Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance
The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.Source
Stellar’s Foundation Supports Delay of Smart-Contracts Upgrade After Bug Found
A bug identified on Jan. 25 was deemed to pose “little risk,” but after receiving “robust feedback” from the blockchain’s developer community, the Stellar Development Foundation opted to “disarm” its validators ahead of the Jan. 30 target date for the Protocol 20 upgrade.Source
BlackRock’s Bitcoin ETF First to Reach $2B in AUM
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under-management (AUM).Source
Crypto-Linked Stocks Rise With Bitcoin as Analyst Says ‘Not The Time to Turn Bearish’
Miners such as Bitfarms (BITF), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.Source
Bitcoin Could Fall Back to Mid-$20K Area: Chris Burniske
The former crypto lead at Cathie Wood’s Ark Invest says it “takes time for partiers to sober up.”Source
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is ‘Stronger Than Many People Realize’
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.Source
Vibe Check: Ether Finds Support: CoinDesk Indices’ Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.Source
First Mover Americas: Bitcoin Regains $41K in End of Week Rally
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund’s total value.Source
UK Supreme Court Refuses Craig Wright Appeal
In July it was ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.Source