Headlines
▌Bei Ryder CEO: Hopes to tokenize stocks, bonds and all financial assets he can
BlackRock CEO Larry Fink accepted During the interview, he stated that he hopes to tokenize stocks, bonds, and all financial assets he can.
▌BoE Governor: Cryptocurrencies like Bitcoin have not become a means of payment
BoE Governor Bailey previously said that cryptocurrencies like Bitcoin Cryptocurrencies like coins did not become a means of payment, and cryptocurrencies failed to maintain the momentum they once had.
Quotes
As of press time, according to coinmarketcap The data shows:
BTC's recent transaction price was US$42,758, with intraday increases and decreases< strong>-0.29%;
ETH’s recent transaction price was $2,568.48, with intraday gains and losses< span style="color: rgb(0, 176, 80);">+1.56%;
BNB’s recent transaction price was US$301.03, with an intraday increase or decrease+1.79% strong>;
XRP’s recent transaction price was US$0.5736, with intraday gains and losses+0.28%;
DOGE’s latest transaction price was $0.08066, intraday Increase or decrease+0.55%;
ADA's recent transaction price was US$0.5455, with intraday changes-0.39%;
SOL’s recent transaction price was US$95.14, with intraday gains and losses+3.70%.
Policy
▌UK Central Bank Governor: Cryptocurrencies like Bitcoin have not become a means of payment
Bank of England Governor Bailey previously said that cryptocurrencies like Bitcoin Cryptocurrencies have not become a means of payment, and cryptocurrencies have failed to maintain the momentum they once had.
Blockchain Application
▌Grayscale GBTC shows that capital outflows may be caused by accounting reasons
In response to the previous display that the GBTC Spot Bitcoin ETF had US$579 million in funds in two days after its listing Bloomberg ETF analyst Eric Balchuna said that GBTC’s fund outflow data may be due to accounting reasons, but he could only use the latest data provided by Grayscale. Although it is not known what factors drive BTC prices every day, if Bitcoin If ETFs want to grow, they need trading volume and low fees.
▌Nike announces expansion of video gaming wearables with .Swoosh platform
< p style="text-align: left;">Sportswear giant Nike said it will continue to expand into video gaming wearables through its blockchain and digital wearables unit. The Swoosh platform, but it's unclear if there will be More NFTs. The Swoosh said in a blog post that the value of a virtual product should be based on the joy it brings you when using it to express yourself or unlock physical products. It's more about the joy of collecting, being a true fan rather than just a deal. We're moving deeper into video gaming with the launch of a new line of virtual products, Nike in-game wearables. In-game wearables are different from our digital collectibles (like OF1) in that you can purchase and wear them directly within your favorite video games.
Cryptocurrency
▌ Coinbase Chief Policy Officer: Bitcoin ETF is an important step in clarifying industry regulations and will allow billions or even more funds to enter the market
Coinbase Chief Policy Officer Faryar Shirzad said in an interview that the approval of the Bitcoin ETF means that hundreds of thousands or even billions of dollars or even more funds will enter the encryption market. This is a big event and also means that the market is moving towards An important step has been taken towards clarifying supervision. While it’s an important step forward that’s great for the industry and even more so for consumers, for now, the crypto market still needs legislation.
▌Deputy Dean of the School of Finance, Shanghai University of Finance and Economics: Bitcoin is becoming a market dominated by institutional investors
Cao Xiao, deputy dean of the School of Finance at Shanghai University of Finance and Economics, said that Bitcoin is becoming a market dominated by institutional investors. Generally speaking, after the launch of Bitcoin spot ETF, the Bitcoin market will become more mature. The entry of institutional investors means that more types of related financial products will appear after the ETF, and the price fluctuation of Bitcoin will tend to Smooth, the cost of risk control will be further reduced, thus making the Bitcoin market mature. So this is a major watershed. Liu Bin, director of the Financial Research Office of the China (Shanghai) Free Trade Zone Research Institute, said that in the short term, the approval of the Bitcoin ETF will bring benefits to the cryptocurrency industry, which will help funds enter the market and push up the price of Bitcoin.
▌SEC is unlikely to approve spot Ethereum ETF "anytime soon"
Investment bank TD Cowen said that we do not expect the SEC to approve ETPs for other crypto tokens soon because we believe the SEC Looking for experience in approving Bitcoin ETPs before approving Ethereum or other crypto token ETPs,
▌Morgan Stanley: Spot Bitcoin ETF approval is a 'potential paradigm shift' in global cryptocurrency perspective
Investment bank Morgan Stanley Digital Asset Markets Director Andrew Peel said in a note to investors that the approval of the spot Bitcoin ETF marks an important point in the adoption of Bitcoin by the global financial system. Fifteen years ago, Bitcoin was an idea on an internet forum. Now, as stablecoins compete with payment networks like PayPal and Visa, Wall Street’s adoption of Bitcoin in the form of a spot Bitcoin ETF could mark the beginning of the “global digital asset.” A potential paradigm shift in perception and use”.
▌MicroStrategy co-founder Michael Saylor is selling shares or using them to buy Bitcoin
MicroStrategy co-founder Micheal Saylor appears to be formulating his own "Bitcoin strategy". According to Bloomberg, Michael Saylor approved spot Bitcoin at the SEC Between 3,882 and 5,000 shares of MicroStrategy stock were sold on certain days before the ETF. Those sales reportedly earned the company's co-founders more than $20 million in total. It is said to be the first time he has sold shares in nearly 12 years.
▌BlackRock CEO: Wants to tokenize stocks, bonds, and all financial assets he can
BlackRock CEO Larry Fink said in an interview that he hopes to tokenize stocks, bonds and all financial assets he can .
Important Economic Updates
▌The U.S. federal government may be partially "shutdown" next week
Golden October data 1 According to US media reports on January 13, although the two parties in the US Congress have reached a spending agreement for the 2024 fiscal year, the federal government may still be partially "shutdown" next week. According to reports, on January 19, the temporary appropriation bill that provides operating funds for 20% of US federal government agencies will expire. By February 2, the operations of other U.S. federal government agencies will also face a "shutdown" due to exhaustion of funds. In order to avoid a partial "shutdown" of the federal government, Congress should pass four long-term appropriation bills at least before January 19, providing funding for agriculture, energy and water resources development, military construction and veterans' affairs, and transportation for which the temporary appropriation bill expires on the 19th. Projects such as housing and urban development provide funding, and throughout fiscal year 2024, Congress needs to pass 12 long-term appropriations bills to provide sufficient budget for government operations.
Golden Encyclopedia
▌ Mainnet
Mainnet Net, short for "MainNet," is the main blockchain network where actual transactions take place and are conducted using the native cryptocurrency. It is not the same as a testnet or experimental environment; rather, it is the product of development activities. The mainnet features its own cryptocurrency, a digital asset necessary for the network to function. This native cryptocurrency is critical to the ecosystem’s governance process, staking program, and transaction fees.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.
Bernice
JinseFinance
Aaron
Catherine
Bitcoinworld
Brian
TheBlock
Cointelegraph
Bitcoinist