Long-Term Bitcoin Holders Have Sold 1M BTC Since September: Van Straten

Long-Term Bitcoin Holders

Bitcoin is at the biggest discount to its record high since the U.S. election.What to know: Bitcoin (BTC) is currently trading 13% below its record high of around $108,000, the most since President-elect Donald Trump won the U.S. election in early November. Since then, the largest cryptocurrency has spent several periods at 10% below the … Read more

Crypto Daybook Americas: China’s Economic Woes Offer Hope as Fed Rate Talk Crashes BTC

Crypto Daybook Americas

What to know: Crypto Daybook Americas will be on hiatus for two weeks starting Monday. We’ll be back Jan. 7 with your regular wake-up call of what stirred the industry overnight and what’s coming up in the day ahead. Wishing you and yours a wonderful holiday season! You are viewing Crypto Daybook Americas, your new … Read more

As Bitcoin’s Post-Fed Price Dip Extends, This Key Contrary Indicator Offers Fresh Hope:

As Bitcoin's Post-Fed Price Dip Extends,

A key contrary indicator is flashing green offering hope to BTC bulls anticipating a renewed upswing into six figures. What to know: Bitcoin’s (BTC) post-Fed price drop to $96,000 has activated a crucial contrary indicator that has historically marked the end of price pullbacks. On Wednesday, the Fed cut the benchmark borrowing cost as expected … Read more

The Protocol: Solana’s Allure for Devs; Avalanche’s Big Upgrade

Solana's Allure for Devs

Also: ENS picks tech for its L2; Bitcoin’s Runes Get an AMM Welcome to The Protocol, Coin Desk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Marc Hochstein, Coin Desk’s deputy editor-in-chief for features, opinion and standards. Story continues below Don’t miss another story. Subscribe to the The Protocol Newsletter today. See … Read more

DeFi on Bitcoin’ Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon

DeFi on Bitcoin' Gets a Boost as BOB L2

The integration allows BOB, a “hybrid L2,” to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded. What to know: BOB, the “hybrid layer-2” network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with … Read more

Deutsche Bank’s L2 Blockchain to Be ‘Public and Permissioned,’ Says Tech Partner

Deutsche Bank's L2 Blockchain

The banking giant is building a rollup on Ethereum using Zosyn technology developed by Matter Labs. Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with Zosyn technology developed by Matter Labs. Story continues below Don’t miss another story.Subscribe to the The Protocol Newsletter today.See all newsletters Sign me up By … Read more

Hawkish Fed Has Bitcoin Market Feeling Most Fearful in 3 Months

Hawkish Fed Has Bitcoin Market

Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets. What to know: Crypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing. And now the sentiment has deteriorated. Bitcoin’s seven-day call-put skew … Read more

Bitcoin Lightning Fintech ZBD Approved to Receive EU MiCA License by Dutch Regulator

Bitcoin Lightning Fintech ZBD Approved

Countries like the Netherlands are preparing for Mica implementation. What to know: ZBD, a payment platform powered by the Bitcoin Lightning network, said the Dutch Authority for the Financial Markets (AFM) approved its application for a European Union MiCA license. When Micas takes effect and the license is granted on Dec. 30, ZBD will be … Read more