Cathie Wood predicts a surge in M&A activity under Trump’s administration, driven by deregulation and reduced FTC barriers. Source link
Day: December 20, 2024
Blockchain broadens music royalty access on Audius with ICE deal
A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders. Source link
Why is Ethereum (ETH) price down today?
Ethereum’s price is down today after it failed to hold the $3,500 support level, and panic selling threatens deeper corrections. Source link
Barclays-backed Copper withdraws UK crypto license application
The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September. Source link
Ethereum layer 2s hold $13.5B stablecoin supply
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion. Source link
Bitcoin ETFs hit by record $671.9M outflows in 1 day
Bitcoin ETFs see record $671.9M outflows on Dec. 19, coinciding with Bitcoin’s price dip and marketwide liquidations. Source link
US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets
Key Takeaways US Bitcoin ETFs experienced historic outflows with investors withdrawing $672 million in a day. Fidelity’s Bitcoin Fund led the outflows, followed by Grayscale and ARK Invest ETFs. Share this article US spot Bitcoin ETFs experienced their largest single-day outflows on record, with investors withdrawing approximately $672 million on Thursday amid a broad crypto market decline post-Fed policy meeting, Farside Investors data shows. The massive withdrawal marked the end of a two-week positive streak for the 11 funds that directly hold Bitcoin. The previous outflow record was set on…
Firm building decentralized supercomputer attracts 1.5M nodes during testnet
Nexus said the testnet results show that there’s “early excitement” for a shared supercomputer. Source link
El Salvador buys 11 BTC only a day after reaching a deal with IMF
El Salvador purchased 11 Bitcoin a day after reaching a $1.4 million IMF loan deal that called for a reduction in public sector engagement in “Bitcoin-related economic activities.” Source link
Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment
The ratio of mentions on social media for “buying the dip” has ramped up as Bitcoin dropped below the six-figure price level just days before Christmas, according to Santiment. Source link