Según CryptoPotato, el Departamento del Tesoro de EE. UU. ha adoptado una postura negativa sobre los servicios de mezcla de criptomonedas, también conocidos como servicios de mezcla de monedas virtuales convertibles (CVC). Si bien existen usos legítimos para estos servicios, como los clientes centrados en la privacidad que buscan evitar ser rastreados por herramientas de análisis de blockchain, los ciberdelincuentes también los utilizan con frecuencia. Tornado Cash, un conocido mezclador, se enfrenta actualmente a cargos en un tribunal de Manhattan que podrían resultar en una sentencia de prisión de 20 años para sus fundadores.

20 de octubre de 2023

Los aspectos más destacados del mercado semanal son una iniciativa del equipo de Binance Research para resumir la semana, resumiendo los eventos clave del mercado y las opiniones del equipo.

🔎 Macro/TradFi

Standard Chartered está preparado para introducir un servicio de custodia de criptomonedas en Dubai, Emiratos Árabes Unidos, que atenderá a clientes institucionales y respaldará Bitcoin y Ethereum.

Metamask anunció una integración con Stripe para permitir el servicio de acceso a los usuarios de EE. UU.

Después de que CoinTelegraph publicara una aclaración sobre el intercambio de noticias falsas sobre ETF de Bitcoin, Larry Fink, CEO de BlackRock, reconoció la demanda global de criptomonedas por parte de los clientes y atribuye la reciente acción del precio a una "vuelo hacia la calidad" en medio de especulaciones sobre aprobaciones de ETF de Bitcoin.

Según Foresight News, el protocolo apalancado de ETH f(x) ha adoptado el estándar Omnichain Fungible Token (OFT) de LayerZero, lo que permite a los usuarios transferir tokens fETH, xETH y FXN a través de la red Arbitrum. La acuñación y el intercambio de fETH y xETH solo se llevarán a cabo en la red principal, pero el puente de tokens entre Ethereum y Arbitrum se puede completar a través de la pestaña "puente" en el sitio web oficial.

Según Cointelegraph, OpenAI, el creador del chatbot de IA ChatGPT, se ha asociado con el grupo tecnológico G42 con sede en Dubai para expandir las capacidades de IA en Medio Oriente. La colaboración tiene como objetivo utilizar los modelos de IA generativa de OpenAI en sectores donde G42 tiene experiencia, como servicios financieros, energía, atención médica y servicios públicos.

G42 afirmó que las organizaciones en los Emiratos Árabes Unidos (EAU) y otras regiones que utilizan sus soluciones comerciales ahora deberían tener un proceso más simplificado para integrar capacidades avanzadas de IA en los negocios existentes. La compañía planea priorizar su importante capacidad de infraestructura de IA para respaldar la inferencia local y regional de OpenAI en los centros de datos de Microsoft Azure.

Según CoinDesk, el minero de Bitcoin Marathon Digital (MARA) ha anunciado que almacenará algunos de sus activos digitales con Fidelity Digital Asset, añadiendo un segundo socio de custodia en un esfuerzo por diversificarse. Anteriormente, Marathon había almacenado todos sus bitcoins con un único proveedor. Como parte de su estrategia más amplia de gestión de tesorería, la compañía ha agregado ahora un nuevo custodio de nivel empresarial como su segundo custodio. En una presentación separada, Marathon declaró que abriría una o más cuentas de activos de custodia con Fidelity.

Según Cointelegraph, Universal Music Group (UMG) ha anunciado una asociación con la plataforma social de creación de música BandLab Technologies. La colaboración tiene como objetivo promover prácticas responsables con inteligencia artificial (IA) en la industria de la música, centrándose en el uso ético de la IA y protegiendo los derechos de artistas y compositores. Michael Nash, vicepresidente ejecutivo y director digital de UMG, enfatizó la importancia del uso responsable de la IA en las herramientas de creación musical y la defensa de la creatividad y la cultura humanas.

Según CryptoPotato, Bitmain, un fabricante líder de ASIC de Bitcoin, habría despedido a cuatro empleados por filtrar información salarial y violar los "Estándares de gestión para la divulgación de información externa" de la empresa. La empresa enfatizó que los empleados no deben compartir ninguna información de la empresa con terceros sin la autorización adecuada.

Este desarrollo se produce una semana después de que algunos empleados de Bitmain expresaran su preocupación por los atrasos salariales debido a problemas de flujo de efectivo, según la información obtenida de la Comunidad Maimai, el sitio de redes laborales de China, el 8 de octubre. También señalaron que las bonificaciones de 2022 seguían sin pagarse y que la mitad del salario base de todos los empleados y los salarios basados ​​en el desempeño podrían retenerse debido a problemas de flujo de caja deficientes.

According to Cointelegraph, Meta AI has developed a new artificial intelligence (AI) system that combines a non-invasive brain scanning method called magnetoencephalography (MEG) with AI to decode imagery from human brain waves. The system can be deployed in real time to reconstruct images perceived and processed by the brain at each instant.

A demonstration of the model's real-time capabilities was showcased on X, formerly Twitter, by the AI at Meta account. The experimental AI system requires pre-training on an individual's brainwaves, interpreting specific brain waves as specific images. There is no indication that the system could produce imagery for thoughts unrelated to pictures the model was trained on.

Meta AI acknowledges that this is early work and further progress is expected. The research is part of the company's ongoing initiative to unravel the mysteries of the brain. While there is no current reason to believe the system could invade someone's privacy, it could potentially provide a quality of life upgrade for some individuals. The Meta AI team hopes that one day it may provide a stepping stone toward non-invasive brain-computer interfaces in a clinical setting that could help people who have lost their ability to speak.

According to Cointelegraph, a bipartisan parliamentary committee in the United Kingdom has called for action to protect creators from potential copyright violations related to nonfungible tokens (NFTs). The committee also requested the government to address possible harms caused by sporting groups issuing digital assets. The members of the committee believe that the most pressing issue is the risk to the intellectual property rights of artists due to the ease and speed at which NFTs can be minted.

In other NFT news, Yemel Jardis, the executive director of the Decentraland Foundation, shared his thoughts on the NFT market slump with Cointelegraph. He believes that as more community education on NFTs takes place, the focus will shift from speculative trading to genuine utility. According to Jardis, a steep decline in NFT prices should not be seen as a sign of distress, but rather as an indication that the market is maturing.

Additionally, the Ethereum wallet MetaMask, popular among NFT collectors, was briefly removed from Apple's App Store on October 14. This raised concerns over a possible permanent removal from the marketplace. At the time, Apple users were also unable to download the application from the MetaMask website. Some speculated that Apple's terms of service were behind the app's disappearance, as the App Store's rules prohibit apps running unrelated background processes, such as cryptocurrency mining.

According to CoinDesk, a CNBC report has revealed more information about Jimmy Zhong, who was arrested last year for stealing over 50,000 bitcoins from the Silk Road marketplace. The case was reopened when Zhong called emergency services in Athens, Georgia, to report that hundreds of thousands of dollars worth of cryptocurrency had been stolen from his home. After some investigation, the U.S. Department of Justice (DOJ) arrested Zhong and seized one of the largest-ever amounts of cryptocurrency from an individual.

Before his arrest, Zhong was known for hiring private jets, throwing lavish parties, and gifting his friends thousands of dollars. He was charged with wire fraud and, after pleading guilty, was sentenced to a year and a day in federal prison. He also forfeited his bitcoin. Zhong, now 33 years old, began his sentence at the federal prison camp in Montgomery, Alabama, on July 14, 2023. Zhong's attorney, Michael Bachner, told CNBC that the government has not been hurt by his client's actions. He pointed out that if the government had seized the 50,000 bitcoins at the time of Silk Road operator Ross Ulbricht's arrest, they would have sold them for about $320 per coin, or roughly $14 million. However, due to Zhong's actions, the government has made a $3 billion profit.

According to CoinDesk, the U.S. Federal Deposit Insurance Corp. (FDIC) has been criticized by its inspector general for leaving banks under its supervision unprepared to navigate the regulator's crypto expectations. As a result, the FDIC has agreed to develop a new strategy by January. The Office of the Inspector General for the FDIC found the agency's performance in preparing the industry for crypto risks to be lacking, according to a report issued on Wednesday.

The report concluded that the FDIC's lack of clear procedures causes uncertainty for supervised institutions in determining the appropriate actions to take. The agency also hadn't concluded its effort to assess whether it could head off systemic banking dangers from crypto. The inspector general noted that the FDIC told some banks to pause their crypto activities last year and this year, but then it didn't tell the banks how long they'd be paused or how it might end.

The FDIC has been suspicious of the digital assets industry and has leaned toward shielding the banking system from deep involvement with crypto. This stance has been felt acutely by crypto businesses struggling to find and maintain banking relationships in the U.S. The agency agreed to inspector general recommendations that it come up with a plan and schedule for figuring out the risks cryptocurrency activity poses to lending institutions, and that it also clarify its process for the crypto reviews at individual banks.

According to CoinDesk, the U.S. Federal Deposit Insurance Corp. (FDIC) has been criticized by its inspector general for leaving banks under its supervision unprepared to navigate the regulator's crypto expectations. As a result, the FDIC has agreed to develop a new strategy by January. The Office of the Inspector General for the FDIC found the agency's performance in preparing the industry for crypto risks to be lacking, according to a report issued on Wednesday.

The report concluded that the FDIC's lack of clear procedures causes uncertainty for supervised institutions in determining the appropriate actions to take. The agency also hadn't concluded its effort to assess whether it could head off systemic banking dangers from crypto. The inspector general noted that the FDIC told some banks to pause their crypto activities last year and this year, but then it didn't tell the banks how long they'd be paused or how it might end.

The FDIC has been suspicious of the digital assets industry and has leaned toward shielding the banking system from deep involvement with crypto. This stance has been felt acutely by crypto businesses struggling to find and maintain banking relationships in the U.S. The agency agreed to inspector general recommendations that it come up with a plan and schedule for figuring out the risks cryptocurrency activity poses to lending institutions, and that it also clarify its process for the crypto reviews at individual banks.

According to CoinDesk, the U.S. Federal Deposit Insurance Corp. (FDIC) has been criticized by its inspector general for leaving banks under its supervision unprepared to navigate the regulator's crypto expectations. As a result, the FDIC has agreed to develop a new strategy by January. The Office of the Inspector General for the FDIC found the agency's performance in preparing the industry for crypto risks to be lacking, according to a report issued on Wednesday.

The report concluded that the FDIC's lack of clear procedures causes uncertainty for supervised institutions in determining the appropriate actions to take. The agency also hadn't concluded its effort to assess whether it could head off systemic banking dangers from crypto. The inspector general noted that the FDIC told some banks to pause their crypto activities last year and this year, but then it didn't tell the banks how long they'd be paused or how it might end.

The FDIC has been suspicious of the digital assets industry and has leaned toward shielding the banking system from deep involvement with crypto. This stance has been felt acutely by crypto businesses struggling to find and maintain banking relationships in the U.S. The agency agreed to inspector general recommendations that it come up with a plan and schedule for figuring out the risks cryptocurrency activity poses to lending institutions, and that it also clarify its process for the crypto reviews at individual banks.

According to CoinDesk, bear markets provide an opportunity for firms to build and position themselves for the next bull run. As a result, features that were once cutting-edge become standard in the next cycle. Crypto exchanges can no longer simply facilitate buying and selling cryptocurrency; they must evolve beyond being mere asset marketplaces, particularly with the rise of decentralized finance (DeFi). Instead, they should construct portals to an entire financial universe.

The opportunity is significant as Gen Z comes of age with crypto familiarity and eagerness to invest. A recent survey by the FINRA Foundation and the CFA Institute found that 44% of Gen Z investors started investing by purchasing crypto, while 32% started with stocks and 21% with mutual funds. Additionally, 65% of Gen Z investors use financial apps and pay attention to their guidance.

Crypto platforms offering 'investment as a service' can take cues from traditional finance giants like Vanguard to welcome the next generation to a home base for wealth development. However, early attempts in this area have been hindered by U.S. regulations, with crypto exchanges no longer able to offer debt-based yield services or retail-friendly staking services.

A compliant path forward involves proactively cooperating with the Securities and Exchange Commission and relying on robust custody partnerships, including tools like separately managed accounts. Direct indexing platforms are the next step to wide adoption of long-tail digital assets beyond bitcoin and Ethereum. Indexes allow for efficient asset allocation, risk management, product development, and performance measurement, enabling crypto to evolve into an institutional financial market.

Advisers will play a crucial role in simplifying Web3, managing client inventory, and maximizing yield with the inevitable proliferation of on-chain protocols, products, and decentralized apps. However, what is missing in the U.S. is regulatory support and index adoption that captures the more nuanced and differentiating aspects of crypto markets, such as proof-of-stake reward rates. While U.S. regulators are hoped to provide clear guidelines, innovation will continue with or without them.

Fellow Binancians,
Binance will open trading for the ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY and MATIC/FDUSD spot trading pairs at 2023-10-19 08:00 (UTC).
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Start Trading on Binance Spot Now!
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TRY is a fiat currency and does not represent any other digital currencies.Users will enjoy zero maker fees on FDUSD trading pairs until further notice.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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Binance Team
2023-10-18

According to Cointelegraph: Bitcoin's price is predicted to hit at least $128,000 by the conclusion of 2025, according to various analytics models. Renowned trader and analyst, CryptoCon, proposed this lofty two-year target on Oct. 17 via X (formerly known as Twitter).

The Bitcoin market forecasts differ regarding the cryptocurrency's price trajectory following next year's block subsidy halving. However, CryptoCon maintains a bullish long-term outlook, with figures around $130,000 emerging as the most popular prediction.

BTC price model data. Source: CryptoCon/X

Forecasts based on multiple Bitcoin price cycles, as well as their peaks and troughs, all point to the $130,000 mark. As CryptoCon notes, early tops in each price cycle, as well as the cycle top constituting new all-time highs, reaffirm this expectation.

The analyst further elaborated that early tops, on average, occur within a three-week frame around July 9, and all-time highs tend to materialize within three weeks around Nov. 28.

CryptoCon devised this prediction by using simple diagonal trendlines from the first early top. The resulting calculation identified the price of the last two cycle tops accurately and suggested a price target of around $138k for the current cycle.

Despite being open to lower prices, CryptoCon's analysis predominantly favors a $130,000 target for Bitcoin during this cycle. According to the model's timeline, 2025 should witness the peak of the next cycle, almost double the current 2021 record.

These four-year halving cycles have shaped the viewpoints of many notable Bitcoin market commentators. Among them is analyst Rekt Capital, who anticipates new local lows in the pre-halving year 2023 before the bull market peaks. In the past, Rekt Capital cautioned about possible price downturns with highs of $32,000 forming a double-top pattern.

As Rekt Capital explains, downturns "should be treated as an opportunity for re-accumulation," suggesting that while the current pattern favors bears, bulls should still view any lows as investment opportunities.