Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale

The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.Source

Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers

The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin.Source

First Mover Americas: Binance Traders Led “Sell-The-Fact” Pullback in Bitcoin

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

UN Says Tether Plays Major Role in Illicit Activity in East Asia; Stablecoin Issuer Hits Back

Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia.Source

Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat

Manta Pacific is the native layer 2 of the Manta Network.Source

TUSD Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst

Binance introduced zero-fee FDUSD trading in December, giving users an incentive to sell.Source

Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged

The move could help improve network security as validators are more widely distributed across the world, developers said.Source

Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi

ETFs could open up a line of trading avenues centered around arbitrage, options and financing, Hayes said.Source

Bitcoin’s ‘Sell The Fact’ Pullback Came From Binance, OKX: Kaiko

The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called “sell-the-fact” pullback in bitcoin.Source