Aguofthe

Coinbase CEO Brian Armstrong highlighted the following issues with the bill:
- A defacto ban on tokenized equities.
- DeFi prohibitions, giving the government unlimited access to your financial records and removing your right to privacy.

- Erosion of the CFTC's authority, stifling innovation and making it subservient to the SEC
- Draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition
#DailyMarketOverview
$BTC $ETH $XRP

Brian Armstrong says after reviewing crypto market structure draft legislation, Coinbase "can't support the bill"
#CryptoMarketWatch
$BTC $ETH

Current situation:
1. #Stocks = Record high
2. #Gold = Record high
3. #Silver = Record high
4. Home Prices = Record high
5. Copper = Record high
6. Platinum = Record high
7. Money Market Funds = Record high
8. US Debt = Record high
9. Deficit Spending = Record high
10. Household Debt = Record high
When everything hits a record high at the same exact time, it's not a coincidence.
Fiat currencies are depreciating.
#CryptoMarketWatch

Elon Musk says Tesla Full Self-Driving will switch to a monthly subscription & remove the one-time purchase option
$TSLAX

The Supreme Court will not announce its decision on Trump's tariffs today, a move that was expected on Wednesday.
$BTC $ETH
#CryptoMarketWatch

The US Annual Producer Price Index (PPI) was announced at 3%. The expectation was 2.7%.
#FedRateCutComing
$BTC $ETH

ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows on Jan 13.
BTC: $753.73M
ETH: $129.99M
SOL: $5.91M
XRP: $12.98M
$BTC $ETH $XRP
#CryptoMarketWatch

US CPI (Consumer Price Index) came in at 2.7% year-on-year, in line with expectations.
US Core CPI (Core Consumer Price Index) was below expectations at 2.6% year-on-year.
$BTC $ETH
#CPIDataAhead

SEC Chair Paul Atkins says, "this is a big week for crypto."
"Passing bipartisan market structure legislation will help us future-proof against rogue regulators."
#PowellUnderCriminalInvestigation
#GeopoliticalRiskImpact