Crypto Markets Optimistic Despite Bitcoin’s Plunge, CoinDesk 20 Perpetual Futures Show
The CD20/USDC perpetual futures traded at a premium to the index price early Thursday, indicating a bullish broader market sentiment.
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Woo Raises $9M to Boost Liquidity of WOO X Exchange
Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.
Dogwifhat Zooms to Nearly 50 Cents as Solana Meme Coins Make a Comeback
A bump in network activity and usage could contribute to an upside for Solana’s SOL tokens.
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
Frax Finance’s Layer 2 Fraxtal to Debut in February: Founder
Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month.
Donald Trump Promises to “Never Allow” Central Bank Digital Currencies (CBDC) if Elected
Former President Donald Trump joins Ron DeSantis as a critic of CBDCs.
The Protocol: MetaMask’s Secret Weapon and Ethereum’s Dencun Debacle
In this issue of CoinDesk’s weekly newsletter on blockchain technology, we bring you Sam Kessler’s scoop on MetaMask’s in-development “intents” feature that could revolutionize how users interact with blockchains. Also: a post-mortem on Ethereum’s unexpectedly ugly Dencun testnet upgrade – and a glimpse of one of the new data blobs.
Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings
The U.S. Securities and Exchange Commission (SEC) case against Coinbase delves into a ton of complexity, but before anything else, a judge has to decide whether transactions in about a dozen tokens traded on the U.S. exchange were securities.
Bitcoin ETF Net Inflows Near $1B After Three Days
Grayscale’s GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.
dYdX Tops Uniswap as Largest DEX by Volume
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.