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R. Business Success is about assembling the

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right team. It's the businesses behind the business that

0:34

makes it all possible. When you think about businesses

0:36

growing their sales beyond forecasts like Momufuku or even

0:39

a legacy business like Mattel. Sure, you think about

0:41

a product with demand, a focus with demand, a

0:43

focused brand, and influence-driven marketing. But a big component

0:45

is the business behind the business, making selling, and

0:47

for shoppers, buying simple. For millions of businesses, that

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business is Shop, that business is Shopify, that business,

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that business is, that business, that business, is, that

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business, is, that business, is, that business, that business,

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is, that business, is, that business, is, is, that,

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is, that, is, that, that, that, that, that, Meaning

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way less carts going abandoned and

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way more sales going. Nobody

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does selling better than Shopify.

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So if you're end growing

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your business, your commerce platform

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better be ready to sell

1:13

wherever your customers are scrolling

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or strolling on the web

1:17

in your store in their

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feed and everywhere in between.

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Businesses that sell more, sell

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on Shopify. Upgrade your business

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and get the same check-out

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your $1 per month trial

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period at shopify.com/DCR.

1:37

It's 8am Eastern April 10th and

1:40

this is your daily crypto report.

1:42

Bitcoin is up half a percent

1:44

at $82,129. Eith is up 1%

1:47

at $1,602.XRP is up one and

1:49

a half percent, $2.02. Business success

1:51

is about assembling the right team.

1:54

It's the businesses that makes it

1:56

all possible. When you think about

1:58

businesses growing, there's... sales beyond forecasts

2:00

like Momufuku or even a legacy business

2:03

like Mattel. Sure, you think about a

2:05

product with demand, a focused brand, and

2:07

influence-driven marketing, but a big component is

2:09

the business behind the business, making selling,

2:12

and for shoppers, buying, simple. For millions

2:14

of businesses, that business is Shopify. Shopify

2:16

is home of the number one checkout

2:18

on the planet. And the not-so secret

2:21

secret, shop pay boosts conversions up to

2:23

50 percent, meaning way less carts going

2:25

abandoned and way more sales going better

2:27

than Shopify. So if you're end growing

2:30

your business, your commerce platform

2:32

better be ready to sell

2:34

wherever your customers are scrolling

2:36

or strolling on the web

2:38

in your store in their

2:41

feed and everywhere in between.

2:43

Businesses that sell more, sell

2:45

on Shopify. Upgrade your business

2:47

and get the same check-out

2:50

Momufuku uses. Sign up for

2:52

your $1 per month trial

2:54

period at shopify.com/DCR. The

2:57

NBA playoffs are here, and I'm getting

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my best end on FanDool. Talk to

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me, Chuck GPT. What do you know?

3:03

All sorts of interest and stuff. Even

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Charles Barker's greatest fear. Hey, nobody needs

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withdrawal bonus vests that expire seven days

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after receive. Restriction supply. See full terms

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at fandel.com/sports book. Gambling problem? Call 1-800

3:26

gambler. Magic Eden has acquired Slingshot,

3:28

a mobile first crypto trading app,

3:31

and a major move to expand

3:33

beyond NFTs and compete with centralized

3:35

exchanges. The deal gives Magic Eden

3:37

access to Slingshot's tech, which allows

3:39

users to trade millions of tokens

3:41

across 10 plus chains without needing

3:43

to understand blockchain complexities. Slingshot brings

3:46

in nearly 1 million users and

3:48

has raised $33 million for major

3:50

investors. Magic Eden valued at $1.6

3:52

billion in 2022 has raised $147

3:54

million. The acquisition is complete. Slingshot's

3:56

team of 1150 employees is joining

3:59

Magic Eden's 100. 50-person staff. The

4:01

U.S. Senate confirmed Paul Atkins as

4:03

the new SEC chair. President Trump

4:05

picked Atkins in December, signaling a

4:07

shift to a more crypto-friendly SEC.

4:09

Atkins, who previously served as a

4:11

SEC commissioner under President George W.

4:13

Bush, Atkins, told lawmakers his top

4:15

priority will be building a regulatory

4:18

framework for digital assets. Since Gary

4:20

Ginsler stepped down in January, the

4:22

SEC has rolled back crypto enforcement

4:24

actions, dropped controversial guidance, and launched

4:26

a crypto task force. Well Top

4:28

South Korean banks met with lawmakers

4:30

to push for looser rules on

4:32

working with crypto exchanges. Worry Bank's

4:34

president asked that exchanges be allowed

4:36

to partner with multiple banks instead

4:39

of being limited to just one

4:41

citing risks to financial stability and

4:43

consumer choice. Right now South Korea

4:45

requires each exchange to have an

4:47

exclusive banking partner for fiat to

4:49

crypto services mainly for anti-money laundering

4:51

compliance as the country starts easing

4:53

restrictions on institutional crypto investment banks

4:55

and exchanges are preparing for corporate.

4:57

clients, Upbit is already fielding interest,

4:59

and Corbett launched a crypto custody

5:02

service for institutions. Pakistan's crypto council

5:04

plans to use the country's excess

5:06

electricity to power Bitcoin mining and

5:08

AI data centers, according to Reuters,

5:10

Bilal bin Saqib, the council's CEO

5:12

and advisor to the finance minister,

5:14

said discussions are underway with several

5:16

mining firms. The goal is to

5:18

repurpose surplus power from high electricity

5:20

tariffs and growing renewable energy supply.

5:23

Formed last month, the crypto council

5:25

aims to push blockchain innovation and

5:27

attract international investment. Well spot Bitcoin

5:29

ETFs in the U.S. saw 127

5:31

million dollars in outflows on Wednesday

5:33

marking five straight days of negative

5:35

flows. Black Rock's I-Bitt led with

5:37

90 million dollars pulled followed by

5:39

34 million dollars from grayscale's GBTC.

5:41

The outflows came even as markets

5:43

rallied after Trump paused most tariffs

5:46

for 90 days and capped duties

5:48

for most countries at 10 percent

5:50

while raising them on China to

5:52

125 percent. And finally OpenC is

5:54

urging the SEC to officially clarify

5:56

that NFT marketplaces aren't brokers or

5:58

exchanges under U.S. securities laws in

6:00

a letter to... Mr. Pierce, Open

6:02

Sea's legal team argued that current

6:04

regulations don't fit the nature of

6:07

NFT platforms. The push follows the

6:09

SEC's decision in February to drop

6:11

its investigation into Open Sea, part

6:13

of a broader regulatory shift under

6:15

President Trump's crypto-friendly administration. His executive

6:17

order created a crypto task force

6:19

to work with the industry on

6:21

clearer. Open Seas Council argued that

6:23

extending exchange or broker rules to

6:25

NFT marketplaces misrepresents the actual risk.

6:27

They said Open Sea doesn't hold

6:30

or move funds can't. commingle assets

6:32

and doesn't act on users behalf

6:34

so capital requirements and financial record-keeping

6:36

rules are irrelevant. They also said

6:38

open C doesn't qualify as a

6:40

traditional trading venue like the NYU

6:42

because it uses smart contracts and

6:44

doesn't facilitate transactions between multiple sellers

6:46

in the same way. That's all

6:48

for us today. Visit us at

6:51

Daily Crypto Report.io and listen to

6:53

us everywhere else you podcast under

6:55

Daily Crypto Report. Hey

6:59

everyone, it's Danielle from National Park after

7:02

dark. The chart-topping podcast that's received over

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If you're feeling overwhelmed by the news cycle, you

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with Progress Network founder Zachary Carabelle, I host What

7:47

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even in difficult times. Each week, we sit

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