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Bitcoin
L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November.
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FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an…
Bitcoin ETF Approval Tipped to Be ‘Sell The News’ Event: CryptoQuant
Bitcoin is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader's unrealized profits linger at a level that historically precedes a correction, according to data provider…
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even…
First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
The latest price moves in bitcoin and crypto markets in context for Dec. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit's largest so far and a record of almost $5 billion of options will expire in the money.
India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns
The Indian Oil Ministry recently acknowledged that the country’s push to pay for oil with rupees has failed because suppliers are not sure if they will be able to repatriate their funds. The decision is intended to help diminish…
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is…
Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally…
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History
The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this…