In Search of Financial Freedom: The Answer Lies With Bitcoin, Not Stablecoins
Many Turkish citizens are using stablecoins to protect their wealth amid inflation, Burak Tamaç writes. (Stefan Kostoski/Unsplashed, modified by CoinDesk)
Protocol Village: Zeeve Integrates ‘One-Click’ Validator Nodes for Provenance Blockchain
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24.
Bullish Bitcoin Bets Rise as Implied Volatility Slides
Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday’s U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm.
‘One-Stop Station’ Digital Identity Service Root Protocol Raises $10M Seed Funding
The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors
First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Justin Sun’s HTX Services Restored After Exchange Hit by ‘DDoS’ Attack
Sun then followed up around 15 minutes later saying that all services on HTX had been restored
No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.
Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.
ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.
Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.