🇺🇸🧑💻 BitGo Prices US IPO Above Marketed Range, Eyeing $212.8 Million Raise - link
🏦 The Senate Banking Committee has indefinitely postponed work on the bill regarding the structure of the cryptocurrency market after Coinbase exited the process. The resumption of work is not expected for several weeks. link
🔓 Hashed has released a litepaper for Maroo, a new L1 blockchain designed specifically for the Korean won (KRW).
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🐳 The "$3M Deposit to Short" whale has opened new short positions in $PEPE and $HYPE with 10x leverage. However, due to low margin, the whale got partially liquidated in all positions, and the market rose.
Current Stats:
- 1,609.89 $BTC ($144.76M)
- 31,732.34 $ETH ($95.78M)
- 2.55B $PEPE ($13.22M)
- 594,495 $HYPE ($12.94M)
- 527.308 $XMR ($270K)
The whale's profit has plummeted from over $24.8M to $3.4M. link
Current Stats:
- 1,609.89 $BTC ($144.76M)
- 31,732.34 $ETH ($95.78M)
- 2.55B $PEPE ($13.22M)
- 594,495 $HYPE ($12.94M)
- 527.308 $XMR ($270K)
The whale's profit has plummeted from over $24.8M to $3.4M. link
🇹🇭📊 Thailand's Securities and Exchange Commission (SEC) is preparing new regulations to support crypto ETFs, crypto futures trading, and tokenized investment products.
SEC Deputy Secretary-General Jomkwan Kongsakul stated that Thailand plans to issue regulatory guidelines for crypto ETF establishment early this year, advance crypto futures trading on the Thailand Futures Exchange (TFEX) with market maker mechanisms, and recognize digital assets as an official asset class under the Derivatives Act. #regulation link
SEC Deputy Secretary-General Jomkwan Kongsakul stated that Thailand plans to issue regulatory guidelines for crypto ETF establishment early this year, advance crypto futures trading on the Thailand Futures Exchange (TFEX) with market maker mechanisms, and recognize digital assets as an official asset class under the Derivatives Act. #regulation link
🕵️ #BTC 2024–2025 Mark the Largest Long-Term Bitcoin Supply Release in History
“Bitcoin is not only undergoing a price cycle, but potentially a transition in who holds it and why—and long-term holder supply behavior is one of the clearest on-chain signals of that shift.” link link
“Bitcoin is not only undergoing a price cycle, but potentially a transition in who holds it and why—and long-term holder supply behavior is one of the clearest on-chain signals of that shift.” link link
📝 Spot Bitcoin, Ether ETF Outflows Accelerate, Totaling Nearly $1 Billion - #etf link
🗣 Binance Founder CZ says he's in talks with a dozen governments about tokenizing their assets.
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🇺🇸🗣 Chairman of the U.S. Senate Agriculture Committee John Boozman stated that Republicans on the committee have not yet reached a compromise with Democrats on several "fundamental political issues" related to cryptocurrency market legislation. link