EddieJayonCrypto

 4 Feb 24

tl;dr

• Economy: GDP numbers are good; probably better than most thought; Employment numbers soared by 353K with the unemployment rate holding at 3.7%• Regulatory: Kraken wins privacy battle in XRP lawsuit against Ripple, protecting user data.• Pro-Ripple lawyer demands answers from NYDFS regarding XRP de...

• Economy: GDP numbers are good; probably better than most thought; Employment numbers soared by 353K with the unemployment rate holding at 3.7%
• Regulatory: Kraken wins privacy battle in XRP lawsuit against Ripple, protecting user data.
• Pro-Ripple lawyer demands answers from NYDFS regarding XRP delisting, alleging external influence.
• European Securities and Markets Authorities (ESMA) seeks public input on cryptocurrency asset regulation in Europe, amidst an $18.5 billion market.
• Binance partners with Swiss banks to enhance asset security, addressing counterparty risk.
• Blockchain security firm PeckShield reports a decrease in crypto hacks and scams in 2023 but signals continued criminal activity in 2024.
• The Bitcoin Spot ETF market is heating up in a major fashion with everything dropping rates, well except for Grayscale; Valkyrie's Bitcoin ETF adds BitGo as a Second Custodian
• Binance rebounds to 49% market share in 2023 after legal challenges and founder's resignation.
• OpenSea CEO hints at potential acquisition and discusses the future of NFTs.
• Standard Chartered Bank predicts SEC approval for Ethereum ETF by May 23.
• Bitcoin miners move over 4,000 coins to exchanges, raising questions about the cryptocurrency's future price.
• FTX abandons plans to relaunch and focuses on liquidating assets to repay customers, highlighting challenges in the crypto market.
• Members of Congress introduce resolutions to disapprove of a controversial SEC accounting rule regarding cryptocurrencies forcing custodians to hold customer's cryptocurrencies on their balance sheet.
Hawaii Embraces Crypto: The Aloha State's Surprising Shift in Digital Currency Regulation

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 22 Dec 24
 22 Dec 24
 22 Dec 24