On Saturday night, January 20, three important news broke out in the crypto market, which made people feel mixed emotions; two were positive and one was neutral. What happened? Let’s get straight to the point:
1. SEC (U.S. Securities and Exchange Commission) freezes church assets for selling unregistered "God-backed" cryptocurrency!
Colorado pastor Eligio “Eli” Regalado and his wife Kaitlyn are facing legal action for allegedly defrauding investors of millions of dollars through the sale of an unregistered cryptocurrency token called INDXcoin.
The couple raised about $3.2 million for their online church, Victory Grace, by selling the tokens, which were billed as a “God-backed” digital asset for devout Christians.
2. World Economic Forum 2024: The future direction of virtual assets and tokenization!
The World Economic Forum (WEF) in Davos-Klosters, which will be held from January 14 to 19, 2024, brought together the most influential people in politics and business to discuss upcoming trends in the business world, and it was only a matter of time before the topic of “tokenization” would be mentioned.
3. Bitcoin blockchain sets a new record: NFT sales exceeded US$881 million for the first time in December 2023!
NFT sales on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time.
Specific data shows that the NFT sales on the Bitcoin chain reached $881 million last month, setting a record for the highest single-month sales to date. This includes 111,713 buyer addresses and 98,744 seller addresses, both of which set the highest single-month record to date.
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