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Show notes: https://bitcoinandmarkets.com/e148
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Overall, the altcoin bubble is extremely troubling for me. We are already going on the longest bear market cycle (if the low isn’t in), but we need to shake off the altcoins. That’s my main focus. Like I’ve said previously, ethereum is the epicenter of the deceptive marketing and hot air.
Fidelity custody
VanEck/CBOE ETF
Japan BTC/JPY briefly became the largest fiat trading pair, now down to 75% of USD volume, but up from 40%.
ETF is still submitted for Japan. Retail investors over there don’t buy ETFs, the govt does. In an interesting twist, it might be Japan's plan to buy bitcoin.
SETTLENET - Blockstream and Digital Garage form Crypto Garage. To use SETTLENET with the first application being a JPY stablecoin.
Bitstamp’s parent company Nexon is being sold Bid on by Tencent and a South Korean consortium led by Netmarble joins bidding
FED
Best Jan since 1987 in the US.The Fed was supposed to raise rates 2 or 3x in 2019 and another 2x in 2020, but they now inserted the word “patient”. It’s a big pivot.
Darknet
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@AnselLindner | @btcmrkts
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Music by TonezPro
**DISCLAIMER: This is not investment advice, do your own research.**
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