Bitcoin
Fresh demand and liquidity is pouring into bitcoin, say analysts at Glassnode, noting that the realized cap metric has increased at an “unprecedented rate” of $79 billion per month.
Business
The Galaxy Ventures Fund I, LP, will aim to invest in 30 startups over the next three years, targeting firms building financial applications, software infrastructure and crypto protocols.
Regulation
Nigerian prosecutors are seeking to hold Binance and two of its officers equally accountable on charges related to money laundering and tax evasion.
NFTs
The sequel to the hit onchain game saw 800 players secure their spots for 0.1 ETH each, bringing the winning pot size to over $263,000.
Memecoins, real-world assets (RWA), and artificial intelligence (AI) tokens led the way with the highest returns.
Ethereum
Ethereum researchers claim that a high staking ratio is bad for the network as well as for ETH as an asset. They’re proposing a solution, but is it worth the cost?
The fourth halving saw a decline in BTC held by miners, a stark contrast with the accumulation trend observed in previous halving.
DeFi
Wormhole’s W token will initially launch on the Solana network before expanding to other EVM chains using Wormhole’s Native Token Transfers.
An issue with Lido’s smart contracts is preventing staked SOL holders from withdrawing their funds from the protocol, which still holds $24 million worth of deposits.
Major asset managers have begun submitting their first 13F filings of 2024, providing a possible glimpse into the market for bitcoin ETFs.
