Weekly News (+Asia Special) | Highly interested in E. Musk’s comments on virtual currencies and Arthur’s consideration of BTC spot ETF
This week’s information
We deliver you a abstract of the most well-liked crypto asset (digital forex) information over the previous week (12/23-12/29).
This week, now we have feedback on cryptocurrencies from Elon Musk, CEO of Tesla, the proprietor of X, and Bitcoin (BTC) spot ETF (listed Information associated to discussions on funding trusts (funding trusts) attracted consideration.
- desk of contents
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- This week’s featured information
- monetary market
- Asia particular characteristic
This week’s featured information
Elon Musk: “I don’t have a lot time to consider digital currencies” (12/23)
“I don’t spend any time desirous about cryptocurrencies,” Musk mentioned. The comment was in response to Wooden’s X Area dialog with CEO of hedge fund big Ark Make investments about Bitcoin’s potential influence on the monetary system. (the article isright here)
“Money ETFs might destroy the Bitcoin community” Arthur Hayes’ ideas (12/26)
Arthur Hayes printed an article on digital forex funding on the twenty third. He states his view that “money ETFs might disrupt the Bitcoin community.” (the article isright here)
MicroStrategy buys $615 million value of digital forex Bitcoin in December (12/27)
MicroStrategy introduced on the night time of the twenty seventh that it had bought extra Bitcoin. This time, they acquired 14,620 BTC for an quantity of $615 million. (the article isright here)
monetary market
Bitcoin is struggling within the excessive worth vary, and there’s a sense of warning about “reality promoting” if the ETF is accredited (12/25)
On today, the Bitcoin worth fell 2.1% from the day prior to this to 1 BTC = $42,955. QCP Capital, a Singapore-based cryptocurrency buying and selling firm, mentioned it expects the Bitcoin ETF to be accredited as early as January fifth to tenth, however says there’s a robust chance that it’ll grow to be a self-the-fact. “Being optimistic is a no-no,” he warned. (the article isright here)
Bitcoin year-end place adjustment promoting could also be dominant, or Korean “Kimchi Premium” rises towards the backdrop of hovering alto costs (12/27)
Bitcoin worth fell 2.6% from the day prior to this to 1 BTC = $42,337. On today, an evaluation by SignalQuant posted on the information evaluation firm CryptoQuant revealed that the worth deviation of South Korea’s premium index (14-day transferring common) has sharply elevated up to now two weeks, and hypothesis fever within the South Korean market is quickly growing. It was confirmed that there’s. (the article isright here)
Altcoins fall as a result of early profit-taking promoting, a warning sign for overheating within the futures market (12/29)
Shares that had skyrocketed, akin to Solana (SOL) and Polygon (MATIC), suffered a reactionary decline. On the twenty eighth, $32.8 million value of Solana was transferred to Binance. (the article isright here)
Asia particular characteristic
Hong Kong begins accepting purposes for digital forex spot ETFs (12/23)
The Hong Kong Securities and Futures Fee (SFC) introduced on the twenty second that it is able to settle for purposes for a bodily cryptocurrency ETF. This was said in a round informing the SFC and the Hong Kong Financial Authority (HKMA) of their new coverage for intermediaries engaged in crypto-related actions. (the article isright here)
Japan’s first digital securities secondary market “START” opened, buying and selling of two shares, Kenedix and Ichigo, began (12/26)
On the twenty fifth, Osaka Digital Alternate Co., Ltd. (ODX) opened Japan’s first digital securities (ST) secondary market, START. Safety token buying and selling has began on ODX’s Personal Buying and selling System (PTS). (the article isright here)
SBI establishes three way partnership with TradeFinex in Japan and begins experimenting with using digital currencies XDC and Corda (12/28)
SBI Holdings introduced on the twenty seventh that it has established a three way partnership with TradeFinex Tech Ltd. of the United Arab Emirates (UAE), as introduced in September of this yr. The corporate has additionally introduced that it has began a proof of idea (PoC) as its first undertaking. (the article isright here)
Hong Kong Financial Authority broadcasts draft rules for stablecoin issuers (12/28)
On the twenty seventh, the Hong Kong Financial Authority, collectively with the Monetary Companies Bureau (FSTB), printed a session paper on introducing rules for stablecoin issuers, and solicited public feedback. The session paper takes into consideration suggestions from the general public and business individuals on the digital forex and stablecoin regulation deliberation doc launched by the Hong Kong Financial Authority final yr, market circumstances and wishes, and worldwide requirements. . (the article isright here)
Indian authorities request entry to 9 exchanges together with Binance to be blocked as a result of violation of anti-money laundering legal guidelines (12/29)
On the twenty eighth, the Monetary Intelligence Bureau beneath the Indian Ministry of Finance requested the Ministry of Electronics and Info Know-how to chop off entry (block the URLs) to 9 abroad digital forex exchanges, together with Binance. It factors out that these exchanges are working illegally and never in accordance with the provisions of the Prevention of Cash Laundering Act (PML Act). (the article isright here)
connection:Why we want a large-scale Web3 convention in Japan | WebX founder interview
Asia’s largest Web3 convention “WebX 2024” to be held at The Prince Park Tower Tokyo https://t.co/pogMJ9oqDw
The occasion is scheduled to be held over two days, August twenty eighth (Wednesday) and August twenty ninth (Thursday), 2024. We look ahead to your utility!
— CoinPost (digital forex media) (@coin_post) September 29, 2023
Featured Web3 convention dates
Web3 and digital forex/blockchain associated conferences have gotten extra energetic worldwide. On this article, we may also introduce info on main conferences scheduled to be held within the close to future, primarily in Asia.
TEAMZ WEB3/AI SUMMIT 2024
“TEAMZ WEB3/AI SUMMIT 2024” is an occasion with the theme of Web3 and AI, scheduled to be held at Toranomon Hills Discussion board in Tokyo from April thirteenth to 14th.
TEAMZ WEB3/AI SUMMIT 2024 follows this yr’s TEAMZ WEB3 SUMMIT 2023, and is an occasion targeted on the potential for synergy between the AI and blockchain fields, that are attracting consideration because of the rise of OpenAI and ChatGPT.
In accordance with the official web page, there will probably be greater than 120 audio system subsequent yr, together with greater than 200 VCs, traders, and exhibiting corporations. It’s estimated that 5,000 folks will attend.
TEAMZ WEB3 / AI SUMMIT 2024 is an upgraded occasion of TEAMZ WEB3 SUMMIT 2023, which was probably the most influential occasions in Japan’s Web3 business.
This yr, we’ll deal with each latest tendencies, WEB3 and AI, as our important themes… pic.twitter.com/JsjXkV9ZDe— TEAMZ, Inc. (@teamz_inc) November 7, 2023
CoinPost official app
CoinPost official app (1.7.15) has been launched on iOS and Android
・iOS17 suitable
・Improved show of in-app WebView
・Improved conduct when tapping notifications
Such… pic.twitter.com/Y8dikLRBe7— CoinPost (digital forex media) (@coin_post) November 15, 2023
