Owning 1 Bitcoin Is Better Than Being a Millionaire

Let me be honest—becoming a wholecoiner is one of the smartest moves you can make, but it’s also becoming ridiculously hard. I remember when I first got into bitcoin back in 2016. The price was around $400-$500, and owning one full bitcoin felt totally doable.

Now? It’s a completely different story.

Bitcoin is sitting near $100,000, and owning even half a bitcoin feels out of reach for most people. Let’s put this into perspective: the average savings…

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AI agents are not agentic

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If I am to believe AI agents are the next big thing, here’s what I’d like it to minimally do:

“Dear AI agent, take control of my wallet and generate a minimum 30% APY while maintaining a conservative risk profile to avoid excessive exposure.”

30% is not a lot in crypto terms, but it’s enough to beat the S&P 500. Because I specified “conservative,” that agent would presumably err on the side of caution and only interact with DeFi smart contracts that have been battle-tested for at least a year.

For instance, the agent might look to Pendle to lock my capital in a PT yield…

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Daily US Bitcoin ETFs Net Flow Analysis (As of On January 2, 2024)

On January 2, 2024, the U.S. Bitcoin ETFs experienced a net decrease of 1,658 BTC in total holdings, reflecting mixed flows across various funds, amounting to an approximate market value decrease of $181.1 million.

Fidelity’s Bitcoin ETF (Ticker: FBTC) showcased strong positive movement, receiving an inflow of 393 BTC, indicating increased investor interest or strategic positioning early in the year. Similarly, Bitwise’s Bitcoin ETF (Ticker: BITB) and Invesco Galaxy’s Bitcoin ETF (Ticker: BTCO) recorded net inflows of 85 BTC and 9 BTC respectively, suggesting modest buying activity.

In contrast, Grayscale’s GBTC (Ticker: GBTC) saw a significant net outflow of 1,436 BTC, which was the largest drop among the ETFs. This substantial decrease, along with Grayscale’s BTC fund (Ticker: BTC), which also saw a decrease of 337 BTC, suggests a shift away from Grayscale’s offerings at the start of the year. ARK’s Bitcoin ETF (Ticker: ARKB) and BlackRock’s IBIT (Ticker: IBIT) also experienced outflows of 122 BTC and 250 BTC respectively, indicating some reallocation by investors.

VanEck’s HODL (Ticker: HODL), Valkyrie’s BRRR (Ticker: BRRR), and Franklin Templeton’s EZBC (Ticker: EZBC) reported no changes in their holdings.

Overall, the day was marked by a combination of inflows and outflows across the ETFs, leading to a net decrease in holdings to 1,121,808 BTC. The start of the year showed investor recalibration across several major Bitcoin ETFs.

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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LATEST: Binance Secures Brazil’s First Crypto Exchange Broker-Dealer License

Binance, the leading global cryptocurrency exchange, has received regulatory approval from Brazil’s Central Bank to acquire Sim;paul, a licensed broker-dealer. This landmark move not only makes Binance the first crypto exchange in Brazil to obtain such a license but also enables it to expand its financial services significantly. CEO Richard Teng celebrated the achievement, emphasizing Binance’s commitment to compliance and sustainable growth in the rapidly evolving Web3 industry.

This approval marks a critical resolution of previous regulatory challenges in Brazil, where Binance had to settle disputes with the Brazilian Securities and Exchange Commission in 2024. With this acquisition, Binance is poised to boost its market presence and meet the growing demand for secure, regulated crypto services in Latin America’s largest country.

Reflecting its global strategy, Binance continues to strengthen its compliance framework, integrating rigorous anti-money laundering protocols and expanding its dedicated financial crime unit. This strategic expansion aligns with Brazil’s proactive efforts in crypto regulation, enhancing Binance’s capacity to support the broader adoption of digital assets while ensuring market integrity.

Source

The Women In Bitcoin That CoinTelegraph Forgot

A week ago, CoinTelegraph published a “women who kicked ass in crypto” piece in which only one non-American or non-European woman (Maya Parbhoe) was mentioned.

Because I feel that what’s happening with Bitcoin in Africa, Latin America, The Middle East and Southeast Asia — regions where bitcoin is more often used as a currency and a money of last resort — is far more exciting than what’s happening in the United States and Europe, I’m here tell you about some ladies in the Bitcoin space from these regions who kicked ass in 2024.

Farida Bemba Nabourema — Nabourema is a long-time activist and human rights defender, originally from Togo. She’s also the primary organizer for…

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