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From the heart of where innovation, money and power collide in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Heide in Bloomberg's world headquarters in New York.

And I'm Ed Lutlow in San Francisco.

This is Bloomberg Technology.

And full coverage ahead on the SEC's approval of Bitcoin ETS.

What does it mean for the 1.7 trillion dollar

digital asset sector will discuss?

And Hertz makes a U-turn on its EV push as the company announces it's selling

20,000 electric vehicles after overestimating demand. Plus the tech industry is

kicking off the new year with some significant job cuts.

We'll break it all down.

Let's have a little look at what's happening though.

In the asset of choice for today and indeed yesterday, we've got to look at Bitcoin it has had a volatile

trading session actually at one point almost eclipsing that $49,000 handle we're

anticipating of course the adoption RBC saying what 50 to 100 billion dollars of inflows for the first year due to these

ETS 11 of them of course go live today Ed.

Time for some team coverage.

...