Long-Term Bitcoin Holders Are Spending Their BTC, A Bullish Signal, Analysts Say
Analysts observing previous BTC bull market said the outlook remains constructive while long-term holders continue to distribute their coins.
Financial
The Protocol: Movement Labs Develops Dev Mainnet
Also: SSV DAO Unveils “SSV 2.0”; Cardano Hard Fork
Cardano’s Plomin Hard Fork Goes Live, Ushering in On-Chain Governance
Plomin comes just four months after Cardano’s Chang hard fork, which put many of the mechanisms in place for Wednesday’s upgrade.
Tesla Marked Up Bitcoin Holdings Valuation in Q4, Booking a $600M Gain
New FASB rules allow for corporate bitcoin owners to mark those assets to market.
Fed Holds Rates Steady, Takes Note of Elevated Inflation
Under pressure this week, the price of bitcoin dipped to $101,800 in the moments following the decision.
Robinhood CEO Warns Lack of U.S. Regulation Stifles Security Tokenization Efforts
Vlad Tenev joined BlackRock CEO Larry Fink in calling for clear regulations for tokenized securities in the U.S.
Canary Capital’s ETF Plans Took Shape Thanks to Trump
Opened last October by ex-Valkyrie founder and CEO Steven McClurg, Canary quickly filed back-to-back applications for four crypto-related exchange-traded funds (ETF).
Bitcoin Miner Riot Platforms Targeted by Second Activist Investor: Reuters
The move comes after another activist investor, Starboard, had taken a stake in the miner late last year.
Fairshake’s Florida Wins Likely to Amp Up List of Crypto-Supported Allies in Congress
The crypto PAC’s largesse in Florida special elections — replacing people Trump tapped for his administration, including Matt Gaetz — led to two more victories.
Institutions Are Primed for MicroStrategy’s Preferred Stock Sale, Say Analysts
A “near perfect” instrument is how Bitwise’s Jeff Park described the new offering.