EddieJayonCrypto
10 May 24
• Binance Fires Whistleblower: Whistleblower fired by Binance after uncovering alleged market manipulation, raising concerns about industry ethics.• US House Targets Crypto Custodians: US House resolution calls for increased scrutiny of crypto custodians, highlighting regulatory focus on custodial p...
• Binance Fires Whistleblower: Whistleblower fired by Binance after uncovering alleged market manipulation, raising concerns about industry ethics.• US House Targets Crypto Custodians: US House resolution calls for increased scrutiny of crypto custodians, highlighting regulatory focus on custodial practices. • Gary Gensler Acknowledges SEC Shortcomings: SEC Chair Gensler admits the SEC may need to adapt its approach to regulating cryptocurrency. • Swiss National Bank Tokenizes Assets: Swiss National Bank's move to tokenize assets demonstrates growing institutional adoption of blockchain technology. • South Korean Convenience Store Sells Bitcoin Meal Box: South Korean convenience store's sale of Bitcoin meal boxes showcases broader crypto integration in everyday life. • MoMA Recognizes NFTs as Art History: MoMA's inclusion of NFTs in its collection legitimizes NFTs as a new art form. • Litecoin Gains Traction for Payments: Increased adoption of Litecoin for payments suggests its potential as a transactional cryptocurrency. • Crypto Monthly Trading Volume Drops: First drop in monthly trading volume in seven months indicates a potential market correction. • JPMorgan Optimistic About Robinhood ETF Approval: JPMorgan's positive outlook on Robinhood's ETF application suggests growing support for institutional crypto products. • Bank of America Advises Holding Before CPI Report: Bank of America recommends holding crypto assets before the CPI report, hinting at potential market volatility based on economic data. • Ethereum Scam Victim Recovers Stolen Funds: Law enforcement cooperation leads to the recovery of stolen Ethereum funds, highlighting efforts to combat crypto scams. • WisdomTree Launches Crypto Business: Despite opposition, WisdomTree's launch of a crypto business signifies continued institutional interest. • SBI Holdings Partners with Chiliz for Japan: SBI Holdings' partnership with Chiliz for the Japanese market reflects the expansion of crypto ventures in Asia. • Prometheum Offers Compliance Solution: Prometheum's solution aims to streamline compliance for crypto businesses, potentially easing regulatory hurdles. • Report Casts Doubt on Stablecoin Usage: Report raises questions about the actual use cases of some stablecoins, highlighting potential regulatory scrutiny. ~Get the book: Crypto Foundations for Building Multi-Generational Wealth - https://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks: https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media: https://growmybag.tv/sign-up🚨 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 Grow My Bag. Grow My Bag 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.