Bitcoin Could Be in the Later Stages of the Bear Market, On-Chain Data Suggests
Bitcoin has rallied 40% in the past 30 days, data shows.
Bitcoin Price Could Reach $45K by Christmas: Matrixport
When bitcoin’s performance is positive in January, the rally tends to continue, the report said.
Cardano-Based Djed Stablecoin Has Attracted 27M ADA Tokens as Reserve Backing
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
Bitcoin’s Blockchain Data Offers Evidence of Continued Investor HODLing During Bear Market
UTXO or unspent transaction output is the amount of bitcoin someone is left with after executing a transaction.
India’s Crypto Tax Amendment Could Punish Evaders With Jail Time, Attorneys Say
Indian Finance Minister Nirmala Sitharaman has unveiled the 2023 budget for the nation.
Voyager Creditors Reject Alameda’s Attempt to Recover $446M
The Creditors’ rejection follows a veto by Voyager itself.
Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product
The firm’s on-demand liquidity product has expanded to forty countries.
Stablecoins Seem Unattractive as the Gap Between 3pool’s APY and Treasury Yields Widens
The annualized percentage yield from providing stablecoin liquidity on Curve’s 3pool, also known as DeFi’s savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note.
NFT Marketplace SudoSwap Airdrops Tokens to Liquidity Providers and 0xmon Holders
SUDO holders can vote on on-chain governance proposals, and the tokens are initially non-transferrable.
Bitcoin Community Erupts In Existential Debate Over NFT Project Ordinals
Some are calling the new protocol, which stores NFTs on Bitcoin, as an attack on the blockchain’s original mission to conduct financial transactions, while others say the new use case should be embraced alongside other demands for block space.