This week might prove to be a major crypto market catalyst. The Fed's FOMC meeting as well as crypto legislative progress might crash or rally Bitcoin ($BTC) and the greater crypto markets.
~This episode is sponsored by iTrust Capital~
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
~This episode is sponsored by Chart Prime~
Elevate your Trading Game with Chartprime 30% discount Link ➜ https://bit.ly/3lZvR7M

OpenAI CEO Sam Altman launched the Worldcoin cryptocurrency today (July 24), promising to provide a tool to “distinguish humans from AI,” tackle online identity challenges, and solve income inequality. Worldcoin is unique among cryptocurrencies for using a proof of personhood (also known as PoP) credential issued by a custom biometric imaging device called the Orb.

Twitter owner Elon Musk is in the process of implementing a long-awaited rebrand of the social media platform to a new super-app called “X”. “X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities,” Twitter CE Linda Yaccarino said on Sunday.

BitGo delivers security, compliance, and custodial solutions for blockchain-based currencies. Institutions are ready to re-enter the digital asset market with evolved requirements in the wake of industry upheaval in 2022. BitGo CEO Mike Belshe believes that traditional financial (TradFi) firms will remain mostly outside of crypto space.
Guest: Mike Belshe - CEO of BitGo
BitGo website ➜ https://bit.ly/BitGoCustody

The "Financial Innovation and Technology for the 21st Century Act," a 212-page bill, aims to create a crucial regulatory framework for the digital asset sector. It seeks to introduce new regulations for digital asset exchanges and provide clear guidelines for the roles of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission in overseeing cryptocurrencies. The comprehensive bill has garnered support from influential members, including Rep. Glenn Thompson (R-Pa.), Chair of the House Agriculture Committee. Rep. French Hill (R-Ark.) and Rep. Dusty Johnson (R-S.D.) are co-sponsors.
FULL BILL ➜ https://agriculture.house.gov/uploadedfiles/fit_for_the_21st_century_act_of_2023.pdf

The ongoing Bitcoin ($BTC) ETF saga has been a subject of keen interest for institutional investors who are eagerly anticipating the SEC’s approval. On this episode, we take a look at a possible timeline for approval and chances of a denial by the SEC & Gary Gensler. Guest: James Seyffart, CFA, CAIA ETF Research Analyst Bloomberg Intelligence

SEC Chair Gary Gensler has requested for a significant increase in the agency's budget, justifying his stance with concerns over non-compliant behavior in the complex crypto markets. Gensler, who delivered these remarks at the U.S. Senate Committee on Appropriations, highlighted the SEC’s enforcement division’s track record of imposing $6.4 billion in penalties and disgorgement, following 750 enforcement actions in the 2022 fiscal year.

~This episode is sponsored by iTrust Capital~
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul

The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community. We're diving into a major set of announcements on Ethereum and related EVM chains such as Polygon and Arbitrum showcased Yesterday. Notably RMRK announcemed NFTs 2.0 launching next week a major upgrade to NFT functionality.

The Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to two. One of Ripple’s integrated partners, is a key component of FedNow’s operation and has attracted the attention of the Ripple community. According to certain claims, this partnership could benefit Ripple and XRP.

~This episode is sponsored by iTrust Capital~
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul

The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. The cross-chain protocol is a collaborative effort with Swift, the renowned global financial messaging network. Dynamic NFTs will also change the way we interact with game assets.