Crypto News
Crypto Daybook Americas: Bitcoin Whipsaws as Risk Assets Get Feel-Good Boost
By James Van Straten (All times ET unless indicated otherwise)The past 24 hours have been among the most hectic in the crypto industry for years, and this was reflected in Thursday's bitcoin (BTC) price, which whipsawed 2% to 3% multiple times in a matter of minutes. Still, it managed to stay above the psychological $100,000 level and is is currently around $105,000.President Trump's rhetoric is continuing to help weaken the dollar, which generally boosts risk assets such as cryptocurrencies. The DXY index, a measure of the U.S. currency against a basket of major trade partners, has dropped to the lowest since Dec. 17, so that should give risk-on assets a feel-good boost. U.S. bond yields and WTI crude oil are...
Tandem by OCL Makes Strategic Investment in Camelot DEX on Arbitrum
Tandem, Offchain Labs' venture arm, invests in Camelot DEX, highlighting its role in Arbitrum's ecosystem with over $46 billion in traded volume and sustainable growth focus. (Read More)Source link
Cryptoquant CEO: China May Already Have Sold Its Bitcoin Stash
Ki Joung Yu, founder and CEO of Cryptoquant, stated that while most lists include China as one of the countries with the most bitcoin, the Chinese government may have already sold its BTC reserves back in 2019. Cryptoquant CEO: China Might Be out of Bitcoin Already While most bitcoin reports list China as one ofSource link
Render Network’s AI Scouts Debut in First Weekly AMA
The Render Network's AI Scouts kicked off their first weekly AMA, discussing AI, blockchain, and future collaborations. Key insights from AI experts Paul Roales, Danny Newman, and Nate Solomon were shared. (Read More)Source link
BitMEX Introduces Enhanced Bug Bounty Program with Up to $60,000 in Rewards
BitMEX announces a special bug bounty initiative on Hackerone from January 25 to February 9, 2025, offering double rewards, with potential earnings up to $60,000. (Read More)Source link