GDP On-chain, US considers offshore exchanges, USDT comes to RGB cover art

GDP On-chain, US considers offshore exchanges, USDT comes to RGB

GDP On-chain, US considers offshore exchanges, USDT comes to RGB

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In this episode of Good for Bitcoin, Brandon and Kate discuss the current state of the Bitcoin market, including public companies' Bitcoin holdings and their performance. They explore the implications of economic data being verified on the blockchain and recent regulatory developments that may affect U.S. crypto exchanges. The conversation also touches on the introduction of USDT on the RGB protocol and upcoming events in the Bitcoin community.

Takeaways

  • The Bitcoin market has seen some slow news weeks, leading to price discussions.
  • Public companies are increasingly accumulating Bitcoin, with some holding significant amounts.
  • Many companies that invested in Bitcoin have seen their stock prices decline despite initial spikes.
  • The Department of Commerce is collaborating with Pith to bring economic data on-chain.
  • New regulations may allow U.S. customers to trade on international crypto exchanges.
  • Competition among exchanges is expected to increase, benefiting consumers.
  • The RGB protocol is gaining traction with the introduction of USDT.
  • Stablecoins on Bitcoin could enhance its utility in the crypto ecosystem.
  • Brandon and Kate will be speaking at upcoming Bitcoin events.
  • The conversation highlights the evolving landscape of Bitcoin and its adoption.
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