump-supports-crypto-at-nft-event-boden-meme-coinhttps://www.cryptoglobe.com/latest/2024/05/if-youre-in-favor-of-crypto-youd-better-vote-for-trump-says-the-former-u-s-president/https://decrypt.co/230029/trump-biden-meme-coin-prices-surge-after-ex-presidents-meeting-with-nft-holders———***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 Hosted on Acast. See acast.com/privacy for more information.

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