The U.S. Consumer Financial Protection Bureau (CFPB) is seeking public feedback on new regulations aimed at enhancing protections for cryptocurrency users, a move reflecting growing regulatory attention on digital assets. #Update #Legal #Crypto (+3) →
New data from @SoSoValue shows Ethereum ($ETH) spot ETFs hit a record $2.103 billion in December, with Fidelity’s fund leading inflows at $1.58 billion. The SEC continues to delay approval of Ethereum spot market options. #Update #ETF $ETH (+4) ↗
Grayscale Investments increased its Bitcoin and Ethereum allocations to 90% in its Digital Large Cap Fund, adding Cardano with a 1.44% allocation after a 75% price surge. The firm seeks regulatory approval for ETFs amid leadership changes at the SEC. #Update #Crypto $BTC (+6) ↗
A @Meta shareholder has proposed the company evaluate adding $BTC to its treasury, citing Bitcoin’s growth as an inflation-resistant asset. The proposal highlights Bitcoin’s significant price increase compared to bonds and cash equivalents. #Update #Crypto (+3) ↗
@MicroStrategy’s Bitcoin holdings have surged by approximately 51%, with unrealized gains exceeding $14 billion, according to the SaylorTracker website. Michael Saylor has posted this Bitcoin tracker update for the tenth consecutive week. #Update #Crypto $BTC (+4) ↗
Several U.S. states, including Texas and Pennsylvania, are considering establishing Bitcoin reserves following Donald Trump’s national-level plans to stockpile $BTC in the U.S. Treasury. This move reflects growing interest in digital assets as a financial strategy. #Update #Crypto $BTC (+4) ↗
Bitcoin’s price struggles continue as $BTC faces repeated rejections at $100,000, with the latest drop to $92,000 highlighting vulnerability. The pivotal $90,000 support level remains under threat amid bearish technical indicators. #Update #Crypto $BTC (-4) ↘
As of Sunday, Jan. 12, 2024, the crypto market is turbulent at $3.31 trillion; $TFUEL led with a 12.29% USD gain, while @AkumaInu shines amid declines for Ai16z and BIO. #Update #Crypto $TFUEL (+3) ↗
@Glassnode warns that $BTC is nearing a critical juncture, with its price just 7% above the Short-Term Holder cost basis of $88,135. A drop below this level could signal waning sentiment among new investors. #Update #Crypto $BTC (-3) ↘
Sol Strategies CEO Leah Wald told @Blockworks_ she expects delays in US approval of a Solana ETF due to regulatory challenges, while Canada might lead with an earlier approval. #Update #ETF $SOL (-3) ↘
New York Attorney General Letitia James has filed a lawsuit to recover over $2 million in cryptocurrency stolen from residents through fraudulent remote job offers. The US Secret Service assisted in freezing the assets. #Breaking #Legal (+9) ↗
MicroStrategy’s Bitcoin holdings, tracked by Michael Saylor for the 10th week, show a 51% increase with unrealized gains exceeding $14 billion. #Update #Crypto $BTC (+6) ↗
@MicroStrategy’s Bitcoin strategy has inspired over 70 companies to follow suit, with @Tesla, @Block, and others increasing their $BTC reserves amid the cryptocurrency’s recent surge. This trend highlights growing corporate interest in digital assets. #Update #Crypto $BTC (+6) ↗
The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the US has driven significant growth in $BTC’s price, with these ETFs now holding approximately $107.64 billion in assets, marking a historic milestone for the crypto market. #Update #ETF $BTC (+7) ↗
