Ether options trading volume in the month of January has reached an all-time high, according to The Block.
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Since Bitwise published its bitcoin wallet for its spot bitcoin ETF, many crypto users have sent small amounts of bitcoin and tokens to it.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin rebounded above $41,000 this morning amid slowing outflows from Grayscale’s GBTC spot ETF and $110 million in liquidations.
Crypto projects are offering points instead of airdrops — to the delight of VCs and the chagrin of everyone else.
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund’s total value.
OKX’s pool previously supported the mining of multiple proof-of-work cryptocurrencies, as well as offering staking services.
The Nasdaq-listed firm raised the capital from an undisclosed institutional investor to enhance its production capacity.
