Bernstein Expects Crypto Revenue to Jump to Around $400B by 2033
https://www.coindesk.com/business/2023/01/16/bernstein-expects-crypto-revenue-to-jump-to-around-400b-by-2033/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.
Options Flip to Show Stronger Bitcoin Into July
https://www.coindesk.com/markets/2023/01/16/options-flip-to-show-stronger-bitcoin-into-july/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The long-term sentiment has turned bullish for the first time in 12 months.
First Mover Asia: Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K
https://www.coindesk.com/markets/2023/01/16/first-mover-asia-bitcoin-surges-on-inflation-tailwinds-hovers-near-21k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
How I Introduced My Younger Sister To Bitcoin
https://bitcoinmagazine.com/culture/onboarding-my-younger-sister-to-bitcoin
For my sister’s eighteenth birthday, I gave her the gift of bitcoin and some lessons on becoming a sovereign individual.
Worldwide Grassroots Projects Can Lead Crypto Recovery
https://www.coindesk.com/layer2/2023/01/13/worldwide-grassroots-projects-can-lead-crypto-recovery/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto is not hurting lower income and marginalized communities, but instead providing them with new tools - through innovative governance models and tokenomics - to regain control from historically oppressive financial systems.
Bitcoin Retakes $20K, Leading as Broad Crypto Rally Continues
https://www.coindesk.com/markets/2023/01/14/bitcoin-taps-20k-leading-as-broad-crypto-market-rally-continues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto market across the broad surged this week, while crypto-exposed stocks also benefited from the rally.
Web3 Studio Sortium Raises $7.8M in Seed Round
https://www.coindesk.com/business/2023/01/13/web3-studio-sortium-raises-78m-in-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto hedge fund Arca was among the participants in the funding round.
Multimillion Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted
https://www.coindesk.com/policy/2023/01/13/multi-million-euro-crypto-fraud-operation-in-bulgaria-cyprus-and-serbia-busted/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The bust saw four call centers and 18 other places searched, with 14 people arrested in Serbia and one in Germany.
Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines
https://www.coindesk.com/tech/2023/01/13/hive-blockchain-deploys-first-intel-powered-bitcoin-mining-machines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Canadian miner expects the machines to bring 110 to 130 terrash/second of computing power each.
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
https://www.coindesk.com/policy/2023/01/13/bitconnects-victims-to-receive-17m-in-restitution-seized-from-scams-promoter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A California judge has ordered $17 million in restitution to be paid out to hundreds of victims of the BitConnect Ponzi scheme, the infamous global scam that collapsed in 2018.
Establishing The Architectural Styles Of Bitcoin
https://bitcoinmagazine.com/culture/finding-architectural-style-for-bitcoin
Our enduring buildings give stature to our best work, and the architectural style of Bitcoin institutions should reflect its high ideals.
Bitcoin's 'Volatility Smile' Shows Increased Demand for Bullish Exposure
https://www.coindesk.com/markets/2023/01/13/bitcoins-volatility-smile-shows-increased-demand-for-bullish-exposure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin's volatility smile is a graphical representation of implied volatility or demand for options at different strike levels.
Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg
https://www.coindesk.com/business/2023/01/13/hodlnaut-creditors-seek-liquidation-reject-restructuring-plan-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company.
Potential Paths Forward For The Grayscale Bitcoin Trust
https://bitcoinmagazine.com/markets/potential-paths-forward-for-gbtc
An interesting saga is developing for Digital Currency Group and its Grayscale Bitcoin Trust with accusations of fraud coming from the co-founder of Gemini.
Crypto.com Cuts 20% Workforce as Firms Brace for Crypto Winter
https://www.coindesk.com/business/2023/01/13/cryptocom-cuts-workforce-by-nearly-20/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The firm is the latest among the major crypto firms to announce layoffs.
Shiba Inu Developers Reveal First Look of Layer 2 Blockchain Shibarium
https://www.coindesk.com/tech/2023/01/16/shiba-inu-developers-reveal-first-look-of-layer-2-blockchain-shibarium/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ecosystem tokens shiba inu, leash and bone will serve as the for the upcoming Ethereum-based blockchain.
Bitcoin Surge Causes Over $500M in Liquidations, Highest in 3 Months
https://www.coindesk.com/markets/2023/01/16/bitcoin-surge-causes-over-500m-in-liquidations-highest-in-3-months/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto markets regained the $1 trillion capitalization mark for the first time since November.
President Herbert Hoover Saves the Day for a Crypto Bank? Yeah, That’s Weird
https://www.coindesk.com/business/2023/01/15/president-herbert-hoover-saves-the-day-for-a-crypto-bank-yeah-thats-weird/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Silvergate got propped up by the Federal Home Loan Bank system created in 1932.
Seven Factors Bitcoin Investors Should Watch In 2023
https://bitcoinmagazine.com/markets/seven-factors-bitcoin-investors-should-watch-in-2023
A look ahead at what’s in store for bitcoin in the coming year. We analyze seven aspects of what might impact the bitcoin price in 2023.
DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest
https://www.coindesk.com/policy/2023/01/14/doj-objects-to-ftxs-choice-of-lawyers-citing-conflict-of-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The US Trustee joins Sam Bankman-Fried and Senators in voicing concern over Sullivan and Cromwell’s previous relations
Crypto Markets Today: Bitcoin Finishes Best Week Since March; Solana’s Bonk Barks
https://www.coindesk.com/markets/2023/01/13/crypto-markets-today-bitcoin-finishes-out-best-week-since-march-solanas-bonk-barks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.
There Will Be No Lessons Learned From FTX
https://www.coindesk.com/consensus-magazine/2023/01/13/there-will-be-no-lessons-learned-from-ftx/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
There’s so much more to blockchain than crypto, and we’re just not getting there fast enough, says EY's blockchain innovation leader.
Bitcoin Mining Is Proving To Be A Lifeline For Africa’s Oldest National Park
https://bitcoinmagazine.com/business/bitcoin-mining-a-lifeline-for-virunga
Virunga National Park, located in Eastern Congo, is mining bitcoin to preserve revenue in the face of disease and militia attacks.
Decentraland’s MANA Token Jumps as Metaverse Tokens Outperform Crypto Markets
https://www.coindesk.com/markets/2023/01/13/decentralands-mana-token-jumps-as-metaverse-tokens-outperform-crypto-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Metaverse tokens are the best performing sector in crypto this year so far, as the CoinDesk Culture and Entertainment (CNE) index is up 37% this month.
Citi Says Solana Blockchain Activity Remains High
https://www.coindesk.com/tech/2023/01/13/citi-says-solana-blockchain-activity-remains-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, the report said.
Cardano Developer IOG Deploys Sidechain Toolkit to Boost Blockchain
https://www.coindesk.com/tech/2023/01/13/cardano-developer-iog-deploys-sidechain-toolkit-to-boost-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Sidechains would make Cardano more scalable without compromising the stability or security of the main chain, developers said.
Inside Bonk Inu: How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX
https://www.coindesk.com/tech/2023/01/13/inside-bonk-inu-how-22-developers-put-the-shiba-inu-fun-into-solana-and-away-from-ftx/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Distraught, disgusted, and jaded. Solana’s popularity took a hit when reports of possible fraud at Sam Bankman-Fried’s then-behemoth crypto exchange FTX first came to light. But developers found a way to jumpstart activity.
ARK Buys $2.5 Million in Coinbase Shares as COIN Continues Rally
https://www.coindesk.com/business/2023/01/13/ark-buys-25-million-in-coinbase-shares-as-coin-continues-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Coinbase shares are up 8.5% on-week, and 20% in the last 30 days.
Bitcoin Cash Jumps 10% Ahead of Optimistic May Hard Fork
https://www.coindesk.com/markets/2023/01/13/bitcoin-cash-jumps-10-ahead-of-optimistic-may-hard-fork/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Prominent traders pointed out scheduled improvements as catalysts that may have contributed to the move.
FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge
https://www.coindesk.com/policy/2023/01/13/ftx-cleared-to-sell-ledgerx-japanese-units-by-bankruptcy-judge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The collapsed exchange is looking to sell off its more separable and solvent assets as it seeks to repay creditors.