Goldilocks’

Goldilocks’ Comments and Global Economic News Wednesday Evening 1-3-24

Good Evening

SEC may notify approved ETF issuers by early next week, ahead of the January 10 launch: Reuters

“Asset managers who met their end of year deadline may be able to launch by the Jan. 10 decision deadline, according to Reuters, citing people familiar with the process. Those include the aforementioned firms, along with Valkyrie, Bitwise, WisdomTree, Franklin Templeton, BlackRock, VanEck, and Invesco.”

These are some big names in the investment field. Companies like these individually have the ability to move the markets in and of themselves. Here, we have seven of them pledging to support the new “spot Bitcoin ETF.” This is an asset that will be placed in Global Markets around the world to shift our economy into the digital space.

A wave of buying is expected when this decision comes out on January 10th, 2024. Not to mention all the money these companies will place inside this one asset supporting movement upwards in the crypto space due to the acceptance of Bitcoin serving as a bridge into the new digital asset-based trading system whereby tokenized assets will become the norm.

This shift into a digital economy will bring with it a lot of liquidity from those who have been investing outside of the Financial System anticipating this move into the markets. The Block Link

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A short video celebrating Bitcoin’s 15th birthday. https://t.me/c/1545617426/73568

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Bitcoin Price Falls Amid Speculation of ETF Rejection

https://watcher.guru/news/bitcoin-price-falls-amid-speculation-of-etf-rejection

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Bitcoin price spike above $45,800 caused over $73 million in short liquidations The Block Link

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Jamie Dimon Slammed For Strong Anti-Bitcoin Stance As JPMorgan Bags Role To Buy BTC On Behalf Of BlackRock’s ETF ZY Crypto Link

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JUST IN: Senior Bloomberg Analyst says “we have heard nothing to indicate anything but approval” for Spot Bitcoin ETF. @WatcherGuru

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We are going to hear information going back and forth all the way up until January the 10th on spot Bitcoin ETF.

It is a game-changing asset that transitions our economy into digital frameworks moving us deeper into a tokenized asset market.

Look for gold to be doing some shifting around during this time and evaluating its position going forward.

The Block Link
CryptoPotato Link
CoinTelegraph Link

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“U.S. SEC votes to advance stock market overhaul proposals”

Quietly, the SEC finished their reforms on the Global Markets allowing an open market system to determine prices going into 2024.

The markets will be utilizing a “Price Discovery Process.” These new price discoveries on assets going forward will be determined by buyers and sellers more so than a manipulated process.

In other words, our markets have been positioned to allow free trade to become possible along with prices on the market to move into real values.

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Goldman Sachs (GS) Eyeing Bitcoin ETF Role Via BlackRock (BLK), Grayscale (GBTC): Sources
Coin Desk Link

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EV Battery Materials and Related Technologies Set to Fuel the Electric Vehicle Battery Market to $93.94 Billion by 2026: BIS Research PR Newswire Link

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IRS rules require reporting data from $10k crypto transactions in 2024
https://cointelegraph.com/news/irs-rules-10k-crypto-transactions-2024

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