OKX Starts Inscription Support for Atomicals, Stamps, Runes and Doginals
OKX says wallet support is coming first, with a marketplace to follow
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First Mover Americas: Bitcoin Consolidates at $42K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance
The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
Stellar’s Foundation Supports Delay of Smart-Contracts Upgrade After Bug Found
A bug identified on Jan. 25 was deemed to pose “little risk,” but after receiving “robust feedback” from the blockchain’s developer community, the Stellar Development Foundation opted to “disarm” its validators ahead of the Jan. 30 target date for the Protocol 20 upgrade.
BlackRock’s Bitcoin ETF First to Reach $2B in AUM
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).
Crypto-Linked Stocks Rise With Bitcoin as Analyst Says ‘Not The Time to Turn Bearish’
Miners such as Bitfarms (BITF), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.
Bitcoin Could Fall Back to Mid-$20K Area: Chris Burniske
The former crypto lead at Cathie Wood’s Ark Invest says it “takes time for partiers to sober up.”
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is ‘Stronger Than Many People Realize’
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.
Vibe Check: Ether Finds Support: CoinDesk Indices’ Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.