Jamie Dimon Bashes Bitcoin Again: ‘A Pet Rock’
The JPMorgan CEO said this will be the last time he airs his opinion on bitcoin.Source
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‘The Dow’ for Crypto Markets? New CoinDesk 20 Index Underpins Futures Contracts at Bullish
Perpetual futures tied to the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Dow Jones Industrial Average.Source
First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
ARK Buys $15.9M Worth of Its Own Bitcoin ETF
ARK sold a similar amount – $15.8 million – worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.Source
Bitcoin’s ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions
The crypto market’s de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023.Source
Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes
Indonesian crypto exchanges saw a sharp 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.Source
Fidelity’s Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover
Some have forecasted sharp declines in bitcoin’s price as traders ‘sell the news’ post-ETF approval, but Fidelity’s Director of Global Macro disagrees.Source
Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet
Developers said the missed finalization was likely due to an expected lack of participation and older network validators.Source
Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.Source