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Ep 23 - Digital Frontiers: Bitcoin's Ascent, NFT Innovations, and Crypto Controversies
In this week's crypto roundup:
Bitcoin's Bullish Outlook: A new report from Matrixport suggests Bitcoin is set for a significant rally in Q4 2023, potentially reaching $37,000 by year-end. Factors like increased institutional adoption, improved infrastructure, and growing public awareness are driving this optimism.
NFT Developments: Meta's early access launch of Horizon Worlds on web and mobile platforms introduces a new game, Super Rumble. Meanwhile, Bitcoin Ordinals' numbering system might see a change, and Magic Eden integrates Solana's cNFTs. However, the SEC's charges against the NFT collection Stoner Cats and Atari founder Nolan Bushnell's critique of play-to-earn games remind us of the challenges in the NFT space.
Hal Finney's Legacy: A rare video from the Crypto 98 conference showcases Bitcoin pioneer Hal Finney discussing the intricacies of zero-knowledge proofs. This video serves as a testament to Finney's significant contributions to the crypto world.
JPEX Scandal: The crypto exchange JPEX faces allegations of fraud, leading to its application for deregistration in Australia. This incident underscores the importance of due diligence when investing in cryptocurrencies.
U.S. CBDC Debate: The U.S. Congress is embroiled in a debate over the potential issuance of a Central Bank Digital Currency (CBDC). While the House Financial Services Committee has approved a bill opposing the CBDC without explicit congressional authorization, its fate in the Senate remains uncertain.
These stories highlight the dynamic and ever-evolving nature of the cryptocurrency and blockchain landscape, emphasizing both its potential and the challenges it faces.
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By JessIn this week's crypto roundup:
Bitcoin's Bullish Outlook: A new report from Matrixport suggests Bitcoin is set for a significant rally in Q4 2023, potentially reaching $37,000 by year-end. Factors like increased institutional adoption, improved infrastructure, and growing public awareness are driving this optimism.
NFT Developments: Meta's early access launch of Horizon Worlds on web and mobile platforms introduces a new game, Super Rumble. Meanwhile, Bitcoin Ordinals' numbering system might see a change, and Magic Eden integrates Solana's cNFTs. However, the SEC's charges against the NFT collection Stoner Cats and Atari founder Nolan Bushnell's critique of play-to-earn games remind us of the challenges in the NFT space.
Hal Finney's Legacy: A rare video from the Crypto 98 conference showcases Bitcoin pioneer Hal Finney discussing the intricacies of zero-knowledge proofs. This video serves as a testament to Finney's significant contributions to the crypto world.
JPEX Scandal: The crypto exchange JPEX faces allegations of fraud, leading to its application for deregistration in Australia. This incident underscores the importance of due diligence when investing in cryptocurrencies.
U.S. CBDC Debate: The U.S. Congress is embroiled in a debate over the potential issuance of a Central Bank Digital Currency (CBDC). While the House Financial Services Committee has approved a bill opposing the CBDC without explicit congressional authorization, its fate in the Senate remains uncertain.
These stories highlight the dynamic and ever-evolving nature of the cryptocurrency and blockchain landscape, emphasizing both its potential and the challenges it faces.