Jan 10: Block’s S&P 500 Listing? China’s Economic Downturn, & Silk Road’s $6.5B Sell-Off

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://cryptonews.com/news/block-poised-to-be-first-sp-500-company-with-explicit-bitcoin-strateg/?feed_id=10871&_unique_id=6780b70087409

https://www.coindesk.com/markets/2025/01/10/chinas-central-bank-halts-bond-purchases-to-support-yuan

https://www.theblock.co/post/333981/hong-kong-introduces-supervisory-incubator-to-guide-banks-in-blockchain-adoption?utm_source=rss&utm_medium=rss

https://www.theblock.co/post/333920/coinbase-subpoenaed-by-cftc-in-polymarket-investigation-alerted-users-via-email?utm_source=rss&utm_medium=rss

https://www.theblock.co/post/333889/ripple-stablecoin-exec-outlines-next-steps-for-listing-rlusd-on-additional-exchanges-including-coinbase?utm_source=rss&utm_medium=rss

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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