Tokenized Mining Notes Coming to El Salvador
Bitfinex Securities to launch Blockstream Mining Note 2 (BMN2) in Q1 2025. BMN2 offers returns based on bitcoin mined by Blockstream. Previous note (BMN1) delivered over 1,212 BTC to investors in three years. More details in the article here: Read more
#Bitfinex#Blockstream#BMN2#ElSalvador#Bitcoin#Crypto#Investment#Tokenization#Mining#BTC#Finance#DeFi#DigitalAssets#Securities#Blockchain#Trading#Market#Returns#BMN1#Innovation#Economy
Texas Proposes State Bitcoin Reserve
Texas Senator Charles Schwertner proposes a bill for a Strategic Bitcoin Reserve, indicating a significant move towards cryptocurrency adoption at the state level. Meanwhile, Bitcoin mining difficulty reaches an all-time high over 110 trillion, showing robust hashrate growth post-China mining ban.
Details from Watcher Guru.
#Bitcoin#Texas#Crypto#Mining#Blockchain#Regulations#Reserve#Senate#Innovation#Finance#DigitalAssets#Investment#Altcoins#HODL#Hashrate#MiningDifficulty#TexasSenate#Bill#Legislation#VC
Bitcoin Drops Below $97,000
Bitcoin fell below $97,000 during the night. Liquidation volumes topped $625 million within 24 hours. In Kazakhstan, regulators have blocked over 3,500 illegal crypto exchanges, including Coinbase, for violating digital asset laws. On January 7, the Bitcoin spot ETF net inflow reached $52.39 million, while BlackRock's ETF IBIT saw $596 million in inflow, bringing the total net asset value of Bitcoin spot ETFs to $110.115 billion. Additionally, a large transfer of 250,080,000 #CRO ($36.78M) was made from #CryptoCom to an unknown wallet.
#Bitcoin#Crypto#Kazakhstan#ETF#CRO#CryptoCom#WhaleAlert#Finance#MarketUpdate#Liquidation#News#Blockchain#Regulators#Assets#Investment#DigitalAssets#CryptoNews#MarketTrends#CryptoExchange#CryptoRegulation
Crypto Funds Struggle Compared to Bitcoin
OKX's founder Star claims no crypto fund has outperformed Bitcoin over the last decade, predicting a 100x growth for the industry. He acknowledged feedback on OKB's lack of use cases and poor listings. A new secret business line for OKX is set to launch in February.
In other news, Ethereum spot ETFs saw a net outflow of $39.432 million, while Bitcoin ETFs faced a larger outflow of $284 million. Notably, BlackRock's ETHA and IBIT ETFs saw significant inflows.
Read more about OKX's updates here, Ethereum's ETF activity here, and Bitcoin's ETF activity here.
#OKX#Bitcoin#Ethereum#Crypto#ETFs#BlackRock#OKB#NFTs#Web3#DeFi#Soneium#S.BLOX #Blockchain#Investing#Finance#BitcoinETF#EthereumETF#VC#AI
DarkFi Launches Anonymous App in Alpha
DarkFi, led by crypto anarchist Amir Taaki, has launched an anonymous app in alpha. This initiative aims to enhance privacy in decentralized finance. For more details, visit The Block.
In other crypto news, substantial transactions were observed, including 1,875 BTC moved between unknown wallets and a 142 million USD transaction of USDT from Tether Treasury. Michael Sonnenfeldt highlighted a bullish sentiment on Bitcoin among the ultra-rich.
Additionally, Tornado Cash co-founder Alexey Pertsev has been released from prison, and now, approximately $196 billion worth of Bitcoin is held by ETFs and companies.
For those interested, check the Bitcoin investment case here.
#DarkFi#Privacy#Bitcoin#BTC#Crypto#Tether#USDT#Tiger21#CryptoNews#Blockchain#DeFi#Investment#ETF#TornadoCash#AmirTaaki#WhaleAlert#LeviathanNews#CryptoMarket#TechNews#AI#VC
New Auction Insights Boost Marketplaces
Key to marketplace success: increase buyer-seller transactions. Traditional property listings stagnate; auctions may revitalize them. One startup captured 20% market share in 3 months with a unique auction mechanic. This strategy could apply across various sectors. Read more: fastfounder.ru
KuCoin founders admit to accusations of unlicensed money transfer, resulting in a $297 million penalty. Founders banned from leadership roles.
Arizona Senate passes Strategic Bitcoin Reserve Act, allowing investment of up to 10% of public funds in cryptocurrencies like Bitcoin. Bill moves to Senate Rules Committee for further approval. cryptobriefing.com
Ethereum spot ETF faces outflows of $136 million on Jan 27; current net asset value: $11.30 billion. sosovalue.com
Ledger co-founder kidnapped for €10 million ransom, rescued by police after disturbing threats. Part of the ransom has been tracked. straitstimes.com
#Marketplace#Auction#RealEstate#Bitcoin#Crypto#KuCoin#Ethereum#ETF#Ransom#Ledger#France#Investment#Arizona#Blockchain#Finance#Assets#Trading#Innovation#Tech#VC
MoonPay Acquires Helio for $175M
MoonPay has acquired the Web3 e-commerce platform Helio for $175 million, marking its largest acquisition to date. The deal enhances MoonPay's capabilities for enabling crypto transactions on platforms like Shopify and Discord. This acquisition comes amid a significant surge in MicroStrategy's BTC holdings, where they recently purchased 2,530 BTC for $243 million. Bitcoin's exchange reserves are at a 7-year low, as hedge funds capitalize on current market conditions.
#MoonPay#Helio#Ecommerce#Bitcoin#Crypto#MicroStrategy#USDC#BTC#Blockchain#Shopify#Discord#Payments#Investment#Acquisition#HedgeFunds#MarketTrends#CryptoNews#Finance#Tech#VC
Coinbase Expands Listings Amid Positive Crypto News
Coinbase adds Aethir (ATH) and Syrup (SYRUP) to listing roadmap. Aethir is a decentralized yield aggregator; Syrup enhances institutional digital asset lending.
In related news, Gemini, the crypto firm of the Winklevoss twins, confidentially files for IPO with Goldman Sachs, Citigroup support; public offering may happen this year.
Additionally, the top US banking regulator rescinds digital asset restrictions, allowing banks to engage in crypto custody and stablecoin activities. Trump's administration pursuing strategies to increase U.S. Bitcoin reserves.
#Coinbase#Aethir#Syrup#Gemini#IPO#Winklevoss#Crypto#Bitcoin#Finance#Regulation#US#Banking#Custody#Stablecoins#DigitalAssets#DeFi#VC#Trump#CryptoNews#MarketUpdates
Bitcoin Mining Ban and Market Resilience
In 2021, China's ban on Bitcoin mining caused market panic, leading to a significant dip. However, this event has less relevance now. Bitcoin continues to show resilience despite fluctuations. Data from PumpFun reveals that only 0.4% of meme coin traders made over $10,000, while 60% ended with losses. Most users either broke even or earned little. For insights on meme coin trading, check this post.
#Bitcoin#Crypto#Trading#MemeCoins#MarketTrends#Mining#Investing#Blockchain#Finance#PumpFun#Statistics#MarketDip#Profit#Losses#Trader#Wealth#InvestmentStrategy#CryptoTwitter
Crypto Advocate Ramaswamy Eyes Ohio Governance
Vivek Ramaswamy, a crypto proponent and new leader of the Department of Government Efficiency (DOGE), is set to announce his candidacy for Ohio governor soon. He advocates for unrestricted use of self-hosted crypto wallets.
In other news, TON DeFi lender EVAA Protocol raised $2.5 million in a private token sale. 🤝 Meanwhile, Massachusetts Senator Peter Durant introduced legislation for a Strategic #Bitcoin Reserve. 💼
Notably, Q4 2024 saw a significant rebound in crypto VC investment, totaling $3.5 billion, a 46% increase from the previous quarter.
📈 In crypto price updates, Bitcoin recently reached $106,000 with a 55% rise over the past 90 days. Coinbase publicly supports the US Government's Strategic Bitcoin Reserve initiative.
For more details:
- Ramaswamy's Candidacy
- EVAA Protocol Fundraiser
- Crypto VC Investment Data
- Coinbase's Support for Bitcoin Reserve
#Crypto#VC#Bitcoin#TON#DeFi#EVAA#Investment#Government#Candidacy#Ohio#Ramaswamy#Coinbase#Regulation#SelfHostedWallets#StrategicReserve#Blockchain#Finance#CryptoMarket#CryptoNews
Bitcoin Dominates Market with Huge Gains
Tesla's bitcoin holdings surge to $1.076 billion, boosting GAAP revenue by $600M. 🎉 The Sei Foundation launches a $65M fund for decentralized science startups, while GMCI unveils an index for US crypto protocols. Notably, Texas announces plans for a Bitcoin Reserve.
Read more about Tesla's valuation increase here. Explore the Sei Fund details here and GMCI's index here.
#Bitcoin#Tesla#DeSci#VC#Crypto#Funding#Texas#Cryptocurrency#Investment#MarketTrends#GMCI#Sei#Startups#Blockchain#Protocol#Accounting#Finance#Legislation#Innovation#CryptoProtocol
Binance Hits 250M Users, Record Stats
Binance reports over 250 million registered users by year's end, a 47% increase. Platform processed 4.44M requests/second; VIP users up 116%, institutional users up 97%. Internal compliance team expanded to 650 experts. Read more
US government clear to liquidate 69,000 Bitcoins (valued at $6.5B) seized from Silk Road. This follows a promise by the new administration not to sell the Bitcoins. Read more
#Binance#Bitcoin#Crypto#Users#VIP#Institutional#Compliance#SilkRoad#Seizure#Finance#USGovernment#AnnualReport#MarketCap#Trading#Blockchain#Investments#Tech#DigitalCurrency#News