Bitcoin may fall to $56K as reasons for gains ‘remain hard to find’: Galaxy
Galaxy’s Alex Thorn says Bitcoin’s realized price is currently $56,000, a level it is likely to fall to without clear drivers to spark a rally.
Cathie Wood’s ARK boosts crypto shares amid stock pullback
ARK Invest increased exposure to Robinhood, Circle, BitMine, Bullish and other crypto-linked firms within several innovation and fintech-focused ETFs this week.
Spot crypto volumes plunge to 2024 lows as investor demand weakens
Spot crypto trading volumes have fallen by half since October as liquidity dried up and investor engagement weakened.
Tether expands support for USDT, Tether Gold in Opera’s MiniPay wallet
Stablecoin issuer Tether said the initiative will help millions of users from emerging markets such as Africa, Latin America and Southeast Asia with global financial inclusion.
HYPE pops 20% after Hyperliquid team nods prediction markets plan
Hyperliquid said the outcome trading feature would function like a form of derivatives trading without leverage, liquidations or margin calls.
Trump denies knowledge of Abu Dhabi royal‘s $500M stake in WLFI
The reported World Liberty Financial deal, said to have been made four days before the president’s inauguration, would make the UAE company the largest shareholder in WLFI.
Tom Lee tips lack of leverage and gold ‘vortex’ for Ether’s 21% slump
Ether has fallen despite strong fundamentals as leverage remained absent and precious metals diverted risk appetite, according to Fundstrat’s research head.
Tether releases open-source operating system for Bitcoin mining
Tether first announced plans for an open-source mining OS in June last year as it wanted Bitcoin miners to “enter the game” without expensive third-party vendors.
Bitcoin flash crash recovery to $100K may take 6 months: Analyst
Multiple charts and historical data suggest that Bitcoin’s recovery from its weekend crash below $75,000 could take at least 6 months.
FTX users, Fenwick agree to settle lawsuit over firm’s role in FTX
The plaintiffs filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role” in “how the FTX fraud was accomplished.”