Daily Crypto News

In this episode, we delve into the latest developments shaping the cryptocurrency landscape. First up, we explore the whole drama & process of THE Ethereum spot ETF approval by the SEC, from Gensler hints at a forthcoming decision, while a rule change allowing for the creation of Ether ETFs is already greenlit. Join us as we analyze the implications of these regulatory moves and the betting frenzy they've ignited on platforms like Polymarket.But it's not all about regulatory affairs; we'll also discuss the human side of the cryptocurrency industry. From a Binance executive collapsing in a Nigerian court to Hong Kong's possible approval of ETH staking ETFs, we'll unpack the legal and regulatory challenges facing industry players.Then, we shift our focus to market trends and analysis. From Zeneca's staggering $20 million NFT portfolio to South Korea's crypto premium dropping below 1%, we'll examine the market dynamics influencing investor behavior and the potential impact of Japan's regulatory stance on Bitcoin's price, as discussed by BitMEX's Arthur Hayes.News Links 👇https://www.coindesk.com/policy/2024/05/23/gensler-says-stay-tuned-on-us-secs-decision-on-eth-etf/ https://www.cnbc.com/2024/05/23/sec-approves-rule-change-to-allow-creation-of-ether-etfs.html https://decrypt.co/232190/ethereum-etf-sec-approval-wager-bet-polymarket   https://www.dlnews.com/articles/markets/sec-approves-just-one-set-of-filings-for-spot-ethereum-etfs/ https://www.dlnews.com/articles/regulation/binance-exec-collapses-in-nigerian-court-as-health-worsens/ https://cointelegraph.com/magazine/zenecas-portfolio-peaked-20m-2021-vibes-again-nft-collector/ https://cointelegraph.com/news/hong-kong-sfc-ether-staking-etf-issuers https://news.bitcoin.com/south-koreas-crypto-premium-drops-below-1-as-bitcoin-and-ethereum-prices-align-globally/ https://www.dlnews.com/articles/markets/bitmex-arthur-hayes-on-how-japan-will-send-bitcoin-higher/ ——————————————————————***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

News Links 👇https://www.coindesk.com/policy/2024/05/22/us-house-approves-crypto-fit21-bill-with-wave-of-democratic-support/?_gl=1*1cxbfyh*_up*MQ..*_ga*NjIxMTAwMTUyLjE3MTY0NjY3MjY.*_ga_VM3STRYVN8*MTcxNjQ2NjcyNS4xLjAuMTcxNjQ2NjcyNS4wLjAuMTY0Mzk0NjExOA..https://decrypt.co/232007/ethereum-etf-approval-likely-according-to-sources-close-to-sec-reporthttps://www.coindesk.com/policy/2024/05/23/blackrock-grayscale-bitwise-file-updated-19b-forms-in-rush-for-ethereum-etf/?_gl=1*1vhvufc*_up*MQ..*_ga*NjIxMTAwMTUyLjE3MTY0NjY3MjY.*_ga_VM3STRYVN8*MTcxNjQ2NjcyNS4xLjAuMTcxNjQ2NjcyNS4wLjAuMTY0Mzk0NjExOA..https://decrypt.co/231974/political-ads-using-ai-must-be-labeled-fcc-chair-sayshttps://blockworks.co/news/former-ftx-exec-ryan-salame-sentencinghttps://www.coindesk.com/business/2024/05/22/bitcoin-is-coming-to-ethereum-stalwart-metamask-sources/https://clerk.house.gov/Votes/2024226———***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

News Links 👇https://www.coindesk.com/policy/2024/05/22/secs-gensler-says-house-bill-would-undermine-regulators-crypto-capital-markets-oversight/?_gl=1*1y65us6*_up*MQ..*_ga*NTA0OTgxMTg0LjE3MTYzODE4NTM.*_ga_VM3STRYVN8*MTcxNjM4MTg1My4xLjAuMTcxNjM4MTg1My4wLjAuMTQxODYwNzYyNA..https://www.coindesk.com/policy/2024/05/21/several-us-house-democrats-petition-colleagues-to-join-yes-side-on-crypto-bill/https://zerocap.com/insights/snippets/fit21-act-digital-assets/https://beincrypto.com/sec-requests-revisions-on-ethereum-etf-proposals/https://www.coindesk.com/business/2024/05/22/wisdomtree-gets-green-light-to-list-bitcoin-ether-etps-on-london-stock-exchange/https://unchainedcrypto.com/qa-with-farcaster-how-crypto-social-media-goes-from-100000-users-to-one-billion/https://decrypt.co/231689/rfk-jr-meme-stock-gamestop-punish-short-sellers-i-ride-with-youhttps://decrypt.co/231666/trump-accepts-bitcoin-donations-makes-good-crypto-promise———***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

News Links 👇https://decrypt.co/231509/microsoft-ai-pc-recall-everything-laptops-tabletshttps://www.coindesk.com/business/2024/05/21/fidelity-drops-staking-plans-in-updated-ether-etf-filing/?_gl=1*91uyqv*_up*MQ..*_ga*MjEyNzY2NDYxNC4xNzE2Mjk1MDE0*_ga_VM3STRYVN8*MTcxNjI5NTAxMy4xLjAuMTcxNjI5NTAxMy4wLjAuMTc0MTM1MTQ2https://protos.com/pink-drainer-steps-back-from-the-grind-after-stealing-75m-from-victims/https://decrypt.co/231587/ethereum-above-3600-etf-approval-hopeshttps://decrypt.co/231563/new-cryptopunks-nft-project-unravels-backlash-woke-artworkhttps://www.coindesk.com/markets/2024/05/21/ether-eth-surges-17-polymarket-approval-chances-rocket-as-etf-makes-regulatory-progress/?_gl=1*coyq5r*_up*MQ..*_ga*MjEyNzY2NDYxNC4xNzE2Mjk1MDE0*_ga_VM3STRYVN8*MTcxNjI5NTAxMy4xLjAuMTcxNjI5NTAxMy4wLjAuMTc0MTM1MTQ2———***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 LLCDaily Bitcoin, Ethereum, & Crypto News!

https://substack.com/@dcndailycryptonewsNews Links 👇 https://decrypt.co/231317/epik-duck-from-joke-25-million-solana-meme-coin https://cointelegraph.com/news/bitcoin-bulls-take-charge-as-sol-ar-grt-and-ftm-flash-bullish-signs https://cointelegraph.com/news/tornado-cash-verdict-crypto-industry ———***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 LLCDaily Bitcoin, Ethereum, & Crypto News!

This week in the cryptocurrency industry, Robinhood's expansion of staking options to European markets, particularly focusing on Solana, indicates a strategic move to engage with the growing interest in staking services abroad and provide users with new investment opportunities. Concurrently, the Ethereum network introduces Blast, a Layer 2 scaling solution, alongside details about its upcoming airdrop, aimed at driving user engagement and improving network performance.Solana's ecosystem sees further development with the introduction of Solayer, a re-staking protocol aimed at optimizing yields and enhancing the efficiency of staking practices on the platform, reflecting ongoing efforts within the Solana community to enhance functionality and user experience. Meanwhile, Chainalysis reports on Eastern and Central & Southern Asia shed light on different patterns and scales of crypto usage, with Eastern Asia maintaining its stronghold in the crypto market, characterized by high adoption rates and significant trading volumes.Today’s News👇https://cointelegraph.com/news/robinhood-solana-staking-european-markets https://decrypt.co/230927/ethereum-layer-2-network-blast-reveals-airdrop-details?amp=1 https://blockworks.co/news/solana-restaking-protocol-solayer https://www.chainalysis.com/blog/eastern-asia-cryptocurrency-adoption/https://www.chainalysis.com/blog/central-southern-asia-cryptocurrency-adoption/Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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

Alexey Pertsev, the developer behind the controversial Tornado Cash platform, has appealed his guilty verdict, highlighting ongoing debates surrounding cryptocurrency regulations and privacy. This case continues to draw significant attention as it touches on the broader implications of decentralized finance and government oversight.Meanwhile, the cryptocurrency market is poised for potential shifts as the Chicago Mercantile Exchange (CME) explores launching spot Bitcoin trading, aiming to compete with major crypto exchanges like Binance and Coinbase. This move could significantly impact the landscape of cryptocurrency trading by introducing a traditional financial player into the arena of direct crypto trading.In corporate news, OpenAI is facing a series of executive departures amid concerns over AI safety. These departures could signal challenges within the organization regarding the direction and management of ethical AI development, reflecting wider industry issues about the rapid advancement of AI technologies.Additionally, Oklahoma has enacted a new law that reinforces the right to self-custody Bitcoin, providing a regulatory boost to crypto miners and holders in the state. This law is a significant step towards embracing and formalizing the cryptocurrency sector within state legislations.Lastly, the situation of a Binance executive detained in Nigeria reaches 100 days, underscoring the complex and often precarious interactions between global cryptocurrency operations and local legal systems. This ongoing detention highlights the challenges that arise as global crypto entities navigate varied regulatory environments across different countries. ________https://substack.com/@dcndailycryptonewsNews Links 👇 https://www.coindesk.com/policy/2024/05/16/tornado-cash-developer-alexey-pertsev-appeals-guilty-verdict/https://decrypt.co/230945/open-ai-executive-departures-ai-safetyhttps://decrypt.co/230962/bitcoin-self-custody-right-law-mining-oklahomahttps://www.coindesk.com/markets/2024/05/16/cme-looks-to-take-on-binance-and-coinbase-could-launch-spot-bitcoin-trading-report/?_gl=1*1rwmxa7*_up*MQ..*_ga*ODI2OTIyNDA1LjE3MTU4NjE4MzU.*_ga_VM3STRYVN8*MTcxNTg2MTgzNC4xLjAuMTcxNTg2MTgzNC4wLjAuODgzNjMwMTIzhttps://www.dlnews.com/articles/people-culture/timeline-of-binance-exec-imprisonment-in-nigeria-at-100-days/———***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

This week in the cryptocurrency sector showcased a mix of market dynamics, meme coin phenomena, and investment product performance. Starting with a breach in security, the Cypher Protocol experienced an insider theft from an exploit redemption contract, highlighting ongoing security challenges within crypto operations. In the meme coin arena, the Roaring Kitty Solana-based token experienced a significant surge, partly influenced by its association with the GameStop trading frenzy, illustrating the continuing influence of social media and retail investors on niche cryptocurrency markets.ETF performance has also been noteworthy; Hong Kong's Bitcoin and Ether ETFs recorded $39 million in outflows, suggesting investor caution or profit-taking following recent market activities. However, broader market sentiments were somewhat positive as Bitcoin saw a 3.5% increase after U.S. consumer price data indicated a slowdown in inflation, which may ease concerns about aggressive monetary tightening. Adding to the enthusiasm in meme coins, Floki Inu also joined the rally, demonstrating the volatile and speculative nature of these assets.Additionally, new financial products are emerging in the Nordic countries, where investors now have the opportunity to invest in a Bitcoin ETP (Exchange Traded Product) that offers a yield, broadening the scope of crypto-based financial instruments available to European investors. These developments reflect the ongoing volatility, innovative expansion, and complex interplay of social dynamics and economic indicators driving the cryptocurrency market.________https://substack.com/@dcndailycryptonewsNews Links 👇https://unchainedcrypto.com/cypher-protocol-insider-steals-from-exploit-redemption-contract/https://decrypt.co/230658/roaring-kitty-solana-meme-coin-skyrockets-gamestophttps://www.coindesk.com/markets/2024/05/13/hong-kong-bitcoin-and-ether-etfs-see-39m-outflows-on-monday-farside-investors/https://decrypt.co/230755/bitcoin-up-3-5-as-us-data-shows-consumer-prices-slowed-their-climb-in-aprilhttps://decrypt.co/230801/floki-inu-roaring-kitty-meme-coin-rallyhttps://decrypt.co/230766/you-can-invest-bitcoin-etp-earn-yield-nordic-countrieshttps://decrypt.co/230773/bitcoin-and-ethereum-steady-ahead-of-u-s-consumer-prices-report———***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

This week's discourse in the cryptocurrency realm is dominated by concerns over its misuse, regulatory challenges, and technological advancements. U.S. Senator Elizabeth Warren has raised concerns about cryptocurrency mining operations in Iran, asserting that they are being used to evade U.S. and international sanctions and potentially finance groups like Hamas. She advocates for immediate action to curb this threat to national security. This claim aligns with her ongoing scrutiny of the cryptocurrency sector's role in global financial systems.In technological developments, discussions are stirring around potential new narratives in the blockchain space, with speculations on infrastructure, real-world assets, and AI integration across different chains. MicroStrategy's 'Orange' decentralized identity system using Bitcoin has been highlighted, emphasizing efforts to leverage blockchain for enhanced security and identity verification.Regulatory interactions continue to shape the sector's landscape. Robinhood has received a Wells notice from the SEC, indicating potential enforcement actions, while the SEC has delayed its decision on the Invesco Galaxy Spot Ethereum ETF, reflecting ongoing caution in cryptocurrency ETF approvals. On a broader scale, financial services firm Franklin Templeton is exploring opportunities to extend its services to the Arbitrum network, signifying traditional financial institutions' increasing interest in DeFi platforms.These events collectively sketch a complex picture of the cryptocurrency industry, where regulatory, technological, and ethical considerations are deeply intertwined, impacting the trajectory of digital finance innovations and their global regulatory frameworks.