Google Prepares for Bitcoin ETF Ads! (+3 More Market News and Ari10 Update)

What happened this week in the crypto space?

GM! This is Mateusz Kara.

And you've just found the best place in the crypto space to know more about the blockchain industry. I'm also giving you updates on my biz.

In Today's edition:

1/ Google Prepares for Bitcoin ETF Ads

2/ The Fed will cut rates

3/ JPMorgan Bets on Ether

4/ Ether ETF may emerge, but not until 2024

+ Ari10 Company Update

Sounds interesting? I think so.

Let's dive deeper into the crypto rabbit hole:

1/ Google Prepares for Bitcoin ETF Ads

While on the subject of ETFs, it's worth mentioning that Google is preparing to allow issuers to advertise ETFs on its platform.

Relevant changes to Google's policies will come into effect on January 29, 2024, allowing ads from "advertisers offering Cryptocurrency Coin Trusts targeting the United States."

We remind advertisers to comply with local regulations applicable in each area where their ads are displayed. This rule will be globally applicable to all accounts promoting these products – Google added.

2/ The Fed will cut rates

Federal Reserve has concluded another meeting. As expected, interest rates did not increase. However, the more significant insights come from the report published after the officials' meeting. This report suggests that the US monetary authorities anticipate cutting rates in the coming year. This is excellent news for the market.

Lower interest rates signify access to cheaper capital and downward pressure on the dollar. This should translate into an increase in crypto valuation.

3/ JPMorgan Bets on Ether

In its report, JPMorgan pointed out that Ether might emerge as the dark horse of the next bull run. The reason behind this expectation is the ongoing development work on the Ethereum blockchain.

The primary catalyst for the surge will be the EIP-4844 upgrade, known as Protodanksharding, scheduled to be implemented during the first half of 2024. We believe that this upgrade will likely be a significant step toward improving the Ethereum network's activity, helping Ether achieve better results – the analysts stated in the document.

4/ Ether ETF may emerge, but not until 2024

Efforts are underway to approve Ether ETFs. Invesco and Galaxy are seeking approval for the latter. The SEC has announced an extended deadline for ETH ETF decisions until February 6, 2024.

It's worth noting that the creation of the BTC ETF remains crucial. Once such a fund enters the market, the launch of its Ether counterpart will be a mere formality.

ARI10 COMPANY UPDATE ??

Ari10 joins forces with DragonDAO ??

The partnership will involve knowledge sharing and potentially introducing the Ari10 Gateway on the DragonDAO platform.

DragonDAO is a next generation launchpad for crypto projects. They redefine the investing experience, offering exclusive access to early-stage crypto projects that shape the future ??

Check out these details:

-> 7 years of experience

-> Over 50 supported countries

-> All in one user-friendly platform for private & public sale

?? dragondao.pro

We look forward to working together! ??

Ari10 Gateway is gaining momentum ??

Not so long ago, we reported record numbers of transactions per month, and now we have something equally exciting...

Well, according to the latest data, Ari10 Gateway transactions occur every 15 seconds! ?

Though it's hard to imagine such results within a year, this is the joint work of the entire Ari10 team, and most importantly, our partners and clients.

We continue to build bridges ??

P.s. If you're thinking about entering or expanding your business into Web3 then Ari10 Gateway is the right solution for you! ??

Reach out to us: https://ari10.com/gateway

And that’s all for today. Thanks for your time, investors & Crypto Geckos! ?? ????

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Thanks for your feedback and see you next week!

Mateusz Kara