Bitcoin
After taking a beating post-FTX, Bitcoin liquidity could “see a real recovery” with the approval of spot Bitcoin ETFs, research firm Kaiko concluded in its Q4 report.
As anticipation of SEC approval of a spot Bitcoin ETF heats up, a new survey reveals surprising pessimism among U.S. financial advisers.
Ethereum
Starknet’s upgrade aims to substantially reduce transaction fees and lays the groundwork for users to pay for their gas consumption with the zero-knowledge rollup’s native token STRK.
DeFi
EigenLayer increased its restaking capacity in the middle of December, and since then the number of liquid staking tokens (LSTs) and ETH deposited into the protocol’s smart contracts has increased more than fivefold from about $250 million.
The banking giant is reportedly considering an authorized participant role for spot bitcoin ETFs, which many expect to receive SEC approval this month.
BTC retreated to as low as $41,800 Wednesday morning, down from a high of $45K Tuesday as pundits, quants and other crypto gadflies analyze every utterance, rumor and on-chain metric to make sense of the price swing.
The first Bitcoin block was mined by Satoshi Nakamoto, the cryptocurrency’s pseudonymous creator, in 2009, and there are several interesting mysteries associated with it.
The approval of a spot Bitcoin ETF in the United States is likely to help spot ETF offerings — as well as Bitcoin’s overall development — in other parts of the world.
The Dec. 31 breach capped a year when crypto hacks and scams totaled nearly $2 billion, down 50% from the previous 12 months.
Easing inflation and anticipation that the Fed may cut interest rates also helped to drive the price of bitcoin to its highest point in almost two years.
