Jan 10: Block’s S&P 500 Listing? China’s Economic Downturn, & Silk Road’s $6.5B Sell-Off
Description
Block Inc. aims to become the first S&P 500 company with a Bitcoin strategy, holding 8,363 BTC. China halts bond purchases as the yuan weakens. Hong Kong boosts blockchain adoption. Coinbase faces a CFTC subpoena. Ripple expands stablecoin listings. DOJ to sell $6.5B in seized Silk Road Bitcoin.
RESOURCES
https://www.coindesk.com/markets/2025/01/10/chinas-central-bank-halts-bond-purchases-to-support-yuan
https://fortune.com/crypto/2025/01/09/federal-government-allowed-sell-bitcoin-silk-road-courts/
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WHERE TO FIND DCN
https://substack.com/@dcndailycryptonews
https://twitter.com/DCNDailyCrypto
Trader Cobb X: @TraderCobb
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