Bitcoin Firms Sell Amid Rising Losses
Bitcoin Treasuries report reveals 65% of firms face unrealized losses with Bitcoin at $90K; companies sold 10,750 BTC last month. @Tesla and @Block hold below $30K cost basis. #Update #Crypto $BTC
Bitcoin Acquisition American Firm Adds 416 BTC
American Bitcoin acquires 416 $BTC, expanding its holdings significantly. This institutional purchase underscores growing interest in cryptocurrency investments. #Breaking #Crypto $BTC
XRP Crashes Below $2 Can Bulls Rally
XRP dips below $2, trading between $1.98-$2.00 with a market cap of $120B and $4.17B in 24-hour volume. #Update #Crypto $XRP
Disney Launches $1B OpenAI Sora Deal
Disney partners with OpenAI, investing $1B to license Disney, Marvel, Pixar, and Star Wars characters for Sora platform’s AI-generated content. #Update #Tech
Ethereum Staking Fees Surge as BlackRock Enters
@BlackRock filed for a staking-enabled Ethereum trust, highlighting risks from slashing penalties, custody arrangements, and yield management. Institutional demand may reshape staking fees and liquidity dynamics. #Update #Crypto $ETH
Crypto Scam Exposed Canadian Charged for $42M Fraud
Canadian Nathan Gauvin arrested in the UK for allegedly defrauding crypto investors of over $42M via Discord, misleading claims about investments in TradFi and DeFi; funds used for personal luxuries. #Breaking #Legal $USDT
Solana Tokens Launch on Coinbase DEX
@Coinbase has launched Solana-based DEX trading, allowing users to swap SOL tokens and use USDC without custodial systems, negating the need for the Base-Solana bridge. #Update #Crypto $SOL
Bitcoin Treasuries Stagnate as Holders Keep Accumulating
Bitcoin treasury adoption slowed in Q4, yet major firms continue accumulating BTC, with public companies now holding over 4.7% of the total supply. #Update #Crypto $BTC
XRP ETF Launch Approved by CBOE
The Cboe has approved a fifth XRP ETF, trading under the ticker TOXR, following significant inflows of nearly $1 billion across U.S. spot XRP ETFs in less than four weeks. Ripple provided 100 million XRP for liquidity. #Update #Crypto $XRP
Solana Spot Trading Launches for U.S. Users
@dYdX launches its first spot trading product for Solana, now accessible to U.S. traders, waiving fees in December to attract users amid evolving regulations. #Update #Crypto $DYDX
Bitcoin Indicts Ukrainian in Cyberattack Case
The U.S. Department of Justice indicted Ukrainian Victoria Eduardovna Dubranova for supporting Russian cyberattack groups using cryptocurrency, highlighting increased legal actions against state-sponsored cyber threats. #Breaking #Legal
Bitcoin Realized Losses Surge to 2022 Levels
Bitcoin’s price drop below $90,000 has led to realized losses reaching 2022 levels, with entities losing $555M daily. Liquidity and demand remain weak. #Update #Crypto $BTC
Ethereum Solana Superstate Launches Tokenized Shares
@Superstate announced Direct Issuance Programs for SEC-registered companies to raise capital on $ETH and $SOL using stablecoins, streamlining public market infrastructure. #Update #Blockchain
Gemini Surges on US License Approval
Gemini stock surged premarket after CFTC approved its derivatives exchange, enabling expansion into prediction markets. Founded by Winklevoss twins, Gemini plans to offer various event contracts. #Update #Finance