EddieJayonCrypto
28 Feb 24
•Startups like Pudgy Penguins and Yuga Labs explore practical applications of NFTs in gaming, finance, and art despite concerns about crypto's reputation.• Cryptocurrency Regulation and Compliance: IRS hires digital-asset executives from Binance and TaxBit to enhance crypto compliance efforts, while...
•Startups like Pudgy Penguins and Yuga Labs explore practical applications of NFTs in gaming, finance, and art despite concerns about crypto's reputation.• Cryptocurrency Regulation and Compliance: IRS hires digital-asset executives from Binance and TaxBit to enhance crypto compliance efforts, while tax proposals in South Korea spark discussions.• Financial Investment Recommendations: Asset managers recommend modest crypto allocations, with Fidelity and BlackRock endorsing Bitcoin investments as high as 28%.• Hut 8 invests in a Texas facility ahead of the Bitcoin halving event, anticipating increased profitability due to institutional adoption.• Fidelity analyst predicts Bitcoin's market cap could reach $1.5T, while Bitcoin's price surge impacts NFTs-like Ordinals.• Decrypt and Rug Radio merge to form DASTAN, a decentralized publishing powerhouse, while Zoniqx partners with Ripple to streamline digital asset management.• Ubisoft collaborates with Helika to release Champions Tactics: Grimoria Chronicles, marking Ubisoft's entry into the NFT gaming sector.•Other Page and Magic Eden collaborate to revolutionize marketplace profiles, offering customizable avatars and Web3 legacy displays.• Ethereum Foundation announces the Dencun upgrade to improve scalability and reduce transaction costs, with plans for mainnet activation.• Binance Labs invests in Babylon, a Bitcoin staking protocol enabling staking for PoS blockchains without third-party custody.https://growmybag.tv/Article/170667/NFTs-Bounce-Back--Can-the-Digital-Art-Market-Survive-the-Cryptocurrency-Crash-https://growmybag.tv/Article/170670/IRS-Taps-Top-Digital-Asset-Executives-to-Ramp-Up-Crypto-Compliance---What-You-Need-to-Know-https://growmybag.tv/Article/170673/Expert-Asset-Managers-Recommend-Modest-Crypto-Allocations---Are-You-Missing-Out-https://growmybag.tv/Article/170676/Exclusive--Crypto-Mining-Giant-s--17-3-Million-Investment-in-Texas-Facility-Set-to-Skyrocket-Profits-During-Bitcoin-Halving-Event-https://growmybag.tv/Article/170639/Top-Fidelity-Analyst-Predicts-Bitcoin-Will-Outshine-Gold---Market-Cap-of--1-5-Trillion-https://growmybag.tv/Article/170642/Revolutionary-Merger-Unveiled--Decrypt-and-Rug-Radio-Join-Forces-to-Create-DASTAN---A-Decentralized-Publishing-Powerhouse-https://growmybag.tv/Article/170645/Ubisoft-s-Groundbreaking-NFT-Game--Champions-Tactics-Set-to-Revolutionize-Gaming-Industryhttps://growmybag.tv/Article/170648/Zoniqx-and-Ripple-Join-Forces-to-Revolutionize-Digital-Asset-Management--What-You-Need-to-Knowhttps://growmybag.tv/Article/170651/Revolutionizing-Marketplace-Profiles--Other-Page-and-Magic-Eden-s-Game-Changing-Collaboration-https://growmybag.tv/Article/170654/Bitcoin-s-Price-Surges-and-NFT-like-Ordinals-Make-a-Comeback---What-You-Need-to-Know-https://growmybag.tv/Article/170657/Ethereum-s-Game-Changing-Dencun-Upgrade--What-You-Need-to-Know-https://growmybag.tv/Article/170660/Binance-Labs-Makes-Groundbreaking-Investment-in-Babylon--Revolutionizing-Bitcoin-Staking🚨 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.