Daily Crypto NewsEDITION #138, 28 January 2021

The SEC will say "Yes!"

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Hey #Moni Maker 👍

Today is International Data Protection Day. And while none of us need to hide anything from anyone, it is necessary to pay attention to privacy. You won't regret it! In the meantime, don't forget to check out the latest news...

Let’s go!

SEC may approve bitcoin-ETF as it reaches $2 trillion BTC capitalization

OK

Catherine Wood, CEO of Ark Investment Management, believes U.S. regulators likely won't approve a bitcoin-ETF until bitcoin's market capitalization exceeds $2 trillion. Currently, BTC's capitalization is $756 billion.

“The flood of demand has to be satisfied so it’s going to have to get well over a trillion dollars – $2 trillion, I think, before the [U.S. Securities and Exchange Commission] will feel comfortable about,” - Wood said at Tuesday’s ETF Trends Big Ideas event.

So what?

Hmmm, Catherine looks like an expert. Does she?

But let's not forget that with the new president new rules come..

GameStop situation plays well for BTC

Reddit Manipulators

Financier Anthony Scaramucci, whose fund invested $300 million in BTC, believes the recent situation around GameStop is a good omen for bitcoin.

The activity in GameStop is more proof of concept that Bitcoin is going to work,” Scaramucci said in an interview. “How are you going to beat that decentralized crowd? That to me is more affirmation about decentralized finance.”

And Bitcoin developer Udi Wertheimer compares BTC and GameStop charts, hinting that there may be some sort of correlation between them.

So what?

And then Peter Shiff clons will accuse Reddit partisans of bitcoin pump, yep.

Well the concept of bitcoin is the ONLY way out of monopoly slavery. Decentralization or slavery.

*No, we didn't steal Lenin's slogan*

Solana Foundation Announces $5 Million Ecosystem Fund

$5 milli

The new fund was created in partnership with Coin98 Ventures to develop the Solana developer ecosystem in Southeast Asia and accelerate Web3 and DeFi innovation.

Meme of the day 😄

We feel it!

And one more thing...Buy Bitcoin! 😉

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