MELEGA

<p>As the new year 2024 unfolds, the crypto market sees potential for a bull run. <a href="https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00" rel="noopener noreferrer nofollow">With the Bitcoin (BTC) halving </a>around 100 days away, 11 spot Bitcoin ETF applicants, including BlackRock and Grayscale, await approval or denial from the U.S. SEC. The SEC&#39;s acceptance of 19b-4 amendments signals a step towards approving a spot BTC ETF.</p><p>However, Dennis Kelleher of Better Markets urges caution, citing potential risks for investors. As you might have guessed, he has been subjected to backlash from the crypto community.</p><p>Now, here are the top 6 most interesting stories of the week, all waiting to be discovered. Delve into the latest news you might have missed, and explore the fascinating world of crypto beyond the headlines.</p><p>For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to <a href="https://melega.finance/" rel="noopener noreferrer nofollow">visit our website</a> and follow Melega Finance (<a href="https://twitter.com/melegadex" rel="noopener noreferrer nofollow">&#64;melegadex</a>) on Twitter for more on all things cryptocurrency.</p><h2 id="header-0">TOP CRYPTO NEWS RECAP (DECEMBER 31–JANUARY 6, 2023)</h2><p>●  MicroStrategy&#39;s Michael Saylor Initiates $216 Million Share Sell-Off for Bitcoin Investment</p><p>●  IRS Enforces Reporting of $10k&#43; Crypto Transactions Starting 2024</p><p>●  SEC Approval Could Spark $10 Billion Inflows to Bitcoin ETFs, says Bloomberg Analyst</p><p>●  Vitalik Buterin Unveils Ethereum&#39;s 2024 Roadmap with Emphasis on PoS Improvements</p><p>●  Anonymous Bitcoin User Surprises Crypto Community with $1.17M Gift to Satoshi Nakamoto&#39;s Genesis Wallet</p><p>●  SEC Urges Court to Consider Terraform Labs Ruling in Binance Case</p><h3 id="microstrategy-39-s-michael-saylor-initiates-216-million-share-sell-off-for-bitcoin-investment">MicroStrategy&#39;s Michael Saylor Initiates $216 Million Share Sell-Off for Bitcoin Investment</h3><p>MicroStrategy&#39;s executive chairman, Michael Saylor, has begun selling $216 million worth of his company&#39;s shares over four months, aiming to increase his personal Bitcoin holdings.</p><p>Starting on <a href="https://www.sec.gov/Archives/edgar/data/1050446/000197185724000008/xsl144X01/primary_doc.xml" rel="noopener noreferrer nofollow">January 2</a>, he planned to sell 5,000 shares daily, addressing personal obligations while maintaining a &#34;significant&#34; stake in MicroStrategy. Saylor, known for his Bitcoin advocacy, seeks to capitalize on MicroStrategy&#39;s outperformance, having recently increased the company&#39;s Bitcoin holdings to 189,150, valued at $8.5 billion.</p><h3 id="irs-enforces-reporting-of-10k-43-crypto-transactions-starting-2024">IRS Enforces Reporting of $10k&#43; Crypto Transactions Starting 2024</h3><p>As part of the bipartisan infrastructure bill signed by President Biden, the IRS now requires reporting on digital asset transactions exceeding $10,000. The law, effective in 2024, mandates crypto brokers to provide personal information within 15 days, sparking concerns about compliance.</p><p>Coin Center&#39;s Jerry Brito <a href="https://www.coincenter.org/new-crypto-tax-reporting-obligations-took-effect-on-new-years-day/" rel="noopener noreferrer nofollow">highlights </a>the challenge of reporting for miners, validators, and decentralized exchanges, urging IRS guidance. The vagueness prompts calls for a de minimis exemption by Coin Center to streamline reporting under the expanded requirements.</p><h3 id="sec-approval-could-spark-10-billion-inflows-to-bitcoin-etfs-says-bloomberg-analyst">SEC Approval Could Spark $10 Billion Inflows to Bitcoin ETFs, says Bloomberg Analyst</h3><p>Bloomberg analyst James Seyffart suggests a 90% chance of the U.S. SEC approving a spot Bitcoin ETF, potentially attracting $10 billion in the first year. Seyffart believes the SEC is compelled to approve due to previous denials being deemed irrelevant by courts.</p><p>The decision, expected by Jan. 10, follows BlackRock&#39;s ETF filing and SEC&#39;s court loss to Grayscale. Seyffart dismisses concerns of rejection and highlights potential institutional adoption delays despite approval.</p><h3 id="vitalik-buterin-unveils-ethereum-39-s-2024-roadmap-with-emphasis-on-pos-improvements">Vitalik Buterin Unveils Ethereum&#39;s 2024 Roadmap with Emphasis on PoS Improvements</h3><p>Ethereum (ETH) co-founder Vitalik Buterin has shared the <a href="https://twitter.com/VitalikButerin/status/1741190491578810445?s&#61;20" rel="noopener noreferrer nofollow">Ethereum roadmap for 2024</a>, focusing on key aspects like the Merge and advancements in single-slot finality (SSF). Buterin highlighted the importance of SSF in addressing Ethereum&#39;s PoS design weaknesses post-Merge.</p><p>He emphasized a simplified and resilient Proof-of-Stake (PoS) consensus while acknowledging minor changes in the overall technical direction. Additionally, Buterin expressed a desire to reconnect with Ethereum&#39;s original &#34;cypherpunk&#34; vision, emphasizing privacy and peer-to-peer principles.</p><h3 id="anonymous-bitcoin-user-surprises-crypto-community-with-1-17m-gift-to-satoshi-nakamoto-39-s-genesis-wallet">Anonymous Bitcoin User Surprises Crypto Community with $1.17M Gift to Satoshi Nakamoto&#39;s Genesis Wallet</h3><p>An unidentified<a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow"> Bitcoin (BTC)</a> user sent 26.9 BTC, worth $1.17 million, to the original Bitcoin wallet created by Satoshi Nakamoto. The<a href="https://www.blockchain.com/explorer/transactions/btc/d7db4f96a4059c8906b953677ce533493d7b9da0f854a21b99f5772910dd0a31" rel="noopener noreferrer nofollow"> surprise transaction</a>, occurring on January 5, fueled speculation about Nakamoto&#39;s involvement. This came after 2 days of celebrating Bitcoin’s 15th birthday, Jan. 3, 2009, when the first block was mined.</p><p>However, Conor Grogan of Coinbase hinted at the possibility of an unusual ETF marketing scheme. The Genesis Wallet, untouched since Nakamoto&#39;s disappearance in 2010, saw its balance increase to 99.67 Bitcoin, valued at around $4.3 million.</p><h3 id="sec-urges-court-to-consider-terraform-labs-ruling-in-binance-case">SEC Urges Court to Consider Terraform Labs Ruling in Binance Case</h3><p>The U.S. Securities and Exchange Commission (SEC) is <a href="https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.202.0_1.pdf" rel="noopener noreferrer nofollow">seeking </a>a judge&#39;s consideration of a summary judgment in its case against Binance. Referring to a recent ruling against Terraform Labs, the SEC argues similarities, stating that the court&#39;s analysis of Terra&#39;s stablecoin is relevant to Binance&#39;s stablecoin BUSD and related programs.</p><p>The regulatory agency aims to use the Terra judgment as &#34;further grounds&#34; to deny Binance&#39;s motion to dismiss, filed on the grounds of regulatory overreach. Binance recently settled for $4.3 billion in a case with U.S. financial regulators.</p><h2 id="header-1">NEWS FROM MELEGA ECOSYSTEM</h2><h3 id="a-href-https-teamaffordahouse-co-uk-rel-noopener-noreferrer-nofollow-teamaffordahouse-tah-farm-pool-on-melegaswap-a"><a href="https://teamaffordahouse.co.uk/" rel="noopener noreferrer nofollow">TeamAffordaHouse (TAH) Farm &amp; Pool on MelegaSwap</a></h3><p>TeamAffordaHouse, a UK-based company, is on a mission to revolutionize the property sector by merging two lucrative investment opportunities. Their vision involves creating a unique venture where investments in their coin support the establishment of an ethical property conglomerate. This conglomerate, fueled by its own cryptocurrency token, represents a symbiotic investment model, offering investors the prospect of participating in both the cryptocurrency market and the property industry through a single innovative platform.</p><h3 id="a-href-https-babybuckcoin-netlify-app-5c-rel-noopener-noreferrer-nofollow-babybuck-bbuck-farm-pool-on-melegaswap-a"><a href="https://babybuckcoin.netlify.app/%5C" rel="noopener noreferrer nofollow">BabyBuck (BBUCK) Farm &amp; Pool on MelegaSwap</a></h3><p>BabyBuckCoin ($BBUCK) is the spirited offspring of BUCKTOKEN. With the playful charm of BBUCK and the fiery attitude inherited from ShibaInu, it&#39;s a fusion of humor, space exploration, and financial empowerment. Join the revolution and witness the rise of the only son, BabyBuckCoin, as he inherits the legacy of his father, BUCKTOKEN.</p><h3 id="">•••</h3><p><em>Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.</em></p><h3 id="trade-with-the-best-decentralized-amm-cryptocurrency-exchange">Trade with the best decentralized AMM cryptocurrency exchange</h3><p>Do you want to buy, sell, and invest in cryptocurrencies while still having 100% control of your crypto assets? If yes, then Melega Finance is for you. MelegaSwap is a leading automated market maker (AMM) decentralized exchange that offers users various options to trade and earn free tokens at high-interest rates and low charges.</p><p>At Melega, nobody manages your funds for you because you manage them directly from your wallet, while smart contracts transparently take care of everything else.</p><p>Learn More About the Melega Ecosystem</p><p>DAPP: <a href="https://melega.finance/" rel="noopener noreferrer nofollow">https://melega.finance/</a></p><p>Website:<a href="https://melegaswap.finance/" rel="noopener noreferrer nofollow"> https://melegaswap.finance</a></p><p>Crypto Services Hub: <a href="https://melega.space/" rel="noopener noreferrer nofollow">https://melega.space/</a></p><p>Telegram: <a href="https://t.me/melegacommunity" rel="noopener noreferrer nofollow">https://t.me/melegacommunity</a></p><p>Twitter: <a href="https://twitter.com/melegadex" rel="noopener noreferrer nofollow">https://twitter.com/melegadex</a></p><p>Binance Feed Page: <a href="https://www.binance.com/en/feed/profile/212703589" rel="noopener noreferrer nofollow">https://www.binance.com/en/feed/profile/212703589</a></p><p>Instagram: <a href="https://www.instagram.com/melega.finance/" rel="noopener noreferrer nofollow">https://www.instagram.com/melega.finance/</a></p><p>YouTube:<a href="https://www.youtube.com/channel/UC_kjHoXOkPSSB4HeHNZMq-Q" rel="noopener noreferrer nofollow"> Melega Finance Official</a></p>

Crypto Weekly Recap: Buterin's Ethereum Roadmap; IRS Crypto Reporting; Anonymous Gift to Nakamoto's Wallet; and More (Dec 31 – Jan 6)

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