The Office of the President of the Republic of Korea urged the financial regulator, the Financial Services Commission (FSC), to reevaluate its stance on spot crypto Exchange Traded Funds (ETFs), local media outlet Maekyung reported on Jan. 19. The President’s office encouraged the financial regulator to adopt a flexible approach to these financial products instead
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While the launch of spot Bitcoin ETFs in the U.S. put Bitcoin under the spotlight, focusing solely on its price movements provides an overly simplified, shallow representation of the market. It’s important to analyze Bitcoin in the context of other assets — both crypto and traditional. Bitcoin’s relationship with Ethereum has always been meaningful. The
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Quick Take The Bitcoin market is showing differentiation in the behavior of long-term holders (LTHs) and short-term holders (STHs). LTHs, defined as holding Bitcoin for a period of more than 155 days, are beginning to send profits to exchanges. This trend is observed from the time when Bitcoin prices dipped to $26,000 from $30,000 in
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Aave, a decentralized finance (DeFi) platform, has published a governance proposal to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain transfers of its GHO stablecoin.  Aave Wants To Integrate Chainlink’s CCIP For Cross-Chain GHO Transfers The suggestion, floated by Aave Labs, the lending and borrowing protocol’s developer, says the CCIP integration addresses the current

According to the Bitcoin ESG Forecast, sustainable energy-powered Bitcoin mining hit a new record high of 54.5% in 2023, with sustainable mining as a whole increasing by 3.6%. By comparing Bitcoin’s sustainable energy mix to other businesses over the last four years using publicly accessible data, The Bitcoin ESG Forecast

The on-chain analytics firm Santiment has revealed that the altcoins have been showing a recent divergence in network growth. Altcoins Are Observing Polarization When It Comes To Network Growth In a new post on X, Santiment has explained how the altcoins have been separating from each other following the big Bitcoin spot ETF news last

BlackRock’s Bitcoin ETF has broken records—but BTC’s price is down bad since the historic launch of the long-awaited investment vehicles.

Those expecting a run up in bitcoin’s price as spot bitcoin ETFs hit the market last week have been disappointed, but continued interest in the product should only be an upside, analysts say

The European Council issued a press release on January 18 declaring that the European Council and Parliament have reached a provisional agreement on certain aspects of a new anti-money laundering package to protect EU citizens and the EU’s financial system. Related Reading: Crypto Firms Now Included In EBA’s Latest Anti-Money Laundering Regulations Stricter Rules Will

With spot bitcoin funds live, the premium at which MicroStrategy stock trades relative to BTC will compress, but not disappear, TD Cowen analysts say