Week 3 | 1/16/23 - 1/21/23
By Matthew BrienenNews Flash
Tuesday 1.17.23: The metaverse community is opening up to positive news in 2023 as the Seoul Metropolitan Government launches its first public metaverse project. It will also allow the citizens to virtually go to any tourist attraction, access official documents, file complaints, and request answers on municipal tax filings. The first phase of the metaverse project consumed almost $1.6 million, according to the latest reports.
Wednesday 1.18.23: Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. At launch, 21Shares’ STAKE ETP tracks six digital assets, including BNB, ATOM, ADA, SOL & XTZ. The index will rebalance on a semi-annual basis in March and September in accordance with market shifts.
Thursday 1.19.23: National Australia Bank (NAB) will become the second of the country’s major financial institutions to launch a stablecoin, a top executive told the Australian Financial Review (AFR). The coin, dubbed AUDN, will launch on the Ethereum and Algorand blockchains later this year.
Friday 1.20.22: Nexo has reached a final landmark resolution with the U.S. Securities and Exchange Commission (SEC), the North American Securities Administrators Association (NASAA), consisting of all 50 U.S. States and three territories, the Attorney General of New York, the Texas Department of Banking, the Washington Consumers Services Division and the Alaska Division of Banking and Securities. This closes all multi-year-long inquiries into Nexo, looking at various aspects of the business, following the company’s voluntary decision to stop offering its EIP in the U.S., Nexo’s proactive exit from the U.S. market in an orderly fashion, and an agreement to pay a monetary penalty, payable over a 12-month period.
CryptoCharged Live Show Recaps
Tuesday 1.17.23: Dan Habib talks about the US debt ceiling, Bitcoin's successful year so far, manufacturing data, and upcoming big news. Matthew Brienen analyzes Bank of America's claim that CBDCs will dominate payments in the future, Nexo's lawsuit against the Cayman Islands' regulatory body for denying VASP registration, and the age range of the majority of Bitcoin holders. Dan and Matt provide a technical market analysis and show Bitcoin's next major test.
Wednesday 1.18.23: Dan discusses the Producer Price Index inflation report, retail sales, and a market overview. Matthew Brienen mentions the future of CBDCs, 1 and 3 congress members received SBF political donations, and 21SHares launches a crypto staking ETP on BX Swiss. Matthew also provides a technical analysis of the markets and discusses where we are now in the cryptocurrency market.
Thursday 1.19.23: The team showcases some rapid-fire news including the launch of a hardware wallet by 1inch Network, the new CEO of FTX stating that the crypto exchange could be restarted, and the potential outcomes of the SEC v. Ripple case. Matthew also offers technical market analysis and a different perspective on Bitcoin and other altcoins.
Friday 1.20.22: Matt explains Nexo reaching a landmark agreement with US regulators, the Federal Reserve investigating Goldman Sachs, and discussing protocol-level royalty protections with XLS-20. Matthew shares a technical analysis of the markets and altcoins that are breaking out.
