Bitcoin drops to $60,000 level to start the week: CNBC Crypto World

Summary

La criptomoneda Bitcoin experimenta una caída en su valor, situándose en el nivel de 60,000 dólares, mientras que la agencia SEC termina su investigación sobre Ethereum, lo que impacta positivamente en el mercado. La empresa de intercambio de Bitcoin defunta, Mount Gox, anuncia planes para comenzar a distribuir activos robados a sus clientes a partir de julio. Además, Solidus Labs revela su asociación con Figment, un proveedor de infraestructura de staking en cadena de bloques, y discuten las implicaciones de la seguridad y regulación en el crecimiento de la industria cripto.

Takeaways

• 📉 El Bitcoin ha caído a niveles de 60,000 dólares, iniciando la semana con una caída en los precios de las criptomonedas.
• 🗨️ El fundador de Pomp Investments, Anthony Pompano, comentó sobre la volatilidad del Bitcoin y las razones detrás de su caída en comparación con los niveles de 70,000 dólares alcanzados anteriormente.
• 💰 Los gemelos Winlos donaron 2 millones de dólares a la campaña de Trump, parte de los cuales fue devuelto debido a que sus contribuciones en Bitcoin excedieron el límite permitido por la ley federal.
• 📢 El intercambio de Bitcoin defunto, Mount Gox, anunció planes para comenzar a distribuir activos robados a clientes a partir de julio de 2024.
• 🛑 La SEC ha decidido no continuar con su investigación en la red de Ethereum, lo cual se considera una buena noticia para la adopción de la red.
• 🤝 Solidus Labs y Figment anuncian una alianza para ofrecer soluciones de staking para instituciones interesadas en la red de Ethereum.
• 🏦 La empresa de criptomonedas Gemini afirmó que donó 1 millón de dólares en Bitcoin para apoyar al nominado republicano, Tyler Winklevoss, quien se describe como pro-Bitcoin y pro-negocios.
• 🛑 La empresa bitFarms rechazó una oferta de compra de 950 millones de dólares de Riot y adoptó una estrategia de 'píldora venenosa' para evitar que una entidad tenga una participación demasiado grande en la empresa.
• 🔒 La decisión de la SEC de no investigar Ethereum se interpreta como una señal de que es menos probable que Ethereum se considere un valor variable, lo que genera optimismo en el mercado.
• 🚀 La participación de instituciones en el staking de Ethereum está aumentando, con un crecimiento exponencial en los fondos institucionales invertidos en staking entre 2023 y 2024.
• 🛡️ La seguridad en las operaciones de criptomonedas es clave, y la industria está trabajando en soluciones para detectar y prevenir fraudes y escándalos, especialmente relacionados con contratos inteligentes.

Q & A

¿Por qué el precio del Bitcoin ha caído a nivel de $60,000 al comienzo de la semana?

El precio del Bitcoin ha caído debido a una serie de factores, incluyendo el rendimiento de los inversores tras un aumento significativo, operaciones de arbitraje de diferencia de mercado y la tendencia histórica de verano a movimientos laterales en los mercados de criptomonedas.

¿Qué implicaciones tiene la decisión de la SEC de terminar la investigación en Ethereum y ConsenSys para la industria criptográfica?

La decisión de la SEC de no considerar a Ethereum como un activo de seguridad es percibida como una buena noticia para la industria, lo que puede aumentar la confianza y el crecimiento de la tecnología Ethereum sin el riesgo de futuras investigaciones.

¿Cuál es la relación entre la donación de los gemelos Winslow y el límite de contribuciones permitido por la ley federal?

La donación combinada de $2 millones de los gemelos Winslow a la campaña de Trump fue reembolsada parcialmente debido a que excedió el límite máximo permitido por la ley federal, que es de $844,000.

¿Qué planes tiene el intercambio de Bitcoin defunto, Mt. Gox, para reembolsar a los clientes afectados por el hackeo?

Mt. Gox planea comenzar a distribuir activos robados a clientes a partir de julio de 2024, utilizando Bitcoin y Bitcoin Cash, y ha establecido un plazo final de octubre 31 de 2024 para los reembolsos.

¿Por qué Riot está tratando de cambiar el directorio de bit Farms después de ser rechazado en su oferta de adquisición?

Riot busca mejorar la gobernanza corporativa de bit Farms, argumentando que hay problemas en la gestión actual de la empresa, y cree que la única forma de avanzar en negociaciones constructivas es con un cambio en la junta directiva.

¿Qué es Staking Guard y cómo se relaciona con la noticia de la asociación entre Solidus Labs y Figment?

Staking Guard es una solución de staking institucional que cumple con las regulaciones, y se asocia con Figment para facilitar la participación de instituciones en el staking de Ethereum, mitigando riesgos y cumpliendo con las normas.

¿Cómo afecta la decisión de la SEC la percepción de seguridad y regulación en el staking de Ethereum?

La decisión de la SEC de no considerar a Ethereum como un activo de seguridad puede aumentar la confianza de las instituciones en el staking de Ethereum, al reducir el riesgo de investigaciones futuras y al mostrar una tendencia hacia una mayor claridad regulatoria.

¿Cuál es el impacto de la actividad maliciosa en el sector criptográfico y cómo está cambiando en 2023?

Aunque en 2023 se ha visto una caída en los hacks, la actividad maliciosa sigue aumentando junto con el volumen y la atención en el mercado, especialmente en el ámbito de los contratos inteligentes y los scams relacionados.

¿Cómo pueden las instituciones utilizar la transparencia y la inmutabilidad de la cadena de bloques para mejorar la seguridad y prevenir fraudes?

Las instituciones pueden utilizar herramientas de detección automatizada que aprovechan la transparencia y la inmutabilidad de la cadena de bloques para identificar y prevenir fraudes y scams en tiempo real.

¿Qué papel juegan las regulaciones y la claridad regulatoria en el crecimiento y la adopción de Ethereum como tecnología?

Las regulaciones y la claridad regulatoria son fundamentales para el crecimiento y la adopción de Ethereum, ya que permiten a las instituciones y a los inversores involucrarse con mayor confianza y seguridad en la tecnología.

¿Qué es un 'pre-mine' y por qué está siendo investigado por algunos reguladores en relación con la manipulación del mercado?

Un 'pre-mine' se refiere a la fase del proceso de blockchain antes de que los bloques sean añadidos a la cadena. Algunos reguladores están cuestionando si los procesos de maximización del valor extraible (MEV), que son parte del 'pre-mine', podrían estar siendo utilizados para la manipulación del mercado.

Outlines

00:00

📉 Cambio en los precios de criptomonedas

El Bitcoin experimenta una caída en su valor, alcanzando los $60,000, mientras que el Ether y Solana también presentan descensos. Anthony Pompano, fundador de Pomp Investments, analiza las razones detrás de esta volatilidad, mencionando que el mercado ha visto varios ciclos de aumento y disminución significativos. Además, se discute la tendencia de las operaciones de trading que pueden estar influyendo en los precios y la influencia de la temporada en las inversiones. Se menciona una donación excedida de los límites federales realizada por los gemelos Winlos a la campaña de Trump, que fue parcialmente devuelta.

05:01

🔍 Investigación de la SEC sobre Ethereum

La Comisión de Valores y Emisiones (SEC) ha decidido no continuar con su investigación sobre Ethereum y la firma ConsenSys. Esto se considera una noticia positiva para el sector de las criptomonedas, ya que sugiere que Ethereum no será considerado un valor variable, lo que podría aligerar la presión reguladora sobre la red. Se discuten las implicaciones de esta decisión para el crecimiento y adopción de Ethereum, así como la percepción de la industria sobre la falta de claridad regulatoria. Además, se menciona la asociación de Solidus Labs con Figment, una proveedora de infraestructura de staking de cadena de bloques, y cómo esta alianza puede facilitar la participación institucional en el staking de Ethereum.

10:01

🛡 Desarrollo de seguridad y regulación en criptomonedas

Se analiza el estado actual de la actividad maliciosa en el ámbito de las criptomonedas, señalando que los hacks y estafas tienden a aumentar con la actividad y el volumen del mercado. Se destaca la importancia de la colaboración entre la industria y los reguladores para abordar estos riesgos y promover una mayor claridad regulatoria. Además, se menciona el aumento de las estafas de contratos inteligentes y cómo se pueden detectar y prevenir utilizando herramientas adecuadas. La entrevista concluye con una perspectiva sobre cómo la seguridad y la regulación están evolucionando para proteger a los usuarios y promover un mercado más estable.

Keywords

💡Bitcoin

Bitcoin es una criptomoneda descentralizada, conocida como la primera y más popular en el mercado. En el video, se menciona que Bitcoin ha caído a nivel de 60,000 dólares, lo que indica una caída en su valor. Este término es central para entender las fluctuaciones del mercado de criptomonedas.

💡Ether

Ether, a menudo referido como ETH, es la criptomoneda nativa de la plataforma blockchain Ethereum. En el script, se señala que el Ether experimentó una caída del 5,5%, lo que refleja su valoración en el mercado y su correlación con los movimientos de Bitcoin.

💡Volatilidad

La volatilidad hace referencia a la tendencia de un activo a experimentar cambios de precio significativos en un corto período de tiempo. En el video, se discute cómo la volatilidad es un aspecto esperado en los mercados de criptomonedas, especialmente durante los bull markets.

💡Retorno de donación

Se refiere a una situación en la que una donación es devuelta, generalmente por exceder un límite establecido. En el script, se menciona que una donación de los gemelos Winslow a la campaña de Trump fue parcialmente devuelta debido a que superó el límite máximo permitido por la ley federal.

💡Mount Gox

Mount Gox fue una antigua casa de cambio de Bitcoin que se insolventó en 2014 después de un hack que resultó en la pérdida de una gran cantidad de Bitcoin. En el video, se informa que planea comenzar a distribuir activos robados a sus clientes a partir de julio de 2024.

💡Staking

El staking es el proceso de apoyar la red de una criptomoneda al 'stakear' sus monedas para obtener recompensas. En el video, se habla de la solución 'Staking Guard' y cómo el staking está creciendo en popularidad entre las instituciones.

💡Consensys

Consensys es una empresa de tecnología blockchain que desarrolla herramientas y servicios para la plataforma Ethereum. En el script, se menciona que la SEC ha abandonado su investigación sobre Consensys y la red Ethereum, lo cual es un punto importante para la legalidad y el crecimiento de Ethereum.

💡Seguridad en criptomonedas

La seguridad en el ámbito de las criptomonedas se refiere a las medidas tomadas para proteger las transacciones y los activos de los usuarios. En el video, se discute el estado de la actividad maliciosa en el sector de las criptomonedas, incluidos los hacks y las estafas.

💡Smart Contract

Un smart contract es un programa que se ejecuta en una red blockchain, automatizando acuerdos y transacciones. En el script, se menciona que los estafadores están utilizando smart contracts para cometer estafas, lo que es un tema de preocupación para la seguridad en criptomonedas.

💡Regulación

La regulación se refiere a las leyes y reglas establecidas por las autoridades para supervisar y controlar ciertas actividades. En el video, se discuten las implicaciones de la regulación para el crecimiento y la seguridad de la industria de las criptomonedas, y cómo la claridad regulatoria puede influir en la adopción de tecnologías como el staking.

Highlights

Bitcoin's value drops to the $60,000 level, starting the week with a decline.

Defunct Bitcoin exchange Mt. Gox plans to begin distributing stolen assets to clients from July 2024.

Anthony Pompliano discusses Bitcoin's trading in the low 60s and its volatility in previous bull markets.

The Winlos twins' $2 million donation to the Trump campaign was partially returned due to exceeding federal limits.

Mt. Gox creditors are awaiting repayment of billions of dollars' worth of Bitcoin.

Riot, the last Bitcoin miner, is attempting to restructure the board of directors at bit Farms after a rejected takeover bid.

Consensus announces that the SEC is dropping its investigation into the firm and the Ethereum network.

Hen Arad of Solidus Labs discusses the implications of the SEC's decision for the Ethereum network's adoption.

Staking Guard, a compliant institutional staking solution, is announced in partnership with Figment.

The demand for Ethereum staking among institutions is growing, with a 5x increase from Q1 2023 to Q1 2024.

Regulatory clarity is seen as a positive development for the crypto industry, with the SEC's decision affecting Ethereum's status as a security.

The industry is working to provide solutions for secure and regulated staking to build confidence among institutions.

Hen Arad believes that the adoption of Ethereum staking by institutions will accelerate due to demand and regulatory clarity.

Smart contract scams are on the rise, with around 25% of new tokens on Ethereum-based chains being scams.

The industry and regulators are focusing on providing solutions and enforcement against scams in the crypto space.

The transparency and immutability of blockchain offer opportunities for automated detection of scams and cleaner markets.

Transcripts

today Bitcoin drops to the $60,000 level

to start the week defunct Bitcoin

exchange Mount gaw says it plans to

start Distributing assets stolen from

clients beginning in July and hen arod

of solidus labs weighs in on what the

sec's decision to end the investigation

into ethereum and consensus means for

the crypto

industry welcome to cnbc's crypto world

I'm Brandon Gomez crypto prices in the

red to kick off the week with Bitcoin

falling below 61 ,000 as of noon Eastern

ether dropped more than 5.5% to under

$3,300 and salana fell 4% to

$126 speaking on CNBC squawkbox this

morning pomp Investments founder Anthony

Pompano weighed in on why Bitcoin is

trading in the low 60s compared to

around $70,000 earlier this month

bitcoin's up 40% year to date it's up

100% over the last year so in terms of

volatility uh this is pretty expected

what we've seen in previous bull markets

is that there's four five six different

draw Downs of 30% or more we're down

about 15% or so so this is right within

kind of the band that you would expect I

think that what occurs is when an asset

goes up a lot people start to take

profit and so what we've seen is this

explosive rally to start the year people

naturally take some of that profit we're

also seeing a lot of uh people doing the

basis trade where they're basically

going long the spot uh market and

they're shorting Futures and so what's

that is doing is it's dampening some of

the volatility which allows for leakage

and some selling and then lastly I think

is we get to the summertime right you

see this a lot of people in the public

markets will say you know invest till

May and then go away and so you starting

to see some of that as well here where

people are seeing these really explosive

moves at the beginning of the year and

then also Q4 tends to be a big uh kind

of quarter for crypto as well and so Q2

into Q3 tends to go kind of sideways I

think that's just what we're

seeing okay let's talk about the top

stories for today the winlos twins

combined $2 million donation to the

Trump campaign was partially returned

after their Bitcoin contributions

exceeded the max allowed under federal

law a source within the Trump campaign

told us that the portion the twins

donated above the limit was refunded to

them that limit is $844,000

$600 the development was first reported

by Bloomberg now we reached out to the

Trump campaign and Senior adviser Brian

Hughes said the campaign is quote proud

to have renowned Tech leaders support

Trump and that he is ready to encourage

American leadership in crypto and other

emerging Technologies now on Friday we

told you that the founders of crypto

company Gemini said on X that they each

donated one $ million in Bitcoin to

support the presumptive Republican

nominee Tyler winkl Voss wrote that

Trump was Pro Bitcoin Pro crypto and pro

business the move came as the crypto

industry has been increasingly trying to

influence the upcoming elections with

millions in donations to crypto Focus

super packs next after years of

postponed deadlines Mount gaw said that

next month it plans to start

Distributing assets stolen from clients

in a hack the defunct Bitcoin exchange

made the announcement in this statement

today adding that the repayments will be

made in Bitcoin and Bitcoin cash a

statement said that the repayments will

be made from the beginning of July 2024

noting that time has been allotted to

ensure safe and reliable repayments to

creditors including technical remedies

for safe payments compliance with

financial regulations in each country

and discussion of repayment arrangements

with the crypto exchanges amount goau

which was once the world's largest

Bitcoin trading exchange went bankrupt

back in 2014 after a massive hack which

led to hundreds of thousand thousand of

stolen Bitcoin now creditors of the

japan-based exchange are still waiting

to get repaid billions of dollars worth

of bitcoin the repayment deadline is now

October 31st of 2024 last Bitcoin miner

Riot is looking to shake up the board of

directors at bit Farms after the Rival

rejected riots take over bid Riot

announced in a press release on Monday

that it was convening a special meeting

as bit Farm's largest shareholder in

hopes to remove the company's chairman

and interim CEO along with Aur director

of the company Riot wants to fill those

positions and a currently empty board

seat in order to fix what it claims are

poor corporate governance this attempt

from Riot to overhaul bit Farm's board

comes after the company rejected a $950

million buyout from Riot back in May bit

Farms also adopted a poison pill at the

beginning of this month allowing it to

issue more shares to prevent any one

entity from holding too large a stake in

the company in the press released today

Riot said that it had attempted to

engage constructively with bit farms for

more than a year but that good faith

negotiation simply will not be possible

until there is real change in the bit

Farms boardroom we reached out to bit

Farms about this latest development but

haven't heard back yet however in a

statement earlier this month bit Farm

said a special committee determined

Riot's proposal undervalues the company

and its growth prospects adding that

Riot continued to take action in an

attempt to thwart the interest of other

third parties all right let's focus on

the ethereum network for our main story

today after consensus announced that the

SEC was dropping its investigation into

the firm and the ethereum network crypto

world's Jordan Smith spoke with hen Arad

of solidus labs they discussed what that

decision from the agency means for the

adoption of the ethereum

network so we heard from consensus this

week that the SEC is apparently dropping

its investigation into that firm but

also ethereum broadly and that seems

like a big deal for the network can you

just talk about what this means now that

we've heard this it was uh big news a

couple of days ago when consensus uh

shared on a blog post that they received

a letter from the SEC and letting them

know that they that an investigation

against uh their uh use of ethereum has

been dropped important to say that there

isn't that much official information out

there beyond the blog post but you know

in terms of what the investigation was

why was it dropped but you know

considering the SEC is a Securities

regulator uh you know it's pretty clear

that the investigation had to do with

whether whether ethereum is a security

or not and therefore whether uh you know

dealing with it without being a properly

regulated security dealer you know would

be a an offense ER the fact that it was

dropped is you know largely perceived by

the industry has great news you know

again while the SEC did emphasize based

on various reports in its letters that

it does not uh exclude the possibility

of Investigations or actions in the

future uh you know uh the this was was

perceived as a signal that it's less

likely that ethereum would be deemed a

security which you know resulted in a

lot of optimism prices going up uh and

you know the industry uh feeling

confident that ethereum can continue

growing as a technology without the risk

of uh you know these sort of

Investigations it's important to say I

wouldn't call that you know perfect

regulatory Clarity far from it but the

way I see it and I think the way a lot

of in the industry see it it's a another

drip a of some clarity so yeah that

brings up a good point I mean a lot of

people are hopeful that we will see more

clarity but this doesn't really answer

the question about what this means for

ethereum and and when we were doing our

reporting on uh this decision from the

SEC we reached out to them and they said

to us that you know we don't comment on

investigations existent or non-existent

so we didn't really get any Clarity for

them um but for you and for solidus in

particular I'm I'm curious how you guys

are taking this news and and how what it

means for your business because you

announced uh that you're partnering with

figment which is a blockchain

infrastructure staking provider so I'm

sure this hits close to home for your

business as well how are you guys taking

this news you know staking guard which

is a uh compliant institutional staking

solution that we as you mentioned

announced this week and that we

partnered with figment on is ultimately

a response to the fact that

institutions you know globally are

interested in becoming more involved in

staking more ethereum a you know a

there's various uh there's various data

out there uh figment released uh some

information some data earlier this year

that uh the amount of institution

institutionally staked funds that is you

know that is with them as group 5x

between q1 2023 and q1 2024 uh staking

is an exciting product for a lot of way

for a lot of reasons it's a great way to

make your ethereum work for you uh and

you know generate rewards while also

contributing to the growth and security

of ethereum the foundation of web 3 but

there are still hurdles uh in terms of

uh getting this uh growth uh you know

exponential and really making

institutions feel uh more confident in

participating it and they have to do

with risk and compliance you know if I

really and that's really what staking

guard is about uh and and and you're

seeing the industry and we're very proud

to be a part of it introducing more and

more solutions and Technologies uh that

allow to enable the potential of

decentralization and the sort of

products while mitigating the risks

essentially

if you're an institution you're usually

a heavily regulated entity and uh when

it comes to offering new Services it's

very hard you know they can't really

take the approach of asking for

forgiveness rather than permission do

you feel as though it'll be a slow

trickle to get institutions involved you

talked about how big the adoption the

uptake was for figment um but in the

grand scheme of things do you think that

this will still be a slow March even

with this decision from the SEC I

actually believe that uh for various

reasons we're going to start seeing this

accelerating and uh you know one of them

of course is the demand institutions

want to do it we're seeing strong signs

of that across the board another one is

the fact that uh regulatory Clarity is

coming Regulators around the world just

like they did with centralized crypto

trading tokens Etc over the past five

years are now turning their attention to

staking it means that obviously the

industry needs to provide uh Solutions

and and explain how how we can do this

in a safe regulated and secure way but

uh it also means that that you know

Clarity would uh allow confidence

there's been a lot of interesting

regulatory developments um you know if

uh you know if ETFs for example were

approved which is a step you know which

is a step in the direction of ethereum

you know more more regulatory Clarity

and ethereum being more recognized as a

as a clear asset class um we've seen uh

you know the Department of Justice in

the US announcing its first enforcement

action around pre- chain ER activity

pre- chain meaning uh the part of the

blockchain process before the blocks are

added to the chain uh you know uh

European Regulators recently raised some

questions around whether uh me maximum

ex extractable value processes that are

also an important part of block building

uh might be uh Market manipulation

there's a lot those questions should be

perceived as an opportunity to engage

with Regulators show how we address

these risks uh and uh and and ultimately

uh lead regulatory Clarity that Clarity

ER you know ultimately

allows the kind of growth that you're

asking about that is you know ultimately

that becomes gradually exponential and

grows fast so again I don't think all of

this is going to happen tomorrow uh but

it's gonna happen faster and faster

again because of the demand because of

increased Clarity and because the

industry is working to show how this can

be done securely and safely H and we're

very uh proud to uh have a part in that

effort final question while I have you

um obviously you have your finger on the

pulse when it comes to network security

around all things hacks and malicious

activity just give me an overview of

what the state of malicious activity in

crypto is like this year hacks fell in

2023 but are they coming back as you see

them I think uh A good rule of thumb is

that uh you know when they're more when

there's more volume and there's more

activity when there's growth when prices

are higher you'll see more scams uh you

know uh Buzz fomo and just a larger

usership you know are attractive to

manipulators to scammers uh and they try

try to take advantage of uh you know the

activity in order to essentially steal

from users we have seen uh you know uh

in in various sides of the industry

growth in scams and hacks this year and

again it usually comes together with

just uh increased price and attention

you know uh one one element of uh a you

know concern that we are very focused on

is uh smart contract scams specifically

ragp scams I can tell you that uh you

know on on on some of the most popular

uh uh you know blockchains we've been

seeing a constant increase on average

you know on on any given day from what

we see around 25% of new tokens on some

of the largest uh ethereum based uh

chains

are scams but you know I also emphasize

that again this is an opportunity to for

the industry to provide Solutions those

are you know smart contract scams are

automatically detectable with the right

tools uh and regulars are also taking

notice of it and and uh enforcing more

so you know scams unfortunately are in

the grand scheme of schemes Always On

The Rise but also the ability to prevent

them and uh you know when uh Financial

activities on the blockchain there's a

lot of opportunity to use the

transparency and immutability

uh for automated detection and

ultimately cleaner

markets okay that's all we have for

crypto World we'll be back again

tomorrow and we'll see you then

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