EddieJayonCrypto
4 Feb 24
• 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🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Eddie Jay on Crypto. Eddie Jay on Crypto may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.