Saddam Azlan Salim | Virginia Bitcoin Rights Protection Bill

Bitcoiners and residents of Virginia have reason to celebrate as the state introduces groundbreaking legislation aimed at safeguarding and promoting the use of digital assets. State Senator Saddam Azlan Salim is spearheading these efforts with Senate Bill 339 (SB 339), which addresses various aspects of digital asset rights, including mining and tax exemptions.

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Saddam Azlan Salim: Protecting Citizen’s Bitcoin Rights

In a move to empower Virginia citizens, SB 339 guarantees their freedom to independently engage in various digital asset activities. This includes storing, trading, participating in mining activities, and making payments. Senator Salim, the bill’s…

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Coinbase CEO Praises Jamie Dimon: “I Have A Lot of Respect For Him”

JPMorgan Chase, a financial giant actively navigating the digital asset landscape, has faced scrutiny for its CEO Jamie Dimon’s consistent criticism of Bitcoin. However, a surprising ally came to Dimon’s defense: Brian Armstrong, the CEO of Coinbase, one of the largest digital asset exchanges globally.

We’ve met, and JPM has been a great partner to us. Even if we don’t fully agree on Bitcoin, I have a lot of respect for Jamie as a CEO and have learned a lot from him. Actually everyone I’ve met from JPM has been top notch.

— Brian Armstrong (@brian_armstrong) January 20, 2024

This unexpected support marks a notable development in the ongoing debate over the legitimacy…

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Bitcoin Film | Alex Waltz

It was a beautiful Sunday In October 2023 in Switzerland. While attending the Plan B Forum in Lugano, I noticed someone on stage. This was my first encounter with a man named Alex Waltz. He presented a trailer to his new bitcoin film and immediately I thought, “Damn, that guy is on fire, I’d like to talk to him”. Some time has passed and it’s overdue to ask him few deep questions.

Alex Waltz and the World of Bitcoin Films

– Hi Alex, how are you doing?

– Everything that could go wrong is going wrong and catching fire, as it does when you are making a movie.I’m doing fantastic!

– We all have an idea what a filmmaker does, but what’s a…

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Embracing Bitcoin: The All-In-One Asset for the Modern Investor

Bitcoin represents a paradigm shift in the realm of finance, merging the liquidity of currency, the scarcity of precious metals, and the growth potential of the stock market. As a digital currency, it operates independently of centralized financial institutions, offering a revolutionary approach to money that is as free and borderless as the internet itself.

In contrast to fiat currencies, Bitcoin’s cap of 21 million coins bestows it with an intrinsic scarcity akin to gold, potentially safeguarding its value against inflation and market whims. Furthermore, its volatility often mirrors the high-risk, high-reward nature of stocks but without the constraints of traditional market hours or geographies.

Embracing Bitcoin is to embrace a future where financial autonomy is paramount. It is not just an investment; it’s an assertion of faith in a system that values transparency and equity over obscurity and disparity. For the forward-thinking investor, Bitcoin is not merely an asset but a statement of adaptability in an ever-evolving economic landscape.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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NEW: Elon Musk’s X App Stirs Crypto Speculation with Upcoming Payment Feature

Elon Musk’s revamped “everything app” X, formerly known as Twitter, is generating buzz in the cryptocurrency world with its upcoming payment feature. The verified account dedicated to this feature hints at potential crypto integration, exciting the community. Set to launch in-app payments by mid-2024, speculation is rife about whether it will include cryptocurrencies like XRP, Stellar, or XDC, particularly given Musk’s history with Dogecoin (DOGE).

Crypto researcher Mason Versluis shared his enthusiasm with his followers, while many speculate DOGE’s likely inclusion due to Musk’s past usage in Tesla’s merchandise payments. However, another researcher, Tokenicer, observed a recent shift in X’s approach, noting reduced payouts from the app’s ad-sharing system for crypto content. This change in revenue dynamics suggests fluctuating commitment to crypto.

Cointelegraph

Check Out the Top Crypto Gainers of the Day

$1M – $10M MarketCap:

  1. Aurigami (PLY): 91%
  2. ritestream (RITE): 51%
  3. DOSE (DOSE): 42%
  4. Argentine Football Association Fan Token (ARG): 28%
  5. ArchLoot (ALT): 28%

$10M – $100M MarketCap:

  1. MobileCoin (MOB): 38%
  2. Connext (NEXT): 29%
  3. SatoshiVM (SAVM): 25%
  4. Ordiswap (ORDS): 24%
  5. NADA Protocol Token (NADA): 24%

$100M – $1B MarketCap:

  1. Ondo (ONDO): 31%
  2. NEM (XEM): 22%
  3. Siacoin (SC): 15%
  4. Ronin (RON): 14%
  5. Chiliz (CHZ): 13%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Funding wrap: Trading, market making, staking see funding after ETF approval

Centralized venues that facilitate trading and staking had a noteworthy funding week as crypto settles into a post-spot bitcoin ETF world. 

The week began with HashKey, one of Hong Kong’s two licensed exchanges, announcing a $100 million Series A. The firm’s $1.2 billion valuation gave it unicorn status. HashKey did not disclose its investors, though Bloomberg reported OKX Ventures took part in the round.

The round may heat up an arms race for retail crypto trading in Hong Kong. The company behind OSL, the city’s other exchange, raised $91 million through a share subscription in November. 

While announcing the round, HashKey said the funds would partly be used to drive…

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Top Trending Crypto Coins of The Day

BIGCAP COINS:

  1. Bitcoin: Market Cap of $813 Billion.
  2. Solana: Market Cap of $39.5 Billion.
  3. Celestia: Market Cap of $2.7 Billion.

MIDCAP COINS:

  1. Manta Network: Market Cap of $556 Million.
  2. API3: Market Cap of $252 Million.
  3. Pyth Network: Market Cap of $582 Million.

RISING COINS:

  1. SatoshiVM: Market Cap of $72.5 Million.
  2. Peapods: Market Cap of $83.5 Million.
  3. Troll: Market Cap of $83.9 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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NEW: Bitcoin ETFs Surpass Silver, Become Second-Largest U.S. Commodity Investment

Bitcoin ETFs have become the second-largest commodity in the U.S., surpassing silver ETFs in assets under management (AUM). With over $28 billion AUM, Bitcoin ETFs overtook silver’s $11.5 billion within a week of their launch, signaling a seismic shift in investor interest. This milestone reflects a growing acceptance of Bitcoin as a mainstream investment, driven by heightened demand from institutional and retail investors seeking exposure to the cryptocurrency. The rapid ascent of Bitcoin ETFs to the second position in the U.S. ETF market demonstrates the cryptocurrency’s maturity, gaining credibility and recognition as a formidable investment option. Investors’ increasing appetite for Bitcoin ETFs reflects a broader trend of portfolio diversification and acknowledgment of Bitcoin’s unique value proposition. Bitcoin’s triumph over silver ETFs solidifies its position as a significant player in the global financial landscape, with the potential to bring increased liquidity and stability to the market.

The Block

If you care about crypto adoption, ‘not your keys, not your coins’ is a disaster

Crypto scams represent a crisis, and if we move out of a bear market and into a bull market, the scams will come roaring back. 

Even though the Chainalysis 2023 Crypto Crime Report showed that revenue from crypto scams in 2022 dropped from 2021, this by no means signifies that we’ve turned a corner and that current efforts to make scamming unprofitable are working. 

To put that report in context, you have to consider that the price of bitcoin dropped from a high of almost $69,000 in 2021 to a low of less than $16,000 in 2022. The number of scams could have quadrupled in 2022, and the value of those scams would remain less than in 2021. Additionally, many people burned by scams in…

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