U.S. government's $118 million Bitcoin sale from Silk Road stirs discussion. Experts downplay impact, citing small size compared to recent Grayscale sales. Represents 1.5% of government holdings and less than 1% of Bitcoin's circulating supply. Trend shifts towards direct exchange sales.
Huang BoIndonesia sees a surge in crypto investors, hitting 18.25 million in November 2023, driven by a 62.8% spike in transaction values. Optimism surrounds the country's crypto future, buoyed by anticipated Bitcoin halving and growing regulatory support.
JoyPrivy, a startup specialising in blockchain-based tools, has successfully secured $18 million in its Series A funding round. Paradigm, the crypto-focused investment firm, took the lead in this funding initiative, signaling a growing interest in web3 advancements.
JasperThe company shows no signs of selling its holdings, believing Bitcoin a superior asset to cash or gold.
BeincryptoHodlnaut held bitcoin, ethereum and stablecoins on FTX before withdrawals were frozen.
CoindeskOptimism and expectations increase around crypto markets, but U.S. inflation data looms large this week.
Cointelegraph
NulltxLooming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
CointelegraphDespite the bearish backdrop for the entire crypto industry, the total stablecoin supply has reached $180 billion, a surge of $9.5 billion over the past 30 days.
Cointelegraph