Daily Crypto News

https://www.litprotocol.com***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.

Bitcoin Approaches All-Time High: Bitcoin's price has soared to $65,000, now just 6 percent away from its all-time high, signaling robust market confidence and investor interest. This surge underscores the growing mainstream acceptance and bullish sentiment surrounding the leading cryptocurrency.Record Inflows into Bitcoin ETFs: Bitcoin ETFs have experienced their second-best week in terms of inflows, indicating increased institutional and retail investment in cryptocurrency. This trend reflects a broader appetite for regulated and accessible avenues to participate in the crypto market.Short Sellers Face Losses: Cryptocurrency short sellers are reportedly incurring significant losses due to the current market upswing. This dynamic highlights the volatility and speculative nature of the crypto markets, where swift price movements can lead to rapid gains or losses.Marathon Mines Record Bitcoin Block: Marathon has mined the largest Bitcoin block on record, a notable achievement in the cryptocurrency mining industry. This event demonstrates the ongoing advancements and the competitive landscape within Bitcoin mining operations.Hong Kong Regulator Warns Against BitForex: The markets regulator in Hong Kong has issued a warning against the crypto exchange BitForex, advising investors to exercise caution. This warning highlights the ongoing regulatory scrutiny and concerns regarding the operation and transparency of cryptocurrency exchanges.________News Links 👇https://decrypt.co/220030/bitcoin-65000-now-6-percent-away-from-athhttps://blockworks.co/news/bitcoin-etf-second-best-inflowshttps://blockworks.co/news/crypto-short-sellers-losing-per-minutehttps://unchainedcrypto.com/marathon-mines-largest-bitcoin-block-on-record/https://decrypt.co/220044/pepe-dogecoin-bonk-meme-coin-gainshttps://www.coindesk.com/policy/2024/03/04/hong-kongs-markets-regulator-issues-warning-against-crypto-exchange-bitforex/https://en.bitcoinsistemi.com/watch-out-there-are-numerous-economic-developments-and-altcoin-events-in-the-coming-week-here-is-the-list-day-by-day-hour-by-hour/——————————————————————***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.

Hong Kong's Crypto Exchange Licensing Dynamics: HTX initially withdrew its application for a crypto exchange license in Hong Kong but quickly reentered the race, reflecting the volatile nature of the regulatory and business environment in the region. This move underscores the challenges and uncertainties faced by crypto businesses seeking to operate within Hong Kong's evolving regulatory framework, which aims to position the city as a Web3 hub. However, these ambitions are reportedly under threat due to the shifting regulatory landscape, affecting the city's appeal to blockchain and crypto enterprises.South Korea's ETF Developments: South Korea appears to be backtracking on its previously positive stance towards a spot Bitcoin ETF, indicating a cautious or reconsidered approach to cryptocurrency investment products. This change reflects the broader regulatory and market uncertainties influencing crypto-related decisions in the country.Digital Yuan's Growing Adoption: China continues to expand the adoption and integration of the digital yuan, navigating through payments and regulatory challenges. The development and implementation of this central bank digital currency (CBDC) are closely watched as it could set precedents for global CBDC initiatives and influence the broader landscape of digital payments and currency regulation.APAC's Diverse Crypto Regulations: An overview of how ten Asia-Pacific (APAC) markets are approaching crypto regulation reveals a diverse array of strategies, from strict oversight to more open and encouraging frameworks. This diversity highlights the complex patchwork of regulatory attitudes towards cryptocurrencies across the region, affecting everything from innovation and investment to consumer protection.________News Links 👇https://www.coindesk.com/policy/2024/02/27/htx-withdraws-hong-kong-crypto-exchange-application/https://cryptoslate.com/htx-reenters-race-for-hong-kong-crypto-license-days-after-withdrawing-initial-bid/https://www.dlnews.com/articles/regulation/hong-kong-dreams-to-be-web3-hub-threatened/ https://cointelegraph.com/news/south-korea-backtracks-spot-bitcoin-etfhttps://cointelegraph.com/magazine/digital-yuan-adoption-payments-regulation/https://fintechnews.sg/84413/crypto/heres-how-10-apac-markets-are-approaching-crypto-regulation/——————————————————————***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.

Surge in Crypto Romance Scams: The phenomenon known as "pig butchering" – a type of crypto romance scam – has seen an alarming increase, with incidents up 85 times since 2020. This surge underscores the growing sophistication of online scams and highlights the need for increased awareness and protective measures within the crypto community.Bitcoin MVRV and Realized Cap Insights: Analysis of Bitcoin's Market Value to Realized Value (MVRV) ratio and realized cap metrics suggests that investors are holding onto their assets for longer periods, indicating a belief in Bitcoin's long-term value despite current market fluctuations. This trend provides a deeper understanding of investor sentiment and market health.Bitcoin Market Volatility: Recent extreme price volatility in the Bitcoin market has resulted in $640 million in liquidations, affecting both long and short positions. This event reflects the inherent risks and unpredictability in cryptocurrency trading, emphasizing the need for caution and risk management among investors.Gemini's Settlement with New York: The cryptocurrency exchange Gemini has agreed to return $1 billion to its Earn program customers and pay a $37 million fine to New York regulators. This settlement marks a significant regulatory action, addressing concerns over consumer protection and compliance practices within the crypto industry.El Salvador's Bitcoin Investment: Despite market challenges, El Salvador has reported a 40% profit on its Bitcoin investment, with President Nayib Bukele remaining defiant in his pro-Bitcoin stance. This development highlights the potential rewards and risks associated with national-level cryptocurrency investments and their impact on economic strategies.________News Links 👇https://decrypt.co/219668/pig-butchering-crypto-romance-scams-up-85-times-since-2020https://decrypt.co/219561/bitcoin-mvrv-realized-cap-metric-more-higher-investorshttps://decrypt.co/219528/bitcoin-bloodbath-price-volatility-leads-640-million-liquidationshttps://decrypt.co/219610/gemini-return-1-billion-to-earn-customers-pay-37-million-fine-new-yorkhttps://decrypt.co/219525/el-salvador-bitcoin-40-percent-profit-nayib-bukele-defiant——————————————————————***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.

Welcome to Project 101 - Blueberry Protocol edition! This time, Sarah talks to Slater Heil, the co-founder of Blueberry Protocol and the pioneering scene of DeFi prime brokerage.Blueberry is DeFi's prime brokerage, up to 20x spot leverage for anything on Ethereum.https://www.blueberry.garden/ https://twitter.com/blueberryFDN Project 101 is brought to you by Daily Crypto News. Project 101 is to showcase a promising and interesting project in DCN’s eyes. With snappy questions and quick but unique insight, you won’t miss anything about projects.——————————————————————***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.

Apple's Project Titan Reportedly Shelved: Apple has reportedly put an end to its ambitious autonomous vehicle project, Titan, as CEO Tim Cook redirects focus towards artificial intelligence. This strategic shift underscores the tech giant's adaptation to the evolving tech landscape, prioritizing AI as a key area for future development and innovation.Binance's Untraceable Transactions in Nigeria: The Central Bank of Nigeria's chief has highlighted that Binance moved $2.6 billion worth of funds in 2023 that could not be traced. This revelation points to the ongoing challenges and scrutiny faced by cryptocurrency exchanges regarding financial transparency and regulatory compliance.Telegram's Innovative Ad Revenue Sharing: Telegram has introduced an ad revenue sharing model that promises a 50/50 split with creators, utilizing only Toncoin as the transaction medium. This move, operational in nearly 100 countries, represents a significant step in social media platforms exploring blockchain technology for monetization strategies.VanEck's Foray into NFT Marketplace: Investment firm VanEck has launched Segmint, an NFT marketplace, marking its entry into the digital collectibles space. This development reflects the growing interest of traditional financial institutions in NFTs and blockchain technology as avenues for investment and engagement.Sam Bankman-Fried's Legal Defense: The new lawyer for FTX founder Sam Bankman-Fried has criticized the potential 100-year sentence as "grotesque," advocating for leniency. This legal battle highlights the complex issues surrounding accountability and sentencing in high-profile cryptocurrency fraud cases.________News Links 👇https://decrypt.co/219311/apple-car-project-titan-killed-as-tim-cook-leans-into-ai-reporthttps://www.coindesk.com/policy/2024/02/28/binance-nigeria-moved-26b-worth-of-untraceable-funds-in-2023-central-bank-chief-says-reports/https://www.theblock.co/post/279566/telegram-introduces-ad-revenue-sharing-with-5050-split-using-only-toncoin-in-nearly-100-countrieshttps://www.theblock.co/post/279539/vaneck-launches-nft-marketplace-segminthttps://decrypt.co/219395/sam-bankman-frieds-new-lawyer-calls-100-year-sentence-grotesque-argue-for-leniency-in-memohttps://decrypt.co/219329/trevor-noah-missing-out-bitcoin-biggest-mistake-web-summit-qatar——————————————————————***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.

Bitcoin's Price Surge and Short Liquidations: Bitcoin has maintained a strong position at $56,000, leading to a significant liquidation of short positions, which reached $280 million. This surge reflects a bullish sentiment in the market, punishing bearish bets and indicating robust investor confidence in the cryptocurrency's value.BlackRock's Bitcoin ETF Achieves Record Trading Volume: BlackRock's Bitcoin ETF has hit a record in trading volume, underscoring the growing interest and mainstream acceptance of Bitcoin as a viable investment asset. This milestone highlights the increasing demand for Bitcoin-related financial products among institutional and retail investors.Spike in Bitcoin Funding Rates: Bitcoin funding rates have jumped to 100%, presenting unique opportunities and risks for traders. This spike is indicative of the current market leverage and can signal both bullish sentiment and potential volatility, offering savvy traders the chance to capitalize on market dynamics.HTX's Regulatory Setback in Hong Kong: HTX has withdrawn its license application in Hong Kong, reflecting the challenges and strategic reconsiderations faced by crypto firms in navigating the regulatory environments of different jurisdictions. This decision underscores the complexities of global crypto regulations and the impact on business operations.________News Links 👇https://decrypt.co/219165/bitcoin-holds-56k-liquidated-shorts-reach-280-millionhttps://decrypt.co/219071/blackrock-bitcoin-etf-record-trading-volumehttps://www.coindesk.com/markets/2024/02/27/bitcoin-funding-rates-jump-to-100-sparking-opportunity-for-savvy-traders/https://www.theblock.co/post/279250/htx-withdraws-license-application-in-hong-kong——————————————————————***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.

South Korea's Crypto Conversations with Gary Gensler: South Korea has engaged in discussions with SEC Chairman Gary Gensler, focusing on the integration of NFTs and the potential for a crypto ETF. This dialogue indicates a growing international interest in establishing regulatory frameworks that could accommodate the evolving landscape of digital assets, including the burgeoning NFT market.BitForex's Mysterious Outflow and Site Downtime: The cryptocurrency exchange BitForex has experienced significant operational disruptions following a reported $57 million outflow. This event has raised concerns within the crypto community regarding the security and reliability of crypto exchanges, highlighting the ongoing challenges faced by platforms in maintaining user trust and safeguarding assets.Playing Super Nintendo with Bitcoin: An innovative approach allows gamers to play Super Nintendo classic games using Bitcoin, blending nostalgia with modern cryptocurrency technology. This unique integration demonstrates the versatile applications of Bitcoin beyond traditional financial transactions, tapping into the vast gaming community.Historical Analysis of Bitcoin's Market Cycles: A detailed review from Altcoin Investor presents an overview of Bitcoin's bull and bear market history, offering insights into the cryptocurrency's price fluctuations and market dynamics over the years. Understanding these patterns can provide valuable context for investors and enthusiasts looking to navigate the volatile crypto market.________News Links 👇https://www.theblock.co/post/279049/south-korea-gary-gensler-nft-crypto-etf-discussionhttps://www.coindesk.com/business/2024/02/26/bitforex-website-goes-dark-amid-reported-57m-outflow/https://decrypt.co/212729/you-can-play-super-nintendo-classic-games-bitcoin-heres-howhttps://altcoininvestor.com/history-of-bitcoin-bull-bear-market/——————————————————————***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.

China's Crypto Resurgence in the Year of the Dragon: 2024 has been marked as a potential year of resurgence for cryptocurrency activities in China, following previous restrictions. This change hints at a more favorable environment for digital assets in one of the world's largest markets, aligning with cultural and economic shifts in the Year of the Dragon.Japan's Progressive Crypto Policies: Japan has taken a significant step forward in crypto policy, aiming to foster a more conducive environment for digital asset innovation and investment. This move is accompanied by discussions around GameFi and its market liquidity, indicating a nuanced approach to integrating gaming finance with regulatory frameworks.South Korea's ETF and Custody Advances: South Korea's ruling party is reportedly considering the introduction of a spot Bitcoin ETF, signaling a shift towards mainstream cryptocurrency adoption. Furthermore, the country's top crypto custodian has seen its deposits tripled, reflecting growing investor trust and market expansion.Trump's Bitcoin Stance: Former President Donald Trump has articulated his stance on Bitcoin, contributing to the ongoing debate about the role and recognition of digital currencies in the U.S. political and economic landscape.News Links 👇https://decrypt.co/217920/china-crypto-year-of-the-dragon https://blockworks.co/news/japan-crypto-policy-step-forward https://cointelegraph.com/news/japan-gamefi-low-liquidity-lawmakerhttps://www.theblock.co/post/277996/south-koreas-ruling-party-spot-bitcoin-etf https://www.theblock.co/post/278535/south-korea-top-crypto-custodian-saw-deposits-tripledhttps://decrypt.co/218739/trump-bitcoin-stancehttps://decrypt.co/218707/3-billion-bitcoin-options-expire-todayhttps://decrypt.co/218666/block-cash-app-square-bitcoin-earnings-growthhttps://decrypt.co/218602/reddit-files-go-public-invested-bitcoin-ethereumhttps://decrypt.co/218565/coinbase-accessible-nigeria-crypto-ban——————————————————————***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.

Layer Two Labs Initiative: While specific details from the link are not provided directly, Layer Two Labs is presumably involved in the development and enhancement of blockchain technologies, particularly focusing on "Layer 2" solutions aimed at scaling and improving efficiency beyond the base layer (Layer 1) of blockchains like Bitcoin and Ethereum. This focus is crucial for addressing issues such as transaction speed, costs, and network congestion.Bitcoin's Inflation-Adjusted High: Analysis from Decrypt highlights that, when adjusted for inflation, Bitcoin's price could be considered at an all-time high. This perspective offers a nuanced view of Bitcoin's value, considering the global inflationary context, and positions Bitcoin as a potential inflation hedge, challenging conventional market assessments based on nominal prices alone.ECB Advisors on Bitcoin's Value: Advisors to the European Central Bank (ECB) have issued a stark assessment, suggesting that Bitcoin has failed as a currency and its fair value might be zero. This viewpoint reflects ongoing skepticism from some traditional financial sectors regarding the intrinsic value and utility of Bitcoin, underscoring the divide between digital asset proponents and traditional financial institutions.England's Crypto Property Legislation: The Law Commission in England is moving forward with consultations to potentially classify cryptocurrencies as property. This legal development is significant as it would provide a solid foundation for the ownership, transfer, and litigation of digital assets, aligning them more closely with traditional property rights and potentially enhancing their legal clarity and market confidence.________News Links 👇Austin Alexander: https://layertwolabs.comhttps://decrypt.co/218301/bitcoin-inflation-real-price-all-time-highhttps://www.theblock.co/post/278546/bitcoin-failure-fair-value-zero-ecb-advisorshttps://www.coindesk.com/policy/2024/02/22/englands-law-commission-seeks-draft-views-on-legislation-to-label-crypto-as-property/——————————————————————***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.