Bitcoin

Elon Musk

<p>Watcher Guru’s Twitter account <a href="https://x.com/WatcherGuru/status/1741675379780194740?s=20" target="_blank" rel="noopener noreferrer nofollow">posted</a> a recap of the major crypto events in 2023. By all accounts, it was a turbulent but monumentally important year for the crypto space.</p>
<p>A major early victory was a US judge ruling that XRP is not a security. This removed a dark regulatory cloud that had been hovering over Ripple for years. In another big win, the $10 trillion asset manager BlackRock officially filed for a Spot Bitcoin &amp; Ethereum ETF. BlackRock CEO Larry Fink reinforced the company’s crypto commitment by stating that Bitcoin is “digital gold” and “an international asset.”</p>
<p>The year also saw several stunning falls from grace. Sam Bankman-Fried, once the darling of crypto, was found guilty on all charges related to the collapse of FTX. In the wake of advertiser boycotts, Elon Musk memorably told his detractors to “go fu*k yourself.”</p>
<p>On the geopolitical front, Russia decided to transition away from using US dollars and instead settle trade with Asia, Africa and Latin America in Chinese yuan. This was an early sign of the dollar’s waning influence. China also saw the yuan overtake the dollar as the most-used currency in its cross-border transactions for the first time in history.</p>
<p>There were major C-suite shakeups as well. Changpeng Zhao (CZ) unexpectedly resigned from his position as Binance CEO. In the aftermath of its <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> delisting controversy, Coinbase announced it would relist the token.</p>
<p>Some crypto companies saw far worse fates. The CEO of a Turkish crypto exchange was sentenced to over 11,000 years in prison for stealing $2 billion in customer funds. And in the US, the SafeMoon founders were arrested on allegations of orchestrating a massive fraud.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Don’t Sleep on this Explosive Crypto Airdrop!&nbsp; <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>Install the <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Getgrass" href="https://captainaltcoin.com/go/getgrass/" data-shortcode="true"><strong>GetGrass extension</strong></a> ASAP – the more points you score, the bigger your free crypto payoff! This red-hot airdrop could set you up for the future, but only if you <strong><a href="https://captainaltcoin.com/go/getgrass/" target="_blank" rel="noopener noreferrer nofollow">take action</a></strong> right now!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>On the regulatory front, there were some positive developments. The SEC dropped its lawsuit against Ripple executives, Grayscale won its lawsuit against the SEC, and Coinbase sued the SEC seeking greater regulatory clarity.</p>
<p>By year’s end, the stage was set for crypto to continue its integration into mainstream finance and society. The UK government unveiled plans to become a global crypto hub. And El Salvador went as far as eliminating all taxes on crypto innovations, property and income.</p>
<p>After the volcanic year that was 2023, the crypto landscape looks vastly different. But according to Fed Chair Powell, cryptocurrency still “appears to have staying power as an asset class.” Only time will tell what’s in store for 2024 and beyond.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/litecoin-ltc-expected-to-spike-200-in-january-if-this-happens/" target="_blank" rel="noopener noreferrer nofollow">Litecoin (LTC) Expected to Spike 200% in January If This Happens</a></li>
 <li><a href="https://captainaltcoin.com/weekly-analysis-of-memecoins-pepe-vs-rebel-satoshi-vs-dogecoin/" target="_blank" rel="noopener noreferrer nofollow">Weekly Analysis of MemeCoins: PEPE vs. Rebel Satoshi vs. Dogecoin</a></li>
 <li><a href="https://captainaltcoin.com/arbitrums-arb-silence-finally-coming-to-an-end-but-breakout-of-this-zone-is-crucial-to-major-price-increase/" target="_blank" rel="noopener noreferrer nofollow">Arbitrum’s ARB Silence Finally Coming to an End but Breakout of This Zone Is Crucial to Major Price Increase</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/heres-the-recap-of-2023-in-the-crypto-and-bitcoin-industry/" rel="noopener noreferrer nofollow">Here’s the Recap of 2023 in the Crypto and Bitcoin Industry</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here’s the Recap of 2023 in the Crypto and Bitcoin Industry

İçindekiler

CaptainAltcoin

1 Oca 2024 tarihli diğer yazılar

Top cryptocurrencies to watch this week: BSV, BCH, FTT

Bitcoin and Altcoins: A Look at the Current Market Situation

Advancements in AI Regulation: The European Union’s Legislative Progress

Tellor’s TRB liquidations soar to $70m amid market manipulation concerns

ChainGPT Pad's Weekly Roundup 12.23. - 12.29.

Year in Review: BlockchainReporter’s 2023 Crypto Bulletin

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!