Bitcoin Slumps as $400M Liquidated in Two Hours
Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.Source
BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade
BRC-20 marketplace UniSat said it would follow a proposed fork in the network’s token standard, which was met with opposition from Domo, the pseudonymous creator of BRC-20.Source
Arbitrum Token Sets Record High as Value Locked Crosses $2.5B
Transaction volumes on the network overtook those for Solana-based applications, which boomed after a meme coin-led frenzy in December.Source
EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.Source
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Shares
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.Source
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.Source
Jim Cramer Capitulates on Bitcoin: ‘Technological Marvel … It’s Here to Stay’
The Mad Money Host three months ago was highly bearish on the world’s largest cryptocurrency.Source
Jupiter Targets JUP Airdrop for End of January
The Solana-based trading aggregator will test the longevity of the Solana frenzy.Source
First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform’s cross-chain bridge.Source