BlackRock's IBIT and ProShares' BITO became the first bitcoin (BTC) exchange-traded funds (ETF) to surpass Grayscale's GBTC trading volume, with IBIT trading $306 million and BITO trading $298 million compared to GBTC's $291 million.
A court trial is set to determine whether Australian computer scientist Craig Wright is the mysterious Satoshi Nakamoto, the creator of Bitcoin, with implications for Wright's intellectual property claims and control over the Bitcoin network.
Several altcoins, including Celestia (TIA), PENDLE, and Render (RNDR), have the potential to reach new all-time highs in February based on their bullish formations and price trends.
A bipartisan group of lawmakers is seeking to overturn an SEC accounting standard that imposes restrictions on cryptocurrency custodians, arguing that it was issued without proper consultation and exceeds the SEC's regulatory authority.
Jupiter's JUP tokens have gained billions of dollars in trading volumes and thousands of holders, despite some concerns about its distribution mechanism, following a $700 million airdrop to Solana ecosystem users; however, allegations of the developer team selling $200 million worth of JUP tokens through the market pool have been dismissed as false.
Chainlink's token, LINK, reached a 22-month high, surging 15% in 24 hours and nearly 30% in a week, signaling a breakout from a three-month range and surpassing major cryptocurrencies such as Bitcoin and Ethereum. The increase in price is accompanied by a significant influx of new money and a rise in open interest, confirming the bullish trend.
Binance has managed to freeze $4.2 million worth of XRP tokens that were stolen in an exploit, with the company pledging to support Ripple in their efforts to retrieve the funds and closely monitor the exploiter's external wallets.
Decentralized machine-learning altcoin TAO sees triple-digit gains, while Bitcoin is predicted to experience choppy trading between $35,000 and $50,000 in the short term before potential gains later in the year, according to crypto analyst Altcoin Sherpa, who also expresses overall bullishness on Solana.
Despite the challenges faced by El Salvador's economy, President Bukele remains committed to establishing the country as a cryptocurrency haven, with plans for Bitcoin City and widespread bitcoin adoption, although skepticism remains about the benefits of this strategy.
An Israeli firm, Lionsgate Network, is investigating digital wallets held by the United Nations Relief and Works Agency (UNRWA) to track the flow of crypto donations, following accusations of Hamas ties and participation in a Hamas-led massacre. UNRWA has a partnership with the Giving Block, a fundraising platform for tax-exempt organizations, allowing crypto donations to be made to the agency. Lionsgate Network CEO Bezalel Raviv stated that the company's vision is to secure crypto transactions and eliminate financial transactions targeting communities worldwide.
Crypto exchange Binance has frozen $4.2 million worth of XRP tokens linked to a recent $120 million exploit, as developers investigate the breach and attempt to recover the funds from the exploiter's external wallets.
The native token for blockchain oracle provider, Chainlink (LINK), is surging as dormant wallets resume activity, potentially contributing to the price jump. LINK has reached an intraday high of $18.13, its highest in 22 months, and its market capitalization has surpassed $10 billion.
Traders anticipate that ether will underperform bitcoin in the coming months, as shown by the pricing of futures, and uncertainties surrounding the classification of ether as a security or commodity may hinder the approval of spot ETH exchange-traded funds (ETFs).
The introduction of Bitcoin ETFs has led to an increase in institutional entities accumulating the digital asset despite a lack of immediate impact on its price, raising hopes for future price gains.
Three people have been charged with orchestrating a $400 million hack linked to cryptocurrency exchange FTX through SIM swapping attacks.
Pixelmon, a crypto project that initially faced criticism for its ugly artwork, has raised $8 million in a seed round featuring prominent backers in the crypto world and is aiming for a big 2024 with the upcoming launch of its MON token, which will fuel its IP protocol and reward NFT holders.
Three altcoins that crypto trader Jason Pizzino believes could have higher price surges than older assets are Render (RNDR), Celestia (TIA), and the Sui Network (SUI).
The Reserve Bank of India is cautiously developing its digital rupee and exploring technology solutions to address privacy concerns, while stating that crypto taxation is not within its domain; the central bank may also consider involving startups in its CBDC pilot programs.
Andrew Tate, a controversial figure known for his misogynistic views and alleged involvement in human trafficking, briefly considered launching his own cryptocurrency token but deleted the idea after facing backlash, despite previously disavowing crypto and calling out other influencers as scammers. Tate's rocky relationship with cryptocurrency stems from his seized Bitcoin during a legal case, but he had proposed a coin backed by $100 million and promised early access to his followers before retracting the pitch.
Less than half of eligible wallets have claimed their Jupiter (JUP) tokens in one of the largest airdrops in Solana's (SOL) history, with approximately 378 million unclaimed JUP tokens still remaining, according to on-chain analyst Tom Wan. Meanwhile, analyst Miles Deutscher predicts that future JUP airdrops will be larger, with $1.5 billion worth of tokens yet to be distributed and three more airdrops on the horizon.
Investing in Shiba Inu (SHIB) has resulted in astronomical returns, with early investors seeing gains of millions and even billions of dollars, and there is still potential for growth as the team plans to implement a burn mechanism to reduce the token's supply and attract more adoption.
Three people have been charged by the US federal government for their involvement in a phone hacking conspiracy that resulted in the theft of $400 million from FTX, a crypto exchange.
Bitcoin (BTC) remained stable around $43,000 as concerns over the health of US lenders and a potential banking crisis resurfaced, with tumbling stocks and the Federal Reserve's removal of language addressing the resilience of the banking system raising alarm among market observers.
Members of Congress have introduced resolutions to delete a controversial accounting rule from the U.S. Securities and Exchange Commission that imposes restrictions on companies holding their customer's crypto assets on their balance sheets, which has been met with opposition from the digital assets sector.
Tesla missed out on $500 million in Bitcoin gains by selling a significant portion of its holdings in March 2021 and June 2022, and now holds 9,720 Bitcoins worth around $400 million, with speculation as to whether the company will sell or hold onto them in 2024.
Andrew Tate, a millionaire and social media icon, has proposed launching his own cryptocurrency backed with $100 million of his own money and offering early access to members of his University.com website, despite previously expressing anti-crypto sentiments.
OPNX, the exchange set up by the founders of failed cryptocurrency hedge fund Three Arrows Capital, is shutting down this month, with customers advised to settle their positions and withdraw their money by specified dates, following the collapse of Three Arrows Capital in 2022.
The controversial crypto project Blast is accused of plagiarizing code from Optimism and of engaging in manipulative marketing techniques, raising questions about the project's legitimacy and adherence to ethical and legal standards in the crypto industry.
Sui Network, a competitor of Ethereum, may experience significant growth in the future according to a popular crypto trader, as its price has been on the rise and it aims to provide low latency and high throughput.
Jupiter's founder Meow defends the recent JUP airdrop on Solana, stating that critics misunderstand the purpose and benefits of the airdrop, which included a launch liquidity pool funded by the team.
The BONK meme coin, managed by the Bonk DAO, plans to invest $500,000 in an early-stage startup fund supporting projects on Solana, marking its first venture investment.
Bitcoin Ordinals startup Taproot Wizards has delayed the launch of its highly anticipated Quantum Cats NFT collection due to technical difficulties, pushing the mint date to February 5 after initial delays to February 1. The company aimed to create a custom minting experience to avoid problems like gas wars but encountered issues with the website and underestimated demand, leading to the rescheduling.
Long-awaited legislation for U.S. stablecoin issuers is currently being negotiated, with Senator Cynthia Lummis expressing optimism that stablecoin legislation will be passed this year, receiving positive feedback from the Federal Reserve and benefiting from recent developments in the crypto industry.
Former BitMEX CEO Arthur Hayes predicts a promising future for Solana (SOL) in the cryptocurrency market, suggesting it may be time to invest in the blockchain despite recent volatility.
Larry David reflects on his decision to do a 2022 crypto ad and laments it, as the crypto exchange FTX that produced the ad went bankrupt and faced a class-action lawsuit.
Polygon Labs, the team behind the layer-2 blockchain Polygon, has laid off 19% of its staff in order to create a more efficient and collaborative team, resulting in a 15% increase in compensation for existing employees and changes to the company's pay structure.
El Salvador's Vice President, Felix Ulloa, stated that Bitcoin will remain legal tender if President Nayib Bukele is reelected, and the approval of Bitcoin exchange-traded funds (ETFs) in the US is seen as a validation of the country's Bitcoin policy.
Visa has partnered with Transak to allow cryptocurrency to fiat withdrawals directly from users' wallets, raising concerns about security and the impact on decentralized digital currencies.
Comedian Larry David reflects on his infamous FTX Super Bowl commercial that promoted a cryptocurrency exchange that later collapsed and resulted in him losing a significant amount of money.
Serum City, a city-building game that utilizes NFT assets from various collections, is now available to play for holders of certain NFT projects, with access gradually opening up over time.
Parallel, the NFT card-battler game, may soon be launching an open beta version, as hinted by the developers, while also releasing new in-game content.
Cryptocurrency trader Ali Martinez believes that Shiba Inu (SHIB) could experience an upswing based on the TD Sequential indicator, while Bitcoin (BTC) could rally by around 41% according to the Market Value to Realized Value (MVRV) metric.
Bitcoin Ordinals' Taproot Wizards has once again delayed the sale of its "Quantum Cats" collection due to technical issues, underestimating community demand and needing more time for testing, potentially raising over $12 million.
Ethereum's Dencun upgrade, featuring the "proto-danksharding" concept and the introduction of "blobs," is expected to greatly enhance transaction capacity and cost efficiency, potentially impacting Ethereum's market value and attracting more users and developers to the platform.
Ray Trapani, co-founder of Centra Tech and a key figure in a major cryptocurrency scam, expresses relief at being caught by the law and discusses how he turned his life around after collaborating with authorities to bring down his fake company, which was valued at $500 million.
Binance has launched the Inscriptions Marketplace, a one-stop solution within the Binance Web3 Wallet for inscribing and trading BRC-20 tokens, including the experimental ORDI token, which allows data inscription on individual satoshis on the Bitcoin blockchain.
Polygon Labs, the developer behind the rollup network Polygon, has cut 60 roles, about 19% of its staff, in a move to enhance performance, with the team behind Polygon ID set to spin out in the coming months.
Velar, a crypto trading startup, has raised $3.5 million in venture funding to develop decentralized finance tools for Bitcoin's emerging DeFi ecosystem, including the launch of the first perpetual swaps exchange on the Bitcoin network, leveraging side chains and Layer-2 solutions to enable smart contracts and trading settlement in seconds rather than minutes.
Bitcoin fell by nearly 20% after the approval of 11 new ETFs, but despite the pullback, Bitcoin remains in a healthy position with prospects of a bull market and its fundamentals, such as hash rate and adoption, remain intact.
Delegate Labs has raised $9 million in a seed round to support its new protocol Clusters, which aims to address the fragmentation of cryptocurrencies across multiple wallets on different blockchains by providing a cross-chain, multi-wallet name service.