Bitcoin’s ability to hold the $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Source: https://cointelegraph.com/news/bitcoin-s-trump-trade-dented-by-rising-yields-and-strong-us-dollar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Is the Bitcoin bull run ending? Analyst says metrics don’t point to a ‘market peak’ yet
Bitcoin’s recent price woes near $92,000 are short-term, and one analyst says traders should ignore the market noise. Source: https://cointelegraph.com/news/is-the-bitcoin-bull-run-ending-analyst-says-metrics-don-t-point-to-a-market-peak-yet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust
Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in Thailand’s Chon Buri province seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity from […] Source: https://news.bitcoin.com/thai-authorities-seize-nearly-1000-bitcoin-miners-in-electricity-theft-bust/
Cypherpunk Nick Szabo joins Samson Mow's JAN3 as chief scientist
“We are very proud of the addition of Nick to the Jan3 team as we ramp up efforts to accelerate the global adoption of Bitcoin,” wrote Mow. Source: https://cointelegraph.com/news/nick-szabo-joins-jan3-chief-scientist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Massive Crypto ETF Exodus: $742M Vanishes Overnight
Recent data reveals a significant exodus from cryptocurrency exchange-traded funds (ETFs), with $742 million in collective outflows from Bitcoin (BTC) and Ether (ETH) ETFs. This sudden shift highlights investor uncertainty in the volatile crypto market, raising concerns about the stability of these investment vehicles. BlackRock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, prominent U.S.-based crypto…
What You Need to Know
Donald Trump’s entry into the world of non-fungible tokens (NFTs) has made headlines once again. His latest venture, the Trump NFT Collection inscribed on Bitcoin Ordinals, has generated significant buzz in the digital asset space. With unique perks and exclusive access for early supporters, this new collection marks a noteworthy chapter in the intersection of politics, technology, and collectibles. Trump…
Wisconsin lawmaker to chair US House digital assets subcommittee
French Hill has stepped back as leader of the digital assets, fintech, and AI subcommittee to become chair of the full House committee in the 119th Congress. Source: https://cointelegraph.com/news/bryan-steil-chair-digital-assets-subcommittee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bit Digital’s Crypto Holdings Increase to 742 BTC and 27,624 ETH
Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month. This is according to the company’s production update […] Source: https://news.bitcoin.com/bit-digitals-crypto-holdings-increase-to-742-btc-and-27624-eth/
Compound adds Ethena, Mantle tokens to lending platform
Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi. Source: https://cointelegraph.com/news/compound-adds-ethena-mantle-lending-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rena Labs Secures $3.3M Funding to Pioneer Trustless On-Chain AI Solutions
PRESS RELEASE. January 9th, 2025 –– Rena Labs, the startup aiming to enable the next generation of autonomous and verifiable AI solutions, has announced the successful closure of a $3.3 million pre-seed funding round led by Paper Ventures. The company attracted investment from a number of high-profile venture capital firms, among them Lightspeed Faction, Eterna […] Source: https://news.bitcoin.com/rena-labs-secures-3-3m-funding-to-pioneer-trustless-on-chain-ai-solutions/