Grayscale’s GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan
Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.
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Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.
AI Agents Could Be Important ‘Buyers’ of Crypto, Says Palantir Co-Founder Joe Lonsdale
AI agents could be important ‘buyers’ of crypto, says Palantir (PLTR) co-founder. (Gerd Altmann/Pixabay)
Ethereum Developers Set Timeline for Final ‘Dencun’ Testnet Upgrades
Developers will run through Dencun on the Sepolia and Holesky testnets on Jan. 30 and Feb. 7.
Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.
Many Retail Investors See Bitcoin Price Dropping Below $20K by Year End: Deutsche Bank
Deutsche Bank’s survey of retail investors see bitcoin (BTC) price dropping below $20K by year-end (Meg Boulden/Unsplash)
First Mover Americas: Bitcoin Holds $40K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors.
SatoshiVM Marred by Controversy Days After SAVM Issuance
SAVM jumped several thousand percent to a market capitalization of as high as $90 million a few hours after issuance.
Digital Pound Legislation Will Provide Protections to Privacy and Control, Govt Says
Many respondents to the digital pound consultation said that they had concerns about privacy and control.