 Welcome to Digital Asset News, the top stories in cryptocurrencies digital assets and break up down to bite-sized pieces today. A continuation of what is going on with Ripple and the XRP lawsuit versus the SEC. First up, Coinbase says it now has regulatory approval to list security tokens. Now, this is an old article from July 17, 2018, but it plays right into the hands of what the SEC just released today. All right, Max Kaiser was on Stansbury Research and he said some of the most savage, funny things about Peter Schiff and the learning curve of Bitcoin and how it corresponds to Michael Saylor and Elon Musk. Now, we're getting all that, but let's continue on with the 12 days of Christmas. And we are on the 23rd, where some lucky person is going to win a bitcoin.com exchange bitcoin cash with a hundred dollars. And to do the giveaway, I've invited the director of the bitcoin.com exchange, Danish Chaudhury, to do the honors. So let's jump in the office and have a talk. Hi, everybody. Welcome back to the office. So thankfully, I got Danish Chaudhury here. He is the head of bitcoin.com exchange and he is the one that is responsible for giving us a hundred dollars with the bitcoin cash. So, Danish, thanks for, first of all, thanks for donating. I really appreciate it. And tell us about bitcoin.com exchange. Thanks. Yeah, we're a spot in margin exchange. That's grown exponentially since last year. We've done quite a few new things. We launched Tari's token this past September on our IEL. And yeah, we've been growing. We're expanding. And yeah, we're looking forward to 2021. So I hear there's some pretty cool things coming up in 2021, some new features, whatever those are, and some new geography. So could you tell us about that? We're expanding. We're bringing the localized experience to a lot of new places. You'll hopefully hear a lot more about it in Q1. Can't say too much right now. I don't want to spoil the surprises. Son of a gun. All right. Well, maybe at some point, you'll let us all know exactly what's going to happen. Okay. So for you watching, we're doing a live from here. All you got to do is there is a link to the bitcoin.com exchange in the description below. I want you to click on that link if you don't have access already. If you do, I need you to go to the bitcoin.com exchange. The link, of course, is below. Tell us the three banners that are on top. Just a brief description of what they are in the chat, which will be right over there to the right. And the first person that tells us those three banners will be the winner for the Bitcoin Cash giveaway, $100. So go ahead and do that now. And that is it. Danish, anything else for us? Let's see. Thanks for having us. Looking forward to the holidays and looking forward to 2021. Happy holidays, Danish. Appreciate it. All right. So since we are doing a live from here, don't forget if you have a bitcoin.com exchange username and password, just go ahead and go in there. Tell us the three banners that are on top. If you don't use the description that is in the link below, which is right underneath this video, should be the very first one. Sign up real quick, jump in there and tell us what it is. And I'll be picking it for the first person who can tell me those three banners. All right. Let's jump into today's market. So today is December 23rd. It's about 3 p.m. I'll pass with Texas time. So what do we got? Well, it looks like Bitcoin is kind of fluctuating. Not too bad though. 23.2 just down less than a percentage. But again, for seven days, 20% can't beat that. Ethereum dips low for 600. Don't like to see that, but what are you going to do? Down 4%. Heather, XRP. Well, look, let's look at the bright side. I get to finally say my joke again. XRP is pig of the quarter. Now look, look, I know you're upset. If you're holding XRP and you're like, this is going to be the greatest one, it is what it is. And I don't know where it's going to go. And we're going to talk about some things later on. But you have to understand that you can't get emotionally invested into any one trade, any one token, any one investment. So this is going to be a long drawn out process. It's going to be the SEC versus Ripple. It's going to take a long time. It could be just something as like a slap on the wrist and we all move on. It could be something like they just say, yeah, we're just going to dismiss it or it could be something even more severe. And it goes across the entire spectrum of the cryptocurrency market. I don't know. Only time will tell. But me personally, if it goes down in the 10, 9, 8 cents range, what I will be doing is I will be selling because I could use the enormous tax write off that would garner me. And I will take that and I will probably buy it right back up at whatever price point it is. But if it gets below a dime, that's what I'm going to do because tax benefits, I mean, I just can't beat that. All right. Litecoin down 6%, up 30% for the week though. Hey, above 100 can't beat that. Bitcoin Cash for one of you lucky winners. How are you going to get about a third of a Bitcoin Cash? Let's see. What else we got? Jeez, chain links down 12%. What the heck happened? You know, it's amazing. You have one issue with one cryptocurrency and it dragged everything else down. I don't understand why EOS will be down or NEM or Tron or anything else. That's ridiculous. There's no reason for that. Except for Theta's up. Good for you, Theta. And Celsius. Look at that $3, pretty good. Synthetic's up. You know, the same players that are always up. Just look at the ones that are making it. Synthetic's nice little DeFi project. Theta Network, I mean, pretty great because we're all going to need streaming services. Celsius has a solid one with their loans and APY. And then where's Monero? Of course it's up because everybody likes privacy. So just always take a look at what is continuously up. All right. Let's see how you would have done if you just would have invested into Bitcoin and nothing else. So not too hot. No, 1.9 for Monero. Monero seems to have been beating Bitcoin for quite some time. Also Celsius and Theta. And that's really bad. Wow, Zillica. Woo, Zillica. I got to look at that. I say that every time. I just don't do it. I used to own Zillica. I just got rid of it. But don't sleep on it. It could be very huge. All right. That's it for that. Let's jump into today's top stories. So first up, this is sent to me by XRP CryptoWolf, XRP CryptoWolf. I appreciate it. This was pretty great. It's an old article. But it's one of the fears that people have. They go, well, look, we just talked about this today. Bitwise, liquidated their crypto fund, the XRP aspect of it, which it wasn't that much. It was like about 3%. And they're not going to offer it again because they go, we don't know what's going to happen. So the big thing is they said, we can't do this because we don't know what's going to happen with XRP. Isn't we dealing with security or not? It doesn't matter what you think. It's really what the SEC is going to decide and how they're going to give out those penalties. So this is good news from back in the day. And it's going to tie into what's happening right now, obviously. US Cryptocurrency Exchange Coinbase, which not my favorite, has received regulatory approval to acquire several securities firms, a move that could eventually see it supporting trading in tokens deemed as securities. The Financial Industry Regulation Authority, FINRA, has approved recently revealed acquisition deals for currently regulated firms. And this is the crux. As reported by CoinDesk, Coinbase's CEO and President, Asif Hirji, I think I nailed it, indicated that through the acquisitions, the exchange is seeking licenses as a broker dealer. Remember that word, broker dealer an alternative trading system and a registered investment advisor. Why is that important? It's because today the SEC put out this press release and they state the commission's position is that for a period of five years, a broker dealer operating on their circumstances set forth in a statement will not be subject to a commission enforcement action on the basis that the broker dealer deems itself to have obtained and maintained physical possession or control of customer fully paid and excess margin digital asset securities. So for everybody who was worried about Coinbase potentially delisting XRP, looks like they're okay. Now, there are other exchanges that do not have this privilege and I believe that they will be delisting XRP. So just await for that to happen because it is going to happen and the price is going to continue to fall. I don't know how far it is but that is what I see that is going on. Let me know what you think of the comment section. Let's move on. Last up, I was watching this because it's just so funny. I forgot how funny Max Kaiser is and he really is a pretty entertaining guy. So here we have Max being Max and the question comes down to what's the learning curve like for all these people because they're going to talk about Michael Saylor, how long it took for him and Elon Musk and then they're going to get into Peter Schiff which I said I would never talk about him on the show ever again but this one was pretty special and I had to break my own rule just take a listen. In your opinion. I know you didn't speak to Elon Musk directly but where do you think it lies? Right. Well the learning curve for Bitcoin everyone is on it at their own speed. So for me I got it in 2011. Michael Saylor was looked at in 2013. He didn't understand it. It took him five or six years to really figure it out. We've got Elon Musk is now looking at it and because he's a smart guy he'll get orange pill as we call it and he'll understand what's going on here and he'll jump in. Peter Schiff you know he's in denial basically. He's a fiat money addict and like a heroin addict or a drug addict you can't do anything about it until Peter Schiff bottom. See until he hits fiat money bottom he's not going to be able to help himself and there's nothing anyone can do to help Peter Schiff. You know he has to hit bottom. He has to realize he's been dead wrong for the 10 years I've been telling him to buy Bitcoin since it was a dollar. I was at his house in Westport Connecticut over Christmas a few years ago when it was under $100. I begged him and his son who heard about it was now buying Bitcoin and I told him to buy it a thousand. I've been telling him to buy it for 10 years but he hasn't hit bottom yet and it's very very sad to see somebody like that destroy their life destroy their career but that's some people are there they just can't get it they can't get it they can't they can't they can't get Bitcoin sober so that's what oh that was so funny he says I can't get Bitcoin sober that's pretty good so then Daniella here she's gonna ask him about debating Peter Schiff and she'd love to have it and what Max says here it almost makes it almost let me remind you makes me feel sad for Peter. Tation I'd love to have you and Peter Schiff both on I've debated him several times I know I know but I just mean as a moderator it's like he doesn't have any arguments he's never studied even for five minutes anything about Bitcoin he cannot make an intelligent argument about it he simply says he just mouths you know plot it to he just says silly things and he just he's an addict it's like arguing with a heroin addict to take the needle out of your arm Peter it's a really bad idea he goes no just one more shot one more shot just one more shot but there's no way you can get someone like that to come around and help themselves you know sometimes you know some of us have to die you know so that others can die you know we can't think overly sentimental about Peter Schiff if he wants to go down with the fiat money ship there's nothing we can do about it I'm not going to be I'm not going to I've spent all the time I'm ever going to spend trying to help Peter Schiff from obliterating his career and his life and I'm not going to spend any more time on Peter Schiff I got 10,000 people in my telegram group from all over the world who are buying $10 and $20 of Bitcoin every day and their lives are improving they're supporting their families they're getting an education they're escaping the hyperinflation in Venezuela and they're escaping poverty in Cuba those are the people we need to focus on don't focus on this bloated fiat money idiot who is simply trying to get attention by pretending to be even stupider than he really is all right okay it's a perfect example I mean first of all it's very funny but second of all it's very serious and it's very serious because of this I feel like and if you're a gold bug listen to this look ladies and gentlemen I own gold and silver and Bitcoin and what Max just said there really hits home because when you have people who are in destitute are in third world countries and they have no access to anything as far as like investments but they can get their hands on Bitcoin and they're able to put money into it that's what's saving them right now not only that because of all the difference fiat that's on fire throughout the world so they're doing that it's actually appreciating and value greatly that's a great thing and not just in those worlds but like even in first world countries I mean there's there's poor middle class upper middle class upper class it doesn't matter people who put money into Bitcoin are on average way ahead of people who have put money into gold and some in stocks I will say so I feel like when you got like a Peter Schiff who's just out there who's really just talking about gold or precious metals or nothing and Bitcoin's going to zero I mean prime any Christmas just like Max said he goes I told him to get a hundred I told him to get a thousand I told him to get our 10,000 now here we are and he could have been doing the same thing how many people has he duped out of getting into Bitcoin and frightening them just because he's like you know what precious metals are the only way and Bitcoin's going to zero he's been doing it for a decade a little bit shorter it doesn't matter it's been a long time and that I think is financial disservice to so many people that really could have benefited and I feel sorry for those people all right so that is it oh I take that back there's one more thing we have to talk about which is the winner for yesterday's Unstoppable Domains Drawing so this is kevinconner.crypto and this is the actual movie that Zaji did to give the Bitcoin a hundred dollars of Bitcoin into Kevin Conner's wallet and to her address and off it goes send bang bang boom very easy also the other winner was Rafael Machado from nftdesign.crypto don't have the video for that but Rafael it should be in there it does not let us know and that's all so thanks for sticking with me to the end I really appreciate it if you like these types of videos the tumor is going to pop up to your left and right but YouTube did their magic with that and that is all for today so thanks for hanging out with me and the live from here and good luck to you for the Bitcoin cash I'm sure we've already drawn the name so that is it for today thanks so much and I'll see you on the next one