After months of ETF hype and focus, the start of the COPA (Crypto Open Patent Alliance) v. Wright trial on Feb. 5 marks a pivotal juncture in the Bitcoin narrative, challenging the claims of Craig Wright as Satoshi Nakamoto, the enigmatic creator of Bitcoin. Set against the backdrop of the…

Stablecoin issuer Tether criticized the United Nations report, claiming that its USDT tokens are being used for illegal activities. In a Jan. 16 blog post, Tether said the monitoring its stablecoins attract from regulatory authority surpasses those of the traditional banking systems. The firm furthered that its assets were extensively…

Cantor Fitzgerald CEO Howard Lutnick told reporters that USDT issuer Tether does, in fact, have the billions of dollars it needs to meet the 1 to 1 reserve requirements for its stablecoin. Lutnick made the confirmation during an interview with Bloomberg at the World Economic Forum in Davos on Jan.…

Chainlink (LINK), a leading decentralized oracle network, announced the successful integration of its Cross-Chain Interoperability Protocol (CCIP) with Circle’s Cross-Chain Transfer Protocol (CCTP). According to a Jan. 16 statement, this collaboration would enable users to transfer the USD Coin (USDC) stablecoin securely and reliably across different blockchain networks. “CCIP’s defense-in-depth…

Quick Take Just before the U.S. market opened on Jan. 16, Grayscale, the world’s largest digital currency asset manager, initiated a significant transfer to Coinbase. The transactions involved shifting 9,000 BTC across nine separate transactions, each valued at around $43.7 million, towards a Coinbase Prime hot wallet, for a total…

The Filecoin Foundation has successfully executed a groundbreaking mission, sending its digital asset’s whitepaper and an image of its mascot, affectionately known as “Biscuit, the FileCorgi,” into orbit and back to Earth using the InterPlanetary File System (IPFS). As outlined in a Jan. 16 statement, this achievement exemplifies the potential…

The launch of the spot Bitcoin ETFs in the U.S. marked a watershed moment in the crypto industry. While the impact it could have on the global Bitcoin market, like legitimizing it as an asset class or creating more demand, has been analyzed at length, few have focused on its…

Pro-crypto presidential hopeful Vivek Ramaswamy has suspended his campaign for office on Jan. 16. In a post on the social media platform X (formerly Twitter), Ramaswamy revealed he was suspending his campaign to support former President Donald Trump’s bid to return to the Oval Office, saying: ” I am suspending…

Quick Take As Bitcoin (BTC) charts a modest increase, pushing toward the $43,000 mark—an approximately 1% rise over the last 24 hours, exchange-traded funds (ETFs) are experiencing a rather contrasting trend. With the pre-market trading showing negative indicators, notable ETFs such as the IBIT BlackRock ETF and HODL Van Eck…

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