CNA Weekly Roundup 12.01.24

CNA Weekly Roundup 12.01.24

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The Australian info What. A. Week. We understood the news was coming this week and whilst we were exceptionally positive of the result, the method it came about was unconventional.  On Wednesday, the SEC tweeted from their authorities Twitter account that they authorized the area Bitcoin ETFs, just erasing the tweet quickly after and declaring the account was jeopardized and no choice hadactually been made. The FBI are now looking into the matter however something smells off here. The @SECGov X account was jeopardized, and an unapproved post was published. The SEC has not authorized the listing and trading of area bitcoin exchange-traded items. — U.S. Securities and Exchange Commission (@SECGov) January 9, 2024 Anyway, 24 hours lateron we got the news we had all been waiting for over 10 years – real approval.  This news is so considerable for Bitcoin, some would state one of its greatest days in its 15-year history.  The approval of these ETFs by the SEC represents that Bitcoin will now be available bymeansof the UnitedStates stock markets, enhancing the accessibility of Bitcoin, specifically for organizations lookingfor a controlled channel for financialinvestment and without custody and security issues. This will mostlikely bring billions (if not trillions) of dollars into the possession in the coming years, which is anticipated to drive the cost north. In truth, trading volume exceeded UnitedStates $1.6B within minutes of releasing! Source: https://memebase.cheezburger.com/tag/bitcoin-memes If you presently own Bitcoin, the ramifications for you are that this will mostlikely lead to a cost modification (ideally up-wards), absolutelynothing else.  Will this mean we see an ATH for Bitcoin this year? Not sure yet, however intensified with the cuttinginhalf in a coupleof months time, it makes 2024 an interesting one!  Logan Paul, the popular YouTuber and social media influencer, is set to refund financiers of his CryptoZoo NFT videogame, a year after its stoppedworking release.  Today, I am extremely delighted to reveal that I am providing on my pledge to buy back Base Egg and Base Animal CryptoZoo NFTs for their initial purchase rate. This buy-back program is being brought out at https://t.co/XIQzLAGKiG. Claims can be sent through this website… pic.twitter.com/VMPDHvdXkq — Logan Paul (@LoganPaul) January 4, 2024 CryptoZoo, a play-to-earn videogame including unique animal
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