The question is whether the participation of these financial institutions will affect the power dynamics of Bitcoin itself. As these regulated large-scale financial institutions begin to get involved, Bitcoin maximalists and degeners (who place all their wealth on the line) who place high value on resisting censorship and decentralization will become involved. Will fearless crypto traders (like those who end up losing money) have less influence over Bitcoin?
— Carefully selected what you want to read over the weekend from columns, analysis articles, interviews, etc. published this week. There are 10 books including notifications.
A new power struggle begins with Bitcoin ETFs
The presence of the crypto asset (virtual currency) community made up of major financial institutions at the World Economic Forum (Davos), held in Switzerland, highlighted the conflicts inherent in the industry.
On the one hand, there is a desire to be accepted by the business community, and on the other, there is a fear that engaging with the business community will undermine the disruptive and rebellious spirit of crypto assets. …read more
Ethereum’s upside potential boosted by Denkun upgrades and ETF potential: Analyst
Ethereum (ETH) underperformed Bitcoin in 2023 as Bitcoin (BTC) attracted investor capital due to optimism surrounding new smart contract features, NFTs, and physical ETFs.
Analysts say Ethereum remains the No. 1 smart contract blockchain, is set for major upgrades, and is widely expected to be the next spot-based ETF in the U.S., making it an investment destination. The company is likely to review Ethereum this year. …read more
Bitcoin whale: What it is and how to tell it apart[Basic knowledge]
Bitcoin whales have become some of the most important participants in the Bitcoin market, with large amounts of Bitcoin (BTC) being bought and sold, thereby significantly influencing the price.
Let’s take a closer look at Bitcoin whales, how they impact the market, and how you can spot them. …read more
Cases that will shock the world will emerge – Tax reform and DAO regulatory improvements will keep the Web3 ecosystem running: Liberal Democratic Party web3PT
Tax reform for companies that hold crypto assets (virtual currencies) issued by third parties, new community management formats that are increasingly being used worldwide,DAO (Decentralized Autonomous Organization)The “Web3 Strategy” being promoted by the government and the Liberal Democratic Party is attracting attention, including the creation of rules regarding “.
The “web3 Project Team (web3PT)” is the core organization of the Liberal Democratic Party in formulating this Web3 strategy. What kind of initiatives will web3PT take in order to further promote Japan’s Web3 strategy in 2024? We asked Congressman Masaaki Taira, the web3PT chairperson, and Congressman Hideto Kawasaki, the secretary general. …read more
Why Nomura’s Swiss subsidiary and Britain’s Brevan Howard started “Libre” – huge funds flowing into alternative assets
Blockchain-based financial transactions around the worldtokenizationtechnology andsmart contractNomura Holdings’ Swiss subsidiary has taken the initiative a step further as there is a growing push to create the next generation of cheap, automated digital financial systems. …read more
Introduction to AI tokens – Introducing the role, mechanism, and top 5 market capitalizations[Basic knowledge]
Artificial intelligence (AI) is transforming many industries, and crypto assets (virtual currencies) are no exception. With the fusion of blockchain and AI, a unique crypto asset called AI token has been created.
Here, we will explain what AI tokens are, how they work, and introduce some well-known AI tokens. …read more
Is Grayscale a takeover target? Competition for Bitcoin ETF funding intensifies
Competition for Bitcoin ETF funding is becoming fierce between BlackRock, Fidelity, and other financial institutions.
Experts pointed out that new entrants could consider acquiring “previously existing competitors” if they wanted to achieve significant growth. Yes, it’s grayscale. …read more
Should tokenization follow the “same process and same rules” as before?[Davos Meeting]
I wanted to get through Davos without touching it. Not only is Davos losing its importance, it’s also getting more boring every year.
However, such harsh judgment may be unfair. The purpose of Davos, a gathering of the world’s elite, is to invite the ultimate “influencers” to voice their opinions and address major global issues. …read more
Will tokenized assets become a means of payment?
In a world where tokenization has become mainstream and various assets are digitally represented on blockchains, tokenized assets will replace fiat currencies in everyday payments. Dew.
This is an interesting argument made recently by British digital identity (DID) and currency expert David Birch in Forbes. …read more
“Web3 Senryu Contest” winning works announced: Held at X Space
The winning entries for CoinDesk JAPAN’s year-end and New Year special project “Web3 Senryu Contest” will be announced at X Space on January 29th from 6:00 pm to 7:00 pm.
Eight special judges participated on the day, and in the first half, they announced the sponsor award, grand prize, and excellence award. Afterwards, we will discuss the prospects for Web3 in 2024. Pay attention to the screening results as well as the prospects of the eight people who are active at the forefront of the industry! …read more
|Editing: CoinDesk JAPAN Editorial Department
|Image: Shutterstock
The post New power struggle in Bitcoin ETF/Potential for Ethereum to rise[10 carefully selected books to read on the weekend]| CoinDesk JAPAN appeared first on Our Bitcoin News.