Crypto Market Update, episode 18 with “Crypto Mark” from SwapAcross (formerly X528) Date of Podcast | 14 January 2024
This is the 18th 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 ETFs Start With a Bang: $4.5 Billion on Day One of Trading” | Decrypt, 11 January 2024: https://rb.gy/o2qzf7
“How to Buy a Bitcoin ETF” | Decrypt, 11 January 2024: https://rb.gy/okbzdy
“MicroStrategy’s bitcoin is now worth $1B more than the actual company” | Blockworks, 11 January 2024: https://rb.gy/cwkswg
“NEAR Foundation Cuts 40% of Workforce” | Unchained Crypto, 12 January 2024: https://rb.gy/nmaae2
“Terra founder Do Kwon asks court to delay SEC trial for personal appearance” | The Block, 12 January 2024: https://rebrand.ly/cqydqug
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Crypto-related funding announcements
Eesee, a Dubai startup that provides sellers of digital assets, tokens, and RWAs with a gamified marketplace that they can use to sell their wares, raised a $2.85 million round from SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, and BasementDAO
[StrictlyVC, 13 January 2024: http://tiny.cc/kfw0wz]
Pontem, a seven-year-old Singapore startup whose platform enables developers to build and test applications for blockchains like Aptos and Sui, raised a $6 million seed round. Investors included Lightspeed Venture Partners, Pantera Capital, Aptos Foundation, Wintermute, Altonomy, Shima Capital, and Kraken Ventures.
[StrictlyVC, 13 January 2024; NFTgators article: https://rb.gy/tyx4e9]
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