Binary trading platforms with better performance and payouts
Wired claimed this week that decentralized autonomous organizations are gathering grounds for “dangerous groups.” But the article misunderstands what DAOs actually do and what they are useful for, says Preston Byrne.
The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under-management (AUM).
Miners such as Bitfarms (BITF), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.
The former crypto lead at Cathie Wood’s Ark Invest says it “takes time for partiers to sober up.”
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund’s total value.
In July it was ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.