MicroStrategy is pioneering the use of Orange, a decentralized identity framework, which may leverage Bitcoin's ordinals for inscriptions, showcasing a new application of blockchain technology for digital identity management.

Senator Cynthia Lummis has openly criticized the Department of Justice's stance on crypto wallets, advocating for greater autonomy and less stringent regulations for cryptocurrency users.

Market analysis from Glassnode indicates that Bitcoin might be experiencing a correction phase, commonly referred to as 'paper hands,' where investors sell off their holdings amid price dips.

Standard Chartered has issued a forecast suggesting that Bitcoin's price could potentially fall to $50,000, indicating possible volatility ahead.

________

https://substack.com/@dcndailycryptonews

News Links 👇

https://www.youtube.com/watch?v=67eetLooEQc&t=644

https://decrypt.co/229087/orange-decentralized-identity-ordinals-inscriptions-microstrategy

https://decrypt.co/229020/bitcoin-senator-cynthia-lummis-blasts-doj-stance-crypto-wallets

https://decrypt.co/229046/bitcoin-paper-hands-correction-glassnode

https://decrypt.co/229039/bitcoin-could-fall-to-50000-standard-chartered

https://insights.glassnode.com/the-week-onchain-week-18-2024/

———

***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

Hosted on Acast. See acast.com/privacy for more information.

Binance founder Changpeng Zhao (CZ) has been sentenced for money laundering, marking a significant moment of legal reckoning in the cryptocurrency world. Following his sentencing, CZ has expressed a willingness to serve his time, reflecting on this experience as the beginning of a new chapter in his life.

This scenario underscores the heightened scrutiny and legal actions targeting influential figures in the crypto industry. In another turn of legal and ethical concerns, SEC Chairman Gary Gensler faces accusations of lying to Congress about Ethereum, as highlighted by Congressman Patrick McHenry, intensifying the debate over transparency and accountability in financial regulation.

Meanwhile, "Bitcoin Jesus" Roger Ver has been charged with a $50 million tax evasion, adding to the string of legal issues facing crypto pioneers. Additionally, the conversation around digital ethics extends to Capitol Hill, where artist FKA Twigs testified at a Senate hearing about the use and implications of AI-generated deepfakes and digital replicas, emphasizing the urgent need for legislative and ethical frameworks to manage these emerging technologies.

________

https://substack.com/@dcndailycryptonews

News Links 👇

https://youtu.be/mdZt7ox1DDs?si=BTlnSEwcYN9xYd22

https://www.youtube.com/watch?v=-VGhVpk3nnM&t=1052s

https://decrypt.co/228674/binance-founder-changpeng-zhao-sentence-money-laundering

https://decrypt.co/228906/i-will-do-my-time-binance-founder-next-chapter-life-after-prison

https://decrypt.co/228870/sec-gensler-lied-congress-ethereum-patrick-mchenry

https://decrypt.co/228822/bitcoin-jesus-roger-ver-charged-50-million-tax-evasion

https://decrypt.co/228907/fka-twigs-ai-deepfakes-digital-replicas-senate-hearing

———

***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

Hosted on Acast. See acast.com/privacy for more information.

Hong Kong's newly launched spot Bitcoin and Ethereum ETFs hit the market with an impressive debut, recording $11 million in volume, underscoring the region's growing role as a cryptocurrency hub.

The crypto community is closely watching the sentencing of Binance founder Changpeng Zhao (CZ), who faces a significant prison term, highlighting the legal challenges and regulatory scrutiny facing crypto industry leaders. This legal situation comes as North Korea's Lazarus Group is reported to have laundered over $200 million in crypto, demonstrating sophisticated methods in cybercrime linked to state actors.

On a more positive note, a solo Bitcoin miner successfully claimed a block reward of $218,000, a rare and newsworthy event given the usual dominance of large mining pools.

However, Ethereum has experienced a dip to a weekly low amid ongoing uncertainty regarding its regulatory status with the SEC, reflecting the sensitive nature of crypto markets to regulatory news and sentiments. These developments paint a complex picture of the cryptocurrency landscape, filled with innovation, regulatory challenges, and significant market movements.

________

https://substack.com/@dcndailycryptonews

https://www.udio.com

News Links 👇

https://decrypt.co/228709/hong-kong-spot-bitcoin-and-ethereum-etfs-see-11-million-volume-in-debut

https://www.cnbc.com/2024/04/30/binance-founder-cz-heads-to-sentencing-hearing-facing-years-in-prison.html

https://unchainedcrypto.com/binance-founder-changpeng-zhaos-sentencing-on-tuesday-what-to-expect/

https://decrypt.co/228606/north-koreas-lazarus-group-laundered-200m-in-crypto-says-blockchain-sleuth-heres-how

https://decrypt.co/228584/solo-bitcoin-miner-wins-block-reward-218000

https://decrypt.co/228713/ethereum-dips-to-weekly-low-amid-sec-uncertainty

https://twitter.com/zachxbt/status/1784935501935390930

———

***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

Hosted on Acast. See acast.com/privacy for more information.