How Will Markets React to $2.8B Crypto Options Expiring Today?
Approximately 21,600 Bitcoin options contracts will expire on Friday, Jan. 17, and they have a notional value of around $2.2 billion. This week’s expiry event is slightly larger than last week’s, so it is unlikely to have any major impact on crypto markets. Bitcoin has bounced back from its...
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Tapestry Secures $5.75M Series A to Transform Solana-Powered Social App Development, Led by Union Square Ventures and Fabric Ventures
[PRESS RELEASE – New York, USA, January 16th, 2025] With $12.5M total funding, Tapestry’s platform combines AI-powered creation with blockchain-based social infrastructure. Tapestry, a social infrastructure protocol for the Solana ecosystem, today announced its $5.75 million Series A funding round co-led by Union Square Ventures (USV) and Fabric Ventures...
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Bitcoin’s ‘Coinbase Premium’ Muted Amid Reports Trump Plans to Designate Crypto a National Policy
Stars cannot align more positively for crypto in the U.S., the world’s largest economy, if the latest media reports are anything to go by. Still, one key indicator shows a lack of excitement among U.S. investors. Late Thursday, Bloomberg reported that President-elect Donald Trump will likely issue an executive...
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Base targets $100 billion in on-chain assets in 2025
With a focus on developer tools and user-friendly apps, Base is aiming for $100 billion in assets and a stronger global presence by 2025. On Jan. 17, the Base blockchain outlined its plan for the year, targeting $100 billion in…...
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Litecoin Surges 12% After Analyst Says Altcoin Most Likely To Have Next ETF After Bitcoin, Ethereum
Litecoin (CRYPTO: LTC) surged as one of the market’s biggest gainers Thursday after the Nasdaq stock exchange submitted a request to the SEC to list a spot exchange-traded fund tracking the coin’s price. What happened: The exchange submitted a 19b-4 application with the regulator to list shares of an...
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Bitcoin LTH to STH Ratio Signals Speculative Activity And Volatility – ATH Next?
Bitcoin has finally reclaimed the $100K mark, sparking renewed excitement across the cryptocurrency market. After a swift and unexpected liquidity sweep into the $89K level earlier this week, BTC staged an impressive recovery, surging over 13% to breach this psychological milestone. This rally has injected fresh momentum into the...
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Telegram Malware Scams Surge 2,000%, Overtaking Phishing Attacks
Telegram-based malware scams have now outpaced traditional phishing attacks, according to Scam Sniffer’s troubling findings. From November 2024 to January 2025, incidents involving malicious Telegram groups surged by over 2000%, while conventional phishing methods remained stable. Unlike the typical “connect wallet” scams, these new tactics involve more sophisticated methods...
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MakersPlace announces market exit, ends six years of digital art operations
Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists…...
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Trump’s Treasury Nominee Scott Bessent Sees ‘No Reason’ For US Central Bank Digital Currency: It’s For Countries With ‘No Other Investment Alternatives’
In what could be interpreted as another optimistic signal for cryptocurrencies, Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, argued against the concept of a central bank digital currency in the U.S. on Thursday. What Happened: Bessent was taking questions from members of the Senate Finance Committee for confirmation to...
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Litecoin (LTC) Jumps 19%: What’s Behind The Rally?
Litecoin has observed a sharp increase of over 19% in the past day. Here’s what on-chain data says could be behind the rally. Litecoin Has Overperformed Market With A Strong Surge In The Last 24 Hours The past day has seen recovery from the cryptocurrency sector as a whole,...
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