30-09-2024

Author

Fernando Fierro
September 30, 2024

Howdy folks,

🍽️📝 CZ, former CEO of Binance, has shared his initial experiences after being released from prison. Having served three months for violating the Bank Secrecy Act, CZ now plans to focus on decentralized technologies, AI, and biotech as a long-term investor aiming for impact rather than returns.

He will also dedicate time to charitable initiatives, like the Giggle Academy, and aims to finish his book.

In other news:

🚀📈 BlackRock's Ether ETF (ETHA) has achieved a significant milestone, ranking in the top 20% of all 3,700 U.S. ETFs. This surge comes after ETHA pulled in $84.51 million in weekly net inflows, pushing its assets over $1 billion, just behind Grayscale's ETH.

With institutional interest ramping up, ETHA’s rapid growth highlights Ethereum's appeal despite Grayscale's ETHE facing significant outflows.

📈🇨🇳 Former Chinese official Zhu Guangyao has called for China to reconsider its crypto stance for a stronger digital economy, citing significant policy shifts in the U.S. and BRICS nations. This comes as a Chainalysis report reveals that Chinese OTC crypto brokers saw over $75 billion in activity in the past nine months amid economic concerns.

Guangyao emphasizes the importance of studying global trends to address both risks and opportunities in the market.

🦛🚀 Moo Deng, a memecoin inspired by a viral baby hippo, has seen stunning growth since its September launch, soaring by around 130,000% and hitting a market cap of $209 million. The token’s rise is driven by Moo Deng's online fame and heartwarming videos, turning a $1,000 investment into a potential $1.5 million.

However, the proliferation of memecoins like Moo Deng has led to concerns about high-risk investments overshadowing substantive projects.

DailyCoin Daily Meme

XRP Defies the Odds with Explosive Rally Despite SEC Pressure

XRP surges past key resistance levels, outperforming Bitcoin by 30% amid SEC uncertainty. Read the full analysis on DailyCoin.

Remixpoint Doubles Down on Crypto with $5.7M Investment into Bitcoin, Ether, SOL, and AVAX

Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.

Matrixport Acquires Swiss Digital Asset Manager Crypto Finance to Expand Its Regulated Services to Europe

Matrixport doubles down on expansion goals with the acquisition of Crypto Finance in Europe.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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