Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
Value
FTX Users Describe ‘Emotional Toll’ From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried’s Sentencing
Bankman-Fried will be sentenced later this month.
First Mover Americas: Binance Traders Led “Sell-The-Fact” Pullback in Bitcoin
The latest price moves in crypto markets in context for Jan. 16, 2024.
Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat
Manta Pacific is the native layer 2 of the Manta Network.
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.
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September,” Two Prime’s Alexander Blume said.
Bitcoin Shows No Signs of Overheating, Despite Doubling This Year
Bitcoin has doubled this year. The bullish trend may continue unabated as key indicator shows no signs of overheating, according to IntoTheBlock.
Spot Bitcoin ETF Excitement Hits Main Street, Google Search Indicates
Many market participants expect the SEC to greenlight the first U.S.-based spot bitcoin exchange-traded fund early next year.