Solana’s WEN Token Plummets Despite Burning 27% of Supply
The burn turned out to be a “sell the news event” as traders had already accounted for the purge – and then some.
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As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these “protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
Anthony Scaramucci Predicts Bitcoin to Hit at Least $170K Post Halving
Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin {{BTC}} soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
OKX Starts Inscription Support for Atomicals, Stamps, Runes and Doginals
OKX says wallet support is coming first, with a marketplace to follow
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.