🗞 CryptoNews of the Day 🗞
Bankrupt Bitcoin Miner Core Scientific to Relist on Nasdaq After Reorganization: Core Scientific, the Bitcoin mining firm that filed for Chapter 11 bankruptcy in December 2022, is set to exit bankruptcy in the coming days.
👉Details: https://coinmarketcap.com/academy/article/bankrupt-bitcoin-miner-core-scientific-to-relist-on-nasdaq-after-reorganization
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Ethereum’s Dencun Upgrade Deployed Successfully on Goerli Testnet: Ethereum's core developers have taken a significant step towards improving the network's scalability with the deployment of the Dencun upgrade on the Goerli testnet.
👉Details: https://coinmarketcap.com/academy/article/ethereums-dencun-upgrade-deployed-successfully-on-goerli-testnet
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Argentina’s President Javier Milei To Allow Provinces To Launch Their Own Currencies: Argentine President Javier Milei's decision not to oppose provinces' attempts to launch their own currencies has sparked controversy and debate in the country.
👉Details: https://coinmarketcap.com/academy/article/argentinas-president-javier-milei-to-allow-provinces-to-launch-their-own-currencies
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#CMCResearch: Unravel the essentials of #TrueUSD with CMC's comprehensive report. 🔎
#TrueUSD distinguishes itself in the stablecoin market through its significant circulating supply and consistent trading volume.
Its recent market share increased by over 238% – from 0.53% to 1.79% year-to-date.
In this report, you'll find stats on TUSD's key metrics, its reserves, partnerships, and guides on how to mint & redeem this cryptocurrency.🌐📈
👉Details: https://coinmarketcap.com/academy/article/everything-you-need-to-know-about-trueusd-tusd
🗞 CryptoNews of the Day 🗞
Binance Thailand Launches in Joint Venture With Gulf Innova: Binance and Gulf Innova have launched their joint venture crypto exchange, Binance Thailand, bringing regulated digital asset trading to the country.
👉Details: https://coinmarketcap.com/academy/article/binance-thailand-launches-in-joint-venture-with-gulf-innova
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Celsius Sends $125M Worth of ETH to Exchanges Ahead of Creditors Repayment: Celsius, the bankrupt crypto lender, has taken steps to initiate creditor repayments by transferring over $125 million worth of Ether (ETH) to crypto exchanges in the past week.
👉Details: https://coinmarketcap.com/academy/article/celsius-sends-dollar125m-worth-of-eth-to-exchanges-ahead-of-creditors-repayment
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Venezuela Terminates Petro Cryptocurrency After 5 Years: Venezuela has officially pulled the plug on its Petro cryptocurrency, ending a five-year experiment that was marred by controversy and corruption.
👉Details: https://coinmarketcap.com/academy/article/venezuela-terminates-petro-cryptocurrency-after-5-years
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Argentina Sees First Bitcoin Rental Agreement: Bitcoin is being used for the first time to pay rent in Argentina as part of a lease in the city of Rosario.
👉Details: https://coinmarketcap.com/academy/article/argentina-sees-first-bitcoin-rental-agreement
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Hong Kong’s Virtual Asset Consortium Adds Solana, Drops XRP in Top 5 Index: The Hong Kong Virtual Asset Consortium (HKVAC) has made some notable changes to its crypto indexes.
👉Details: https://coinmarketcap.com/academy/article/hong-kongs-virtual-asset-consortium-adds-solana-drops-xrp-in-top-5-index
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CoinShares Acquires Valkyrie Funds After Valkyrie's Spot Bitcoin ETF Received Approval: Investment firm CoinShares has announced that it will exercise its option to acquire Valkyrie Funds, an investment advisory business focused on spot Bitcoin ETFs.
👉Details: https://coinmarketcap.com/academy/article/coinshares-acquires-valkyrie-funds-after-valkyries-spot-bitcoin-etf-received-approval
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South Korea Will Not Consider Lifting Crypto ETF Ban Despite U.S. Approval: South Korea's top financial regulator, the Financial Services Commission (FSC), has reiterated its stance against allowing financial institutions to launch cryptocurrency.
👉Details: https://coinmarketcap.com/academy/article/south-korea-will-not-consider-lifting-crypto-etf-ban-despite-us-approval
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Bitcoin Price Could Reach $1.5 Million By 2030, Predicts ARK Invest CEO Cathie Wood: Cathie Wood, the CEO of ARK Invest, has reiterated her bullish Bitcoin price prediction of $1.5 million by the year 2030.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-could-reach-dollar15-million-by-2030-predicts-ark-invest-ceo-cathie-wood
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Spot Bitcoin ETFs Make Historic Debut, Trading Volume Tops $4.5B: A new era for cryptocurrency investing began yesterday as the first spot Bitcoin ETFs made their long-awaited debut on U.S. markets.
👉Details: https://coinmarketcap.com/academy/article/spot-bitcoin-etfs-make-historic-debut-trading-volume-tops-dollar45b
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Ripple Announces $285M in Shares Buyback: Crypto-payments firm Ripple Labs is planning to buy back $285 million worth of its shares from early investors, valuing the company at $11.3 billion, according to Reuters.
👉Details: https://coinmarketcap.com/academy/article/ripple-announces-dollar285m-in-shares-buyback
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Gary Gensler: SEC “Did Not Approve or Endorse Bitcoin” After Spot Bitcoin ETF Approval: United States Securities and Exchange Commission (SEC) Chair Gary Gensler has emphasized.
👉Details: https://coinmarketcap.com/academy/article/gary-gensler-sec-did-not-approve-or-endorse-bitcoin-after-spot-bitcoin-etf-approval
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Controversial Layer-2 Blast Launches Testnet, Seeking to Attract Developers with Airdrop: Despite controversy surrounding its initial rollout, Ethereum layer-2 scaling network Blast has attracted over $1.3 billion from users seeking yield and airdrop rewards.
👉Details: https://coinmarketcap.com/academy/article/controversial-layer-2-blast-launches-testnet-seeking-to-attract-developers-with-airdrop
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Hong Kong-based HashKey Group Raises $100M, Achieves Unicorn Status: Hong Kong-based crypto exchange HashKey has achieved unicorn status, joining the ranks of startups valued over $1 billion, after raising nearly $100 million in a Series A funding round.
👉Details: https://coinmarketcap.com/academy/article/hong-kong-based-hashkey-group-raises-dollar100m-achieves-unicorn-status
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Solana DEX Aggregator Jupiter Sets Date for Highly Anticipated Airdrop: Solana-based DeFi aggregator Jupiter is set to make waves in the cryptocurrency space with its upcoming token airdrop and meme coin launch.
👉Details: https://coinmarketcap.com/academy/article/solana-dex-aggregator-jupiter-sets-date-for-highly-anticipated-airdrop
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OKX Secures Dubai VASP License: OKX, a prominent cryptocurrency exchange, has secured a virtual asset service provider (VASP) license in Dubai, marking a significant milestone in its global expansion.
👉Details: https://coinmarketcap.com/academy/article/okx-secures-dubai-vasp-license
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CoinShares: Bitcoin Halving to Squeeze Miners' Margins: As the next Bitcoin halving event approaches, mining firms are bracing for significant cost increases.
👉Details: https://coinmarketcap.com/academy/article/coinshares-bitcoin-halving-to-squeeze-miners-marginst
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BlackRock’s Larry Fink Sees “Value” in Ethereum ETFs, Future of Tokenization: BlackRock CEO Larry Fink has thrown his support behind an Ethereum (ETH) exchange-traded fund (ETF).
👉Details: https://coinmarketcap.com/academy/article/blackrocks-larry-fink-sees-value-in-ethereum-etfs-future-of-tokenization
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United Nations Singles Out USDT as Source of Money Laundering and Scam in Southeast Asia: A recent United Nations report has shed light on the involvement of Tether's USDT stablecoin in money laundering and scams, particularly in Southeast Asia.
👉Details: https://coinmarketcap.com/academy/article/united-nations-singles-out-usdt-as-source-of-money-laundering-and-scam-in-southeast-asia
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Hedera Approves $389M Worth of HBAR To Fund Ecosystem Growth: The Hedera Global Governing Council has approved 4.86 billion Hedera (HBAR) tokens, worth approximately $389 million, to support the growth and development of the Hedera ecosystem.
👉Details: https://coinmarketcap.com/academy/article/hedera-approves-dollar389m-worth-of-hbar-to-fund-ecosystem-growth
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GameStop Terminates NFT Marketplace: GameStop, the popular gaming retailer, has announced that it will be phasing out its nonfungible token (NFT) marketplace next month due to regulatory uncertainty.
👉Details: https://coinmarketcap.com/academy/article/gamestop-terminates-nft-marketplace
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$1.4B Inflows Into Spot Bitcoin ETF After First Two Trading Sessions: Spot Bitcoin exchange-traded funds (ETFs), which launched last Thursday, have already attracted a significant amount of investor interest in their first two days.
👉Details: https://coinmarketcap.com/academy/article/dollar14b-inflows-into-spot-bitcoin-etf-after-first-two-trading-sessions
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MicroStrategy’s BTC Holding Worth More Than Company’s Market Cap: MicroStrategy, the data software firm known for its aggressive Bitcoin investment strategy, has faced headwinds in the New Year, with its stock price slipping more than 20% in January.
👉Details: https://coinmarketcap.com/academy/article/microstrategys-btc-holding-worth-more-than-companys-market-cap
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Near Foundation Downsizes in Bid to Boost Efficiency: The Near Foundation, the organization behind the Near protocol, has announced that it will be laying off approximately 40% of its staff in a move to consolidate and focus its efforts.
👉Details: https://coinmarketcap.com/academy/article/near-foundation-downsizes-in-bid-to-boost-efficiency
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Vanguard Blocks Spot Bitcoin ETF Trading, Prompting Some Investors to Close Accounts: Asset management giant Vanguard has banned trading of the newly approved spot Bitcoin exchange-traded funds (ETFs) on its platform.
👉Details: https://coinmarketcap.com/academy/article/vanguard-blocks-spot-bitcoin-etf-trading-prompting-some-investors-to-close-accounts
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Ethereum Spot ETFs Could Be Next, According to Bloomberg Analyst: With the U.S. Securities and Exchange Commission (SEC) approving 11 spot Bitcoin exchange-traded funds (ETFs) on January 10, the path is now clear for spot Ethereum ETFs to be approved.
👉Details: https://coinmarketcap.com/academy/article/ethereum-spot-etfs-could-be-next-according-to-bloomberg-analyst
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Bank of England Governor Andrew Bailey: Bitcoin Is “Pretty Inefficient” as Payment Method: Bank of England (BOE) Governor Andrew Bailey has expressed skepticism about Bitcoin's potential as a payment method, citing its inefficiency.
👉Details: https://coinmarketcap.com/academy/article/bank-of-england-governor-andrew-bailey-bitcoin-is-pretty-inefficient-as-payment-method
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