January, 2024

January, 2024

SEC approves 11 Bitcoin spot ETFs to begin trading after 10-year wait
Bitcoin spot ETF denial ends after years of SEC rejections with funds cleared to start trading, potentially unlocking billions in investment....

Bitcoin miner Phoenix Group buys $187 million worth of miners from Bitmain
Phoenix has disclosed an agreement to purchase $187 million worth of new Bitcoin mining rigs from Bitmain Technologies....

Bitcoin decouples from the Nasdaq-100 for the first time after four years
Bitcoin is starting to trade more on its sector-specific news and drivers rather than just following wider financial market movements....

Bitcoin considered a “speculative asset” by European Central Bank
ECB executive rules out Bitcoin purchases, says crypto "does not fulfill" attributes of currency like new digital euro....

Twitter confirms SEC X account was compromised and didn’t have 2FA enabled
A fake tweet from the compromised SEC X account caused Bitcoin price turbulence....

Bitcoin spot ETFs trade over $1 billion in the first 30 minutes after launch
SEC approval opens floodgates to spot Bitcoin ETFs, with over $1.2B trading in the first 30 minutes across 11 new products....

Ripple set to buy back $285 million shares, rejects IPO path
Ripple spending up to $500M on share buybacks for investors, values company at $11.3B amid ongoing SEC legal battle....

USDC stablecoin issuer Circle confidentially files for IPO in the US
Circle CEO remains committed to public listing, files IPO papers again after previous $9B attempt met regulatory block....

Hedera partners with Algorand to develop a ‘decentralized recovery’ protocol
The Hedera and Algorand ecosystems are partnering to simplify securing and recovering digital assets in Web3....

Near Foundation to cut 40% of workforce, cites move toward decentralization
Near Foundation cuts staff by 30% to refocus on core development as Near ecosystem matures despite strong growth in users and transactions....

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