Bitcoin Debate Ignites at Davos 2023
@Coinbase CEO Brian Armstrong defended bitcoin and stablecoins against France’s Central Bank chief François Villeroy, who raised concerns over monetary sovereignty at the WEF panel. #Update #Crypto $BTC $USDT
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@Coinbase CEO Brian Armstrong defended bitcoin and stablecoins against France’s Central Bank chief François Villeroy, who raised concerns over monetary sovereignty at the WEF panel. #Update #Crypto $BTC $USDT
@KevinOLearyTV is investing in infrastructure for bitcoin miners and data centers, asserting that this will drive future value over crypto tokens. #Update #Crypto $BTC
@Farcaster founders step back as Neynar acquires the struggling crypto social app, which raised $150 million from Paradigm and a16z in 2024 but has faced growth challenges. #Update #Crypto
@SteaknShake will pay hourly workers a bitcoin bonus, following its recent addition of $10 million in bitcoin to its corporate treasury. #Update #Crypto $BTC
Vitalik Buterin proposes a simpler ‘distributed validator’ staking model for Ethereum, aiming to enhance resilience and reduce complexity for large ETH holders. #Update #Crypto $ETH
@GalaxyDigital is launching a $100 million hedge fund, allocating 30% to crypto tokens and 70% to financial services stocks, aiming to leverage market fluctuations. #Update #Crypto
Bitcoin rebounds to nearly $90,000 as traders anticipate insights from former President Donald Trump’s talks at Davos, signaling early stabilization for major cryptocurrencies. #Update #Crypto $BTC
XRP’s holder mix resembles early 2022, with new demand emerging below the cost basis of long-term wallets, indicating potential pressure on recent buyers. #Update #Crypto $XRP
XBTO CEO Philippe Bekhazi stated that ETFs, derivatives hedging, and corporate treasuries are stabilizing $BTC swings, while metals like gold are benefiting from macroeconomic stress. #Crypto $BTC
@Solayer has launched a $35 million fund to support real-time DeFi, AI, and tokenization applications on infiniSVM, targeting high-revenue on-chain apps. #Update #Crypto $SOL
A Massachusetts superior court justice is set to order @Kalshi to cease its online sports betting operations in the state. #Breaking #Legal $USDT
A new report from @Schwab categorizes crypto into three layers—networks, infrastructure, and products—indicating that most value remains concentrated at the base. #Update #Crypto
Crypto tokens backed by gold recorded $178 billion in trading volume last year, outperforming all but one major gold ETF as the metal approaches $5,000. #Update #Crypto $PAXG
@BitmineImmersion secures investor backing to expand share limit, now holding 4.203 million $ETH, 193 $BTC, a $22M stake in Eightco Holdings, and nearly $1B in cash. #Update #Crypto $ETH