The collection was on sale for 0.1 BTC ($4,300) each, meaning upwards of 300 BTC ($13 million) could have been raised if the full series of 3,000 had been placed.
The burn turned out to be a “sell the news event” as traders had already accounted for the purge – and then some.
While the exit of money from Grayscale has slowed, so too has the rush of new money headed into the other bitcoin ETFs.
The crypto insurance protocol is anticipating growth stemming from a recent partnership.
The goal of these “protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
Scaramucci also praised BlackRock CEO Larry Fink for “[doing] his homework” on bitcoin and changing his mind on the asset.
OKX says wallet support is coming first, with a marketplace to follow
If all else fails with Plan A for setting up stablecoin rules with legislation, the industry’s Republican allies in Washington have revealed their worry the Federal Reserve could step in.
The latest price moves in crypto markets in context for Jan. 29, 2024.
The platform settled over $500 million in trades on Sunday, briefly becoming the biggest on-chain trading platform.
