Crypto Market Update, episode 17 with “Crypto Mark” from SwapAcross (formerly X528) (CBP 419, 9 January 2023)

This is the 17th episode of the Crypto Market update with Mark Magliocco, co-founder of SwapAcross (formerly known as X528 DAO) and Allen Wazny, host of the Calgary Business Podcast and Partner/CFO of Purpose Driven Travel in Calgary.

All discussions in this episode are for informational purposes only and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services

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Yahoo Finance and Bitcoin trading charts.  As is customary, Mark opened the discussion by sharing his knowledge and understanding of reading the technical charts around the price of Bitcoin | https://finance.yahoo.com/chart/BTC-USD

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Crypto news articles discussed during this update:

Bitcoin climbs above $45,000 to 21-month peak as new year kicks off | (Reuters,2 January 2024):  http://tiny.cc/s19tvz

Celsius to Unstake $466 Million Ethereum Holdings, 'Ensure Ample Liquidity' for Creditors | (Decrypt, 5 January 2024): http://tiny.cc/k49tvz

Ether ETF likely coming, as SEC ‘implicitly’ nodded ETH as commodity | (CoinTelegraph, 4 January 2024): http://tiny.cc/4tyyvz

Fox Corporation collaborates with Polygon Labs to launch blockchain-based media platform Verify | (The Block, 9 January 2024): https://www.theblock.co/post/271288/fox-corporation-polygon-labs-verify

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Crypto-related funding announcements

Cumulus Encrypted Storage System, a Singapore-based provider of a blockchain-powered decentralized storage and CDN infrastructure for Web3, raised $8M in Series A funding led by HTX Venture, Infinity Ventures Crypto, DWF Labs, Mentha Partners, Vespertine Capital , Web3 Foundation, Singchain Investment, 7 O’Clock Capital, SolrDAO, FishDAO, OneBlock+, Winkrypto, and Polkadot Ecology Research Institute | FinSMEs article (2 January 2024): http://tiny.cc/y89tvz

Addressable, a Los Angeles startup that specializes in analyzing blockchain data to identify and categorize cryptocurrency wallet owners for targeted advertising and marketing campaigns, raised a $6 million seed extension led by BITKRAFT Ventures, with participation from Karatage as well as previous investors Viola Ventures, Fabric Ventures, Mensch Capital Partners, and North Island Ventures. (StrictlyVC, 21 December 2023) | CTech article: http://tiny.cc/ncgtvz

Metagood, a blockchain technology and digital assets company, announced the successful completion of a $5 million series seed funding round aimed at advancing its Osura marketplace, focused on art within the Bitcoin ecosystem.  The funding was led by Sora Ventures, ACTAI Ventures, Bitcoin Frontier Fund, UTXO Management, London Real Ventures, and Peach.xyz | FinSMEs article (19 December 2023): http://tiny.cc/bvmtvz

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Visit the SwapAcross website (formerly X528DAO) to learn more: ​​https://www.x528.io

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