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ARE YOU READY? GET $ETTY! GO!!!
THE SEC IS READY TO APPROVE A SPOT #BITCOIN ETF
Only Days until Bitcoin ETF approval by JANUARY 10, 2024
Whether In Kind or Cash Create/Redemption.
The Spot #Bitcoin ETF WILL hold SPOT #Bitcoin ETF.
There are 3 phases to an ETF.
Phase 1: Capital Injection.
Phase 2: Holding the Asset.
Phase 3: Capital Extraction.
FIDELITY BITCOIN ETF
– A spot Bitcoin ETF will give 124M Americans immediate and direct access to Bitcoin through their brokerage accounts.
– Fidelity has 43 million brokerage accounts for customers.
– Fidelity also has a Bitcoin ETF application.
ヽ(ಠ_ಠ)ノ Clinton Donnelly @CryptoTaxFixer
This week’s episode looks into the IRS’ recent rulings on staking rewards and digital assets. Don’t forget to like and share for the latest #CryptoTax news! https://twitter.com/i/broadcasts/1LyxBnmgjqkxN
Security
“Authorized but not issued”: @Tether_to
CEO Paolo Ardoino reacts to another $1 billion USDT mint
Tether Treasury minted another 1 billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community.
https://cointelegraph.com/news/tether-1-billion-usdt-inventory-replenish
This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out.
A legal dispute in a tiny Texas town unexpectedly reveals how Chinese nationals can move money to the U.S. without drawing the attention of authorities in either country. GIFT LINK
National Review writes New York Times: Ron DeSantis Overestimated Friends, Underestimated Enemies (Fed Up Floridians: Media Overestimated the Man Whose Fascist Aspirations Fucked Up Florida, Persecuted Marginalized People While Allowing #NazisInFlorida to Flourish) #DeSaster
In the largest known political advocacy donation in U.S. history, industrialist Barre Seid funded a new group run by Leonard Leo, who guided Trump’s Supreme Court picks and helped end federal abortion rights.
https://www.propublica.org/article/dark-money-leonard-leo-barre-seid
Panasonic discloses data breach after December 2022 cyberattack