Crypto Brokerage Eyes $10B Public Listing
@ClearStreet, a major player in crypto treasury deals, is eyeing a public listing valued between $10–12 billion. #Update #Crypto
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Bitcoin Awakens 2000 Rare Casascius Coins
Two dormant Casascius coins, each containing 1,000 BTC, were activated after over 13 years, unlocking $179 million. These collectible coins were minted between 2011-2012. #Update #Crypto $BTC
Bitcoin Moves 2000 Rare Casascius Coins
Two dormant Casascius coins, each backed by 1,000 $BTC, were activated after over 13 years, unlocking $179 million. One was minted in October 2012 at $11.69; the other in December 2011 at $3.88. #Update #Crypto $BTC
Bitcoin Raises $1.44B to Combat FUD
@Strategy raised $1.44B to address investor concerns amid Bitcoin’s downturn, ensuring 21 months of dividend coverage and dispelling FUD regarding its financial health. #Update #Crypto $BTC
Bitcoin Charts Signal Next Big Move Ahead
Bitcoin’s ($BTC) short-term trend may be affected by rising sell-side pressure, with whale deposits to exchanges increasing and Binance’s BTC inflows at yearly highs, indicating potential volatility. #Update #Crypto $BTC
Tether Surplus Eases Solvency Concerns
James Butterfill asserts Tether’s solvency concerns are unfounded, highlighting a multibillion-dollar surplus amid criticism from Arthur Hayes and S&P Global. #Update #Crypto $USDT
Bitcoin Shifts to New 2-Year Cycle
Bitcoin may be shifting to a two-year cycle, according to @JeffParkProCap, as institutional flows alter market dynamics and timing strategies through 2026. #Update #Crypto $BTC
Do Kwon Faces 12-Year Prison Sentence
US prosecutors are seeking a 12-year prison sentence for @Terraform’s Do Kwon, citing losses exceeding those caused by Sam Bankman-Fried and others combined. #Update #Legal $LUNA
Bitcoin Accumulation Rises as Losses Hit $5.8B
Bitcoin ($BTC) has seen a 10% drop over 30 days, with whales accumulating nearly 240% of new supply; realized losses reached $5.8 billion, signaling significant market stress. #Update #Crypto $BTC
Strategy Target Slashed 60% Amid Forced-Sale Fears
@CantorFitzgerald cuts @MicroStrategy’s price target by 60% to $229, citing cash reserves for dividends but maintains a bullish outlook on $BTC’s long-term potential. #Update #Crypto $MSTR
Bitcoin Faces Unlikely Surge to New High
Bitcoin’s downturn is attributed to broader market trends rather than crypto-specific issues, with 21Shares co-founder Ophelia Snyder predicting limited potential for a surge in early 2024. #Update #Crypto $BTC
SEC Faces Uproar Over Citadel’s DeFi Regulation
@CitadelSec has urged the SEC to tighten regulations on DeFi tokenized stocks, claiming they should be treated as exchanges, prompting backlash from crypto advocates. #Update #Crypto $BTC
Ethereum Surges Towards 20% Rally
$ETH outperformed $BTC this week with $360M in spot ETF inflows versus $120M for Bitcoin, indicating a shift in investor preference and potential for a 20% rally. #Update #Crypto $ETH
Chinese Bank Tokenizes $600M Yuan Bonds
@HuaXiaBank issued 4.5 billion yuan ($600M) in tokenized bonds, aiming to streamline auction processes using China’s digital yuan with a fixed yield of 1.84%. #Update #Crypto $CNY