First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
The latest price moves in crypto markets in context for Dec. 28, 2023.
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.
Blast Hits $1.1B in Deposits More Than a Month Before It’s Due to Go Live
Depositors will receive an airdrop that can be redeemed in May 2024.
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares and also sold $27.6 million worth of Coinbase stock.
Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown
The government wants to use the national crypto bourse to make the ecosystem safer and gather transaction veri for tax purposes.
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.
Crypto Wallet Linked to Donald Trump Sent $2.4M in Ether to Coinbase
A wallet flagged as owned by Trump sent ETH to Coinbase in the past three weeks, where it was presumably sold.
Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.
Solana’s Scorching Rally Shows Ethereum Has a Serious Competitor
SOL’s price is back above $100 for the first time since early 2022.
What to Expect From Bitcoin in 2024
Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto’s David Liang.