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Top Performing Assets (24 Hours): $ETH 2.17% | $SOL 1.57% | $AVAX 1.22%
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Guess what day it is Folks? HUMPDAY! Bitcoin is trading down at $43,096 and it's trying to push higher but still trading in a narrow zone. There is basically nothing going on in the news today. Let's get on with the news...
Yesterday, Solana outage causes a 4% dip in $SOL and a big rally in $ETH.(2) Today, MicroStrategy smashes the buy button once again in January and buys another 850 $BTC; now holding 190K.(6)
Crypto market could face near-term correction as analyst says rate cut delay is still not priced in and the average crypto investor realized less than $1,000 of gains in 2023, according to CoinLedger. Regulated OTC desks could spur crypto adoption. BlackRock’s ETF Demand Ranks Among Top 5 and Bitcoin ETF not only about price but also liquidity of digital gold, and its placement on market. Cryptocurrency mining operators in the United States question the legality and motives behind a mandatory survey of energy usage, sources and locations.
Ethereum has added nearly 100K new addresses in 2024. XRP Ledger set to add new feature if amendment maintains two weeks of support from 80% of validators.
Anchorage Digital partners with wealth manager FusionIQ to offer institutional clients digital asset access.
South Korea is threatening Crypto criminals with life in prison.(4) Chainalysis Reveals Record-Breaking $1 Billion in Ransomware Payments in 2023.
AFTERNOON
Imminent dollar decline will trigger massive Crypto blow-off top, according to Glassnode Founders. Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing and Ether options open interest indicates bullish sentiment about potential May spot ETH ETF approval.
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Podcast of the Day: BTC168: Bitcoin Discreet Log Contracts DLC on LN Markets w/ Romain Rouphael | Bitcoin Fundamentals