ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin’s recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.Source
The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”Source
A new proposal would see Lido accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.Source
On Monday, the decentralized Ethereum-based staking protocol deployed Atlas granted users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.Source
Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said.Source
Macro catalysts are lining up for bitcoin, Bernstein’s latest report said.Source
Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to move its global headquarters to the city.Source
Some early users have turned a few hundred dollars into six figures on the latest meme obsession.Source
At least one bank is leaning towards developing it on a permissioned blockchain.Source
ALSO: CoinDesk’s Consensus Magazine unveils its latest special project, spotlighting 19 blockchain, crypto and Web3 projects to watch in 2023; ether dips to $2,070.Source