Bitcoin’s price dynamics on Jan. 24, 2024, present a complex picture of market fluctuations and investor sentiment. With crypto prices oscillating between $39,878 and $40,069 in the past hour and a broader 24-hour range of $38,505 to $40,515, the cryptocurrency exhibits notable volatility.
Bitcoin
Bitcoin’s market capitalization stands at $785 billion, with a 24-hour trade volume of $27.02…
Solana Unleashes Token Extensions to Enhance SPL Token Standard
January 25, 2024
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology…
Following an examination launched in November 2022, FINRA claims widespread potential violations in the way member firms communicate about crypto assets.
FINRA Report Alleges Misinformation in Crypto Asset Marketing
In a report released on Jan. 23, the Financial Industry…
GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
January 24, 2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities.
GBTC Sees $556 Million Leave, Bitcoin Prices Slide Beneath $39K
Recent figures indicate a notable decrease in…
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds…
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
January 24, 2024
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws.
Roman…
Critical Bug in Ethereum's Nethermind Client Highlights Risks of Low Client Diversity
January 24, 2024
A severe bug in the Nethermind Ethereum execution client has recently been uncovered, affecting 8% of Ethereum’s validators and reminding everyone of the necessity for greater client diversity in the Ethereum network.
Critical Flaw in Ethereum’s Nethermind Client Spotlights the Dangers of Limited Client Diversity
A critical bug was identified in the Ethereum’s Nethermind execution client…
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,”…
Report: Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends
January 24, 2024
In the dynamic world of crypto markets, recent trends have illuminated intriguing divergences in the altcoin market, particularly between ethereum and solana, relative to bitcoin. A comprehensive report published by Glassnode, an onchain analytics firm, delves into this…
Blackrock and Fidelity ETFs Lead the Charge in Bitcoin Accumulation, Holding Over $2.6 Billion in Combined BTC Assets
January 23, 2024
Recent data reveals that Blackrock, the globe’s leading asset manager boasting over nine trillion in assets under management (AUM), now possesses 33,430.56 bitcoin, valued at approximately $1.34 billion. Similarly, the financial powerhouse Fidelity has increased its bitcoin holdings, with the Fidelity Wise Origin spot bitcoin exchange-traded fund (ETF) now owning 30,169.54 bitcoin, equivalent to…
