Confirmed Bitcoin payments hit yearly low amid holiday illiquidity
Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network. Go to Source
Cryptocurrencies
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Ethereum shorter gains $1.1M on 50X leverage in 2 days
Beyond the $1.1 million unrealized profit, the trader earned over $680,000 worth of funding fees on his short position, ripe for liquidation above $4,750. Go to Source
North Korean hackers stole $1.3B in crypto in 2024 — Chainalysis
Hackers connected to the reclusive nation whose entities are often targeted by US sanctions reportedly doubled the amount of crypto they stole in 2023. Go to Source
Ethena Labs partners with Trump’s World Liberty Financial
The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens. Go to Source
Ether fractals target $5K, Avalanche raises $250M Finance Redefined
Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings. Go to Source
Avalanche raises $250M ahead of Avalanche9000 launch
The locked-token sale saw participation from more than 40 companies. Go to Source
Mark Cuban educates comedian Jon Stewart on crypto
“I feel like this is turning into ‘Digital Currency for Dummies,‘” Jon Stewart said to the billionaire during an interview on his weekly podcast. Go to Source
Sherrod Brown’s final committee message includes a crypto warning
In likely his last committee hearing before leaving office in January, the Ohio senator suggested a looser approach to digital assets could only benefit the “corporate elite.” Go to Source
Fire Brigades Association becomes first Kenyan labor union to hold BTC
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce. Go to Source
Microsoft shareholders vote ‘no’ on Bitcoin reserve
The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor. Go to Source
