ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
The firm has sold over $150 million worth of stake in COIN since Dec. 5.
Financial
Financial
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing the previous peak of $330 million set in April.
Financial
Bitcoin’s Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin’s blockchain activity, miner flows, and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
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In Search of the Elusive Crypto Voter
Next year will see a presidential election. What’s crypto’s role?
Financial
Meme Coin BONK Spikes 40% on Coinbase Listing
BONK prices reversed nearly all losses from last week following the announcement. Prices traded at $0.000014 on Thursday morning with a trading volume of over $235 million since Wednesday.
Financial
FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers’ Recoveries
FTX victims are closer to getting their money back from the exchange after a federal judge put an end to a time-consuming dispute that has halted the exchange’s bankruptcy case.
Financial
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year
Cardano’s ADA, Avalanche’s AVAX and Injective’s INJ tokens led altcoin gains as risk assets rallied on dovish Fed.
Financial
CFTC Pushes FTX-Inspired Rule to Protect Customers’ Money
Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers’ money segregated from their own funds.
Financial
Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads
New crypto advocacy group Cedar Innovation Foundation is running digital ads in Brown’s Ohio to persuade him to buck SEC Chair Gary Gensler, but Cedar won’t say who’s behind it.
Financial
Protocol Village: Immutable zkEVM Will Allow Developers to ‘Abstract’ Transaction Fees
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.