Increased liquidity may lead to lower volatility over time, yet significant fluctuations in risk-off events are still expected.
French crypto market maker Flowdesk has raised $50 million in a Series B funding round amid its growing business and revenue.
Flowdesk will use the funding to grow its over-the-counter (OTC) offering, hiring new personnel and expand its regulatory coverage in Singapore and the U.S.
The figure is nearly 40% less than that of 2022, however it is only provisional, Chainalysis stressed.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.
Ether active options data shows the largest cluster of contracts outstanding are calls with a strike price of $2,550 to expire on Friday.
Research and development firm Delphi Labs and the Astroport Foundation have rolled out a inscriptions platform for the Cosmos Hub network.
BlackRock Head of U.S. iShares Product Rachel Aguirre said both retail and new investors are interested in the firm’s spot bitcoin ETF.
Stablecoin issuer Tether bought another $380 million of bitcoin at the end of last quarter, bringing its total holdings to about $2.8 billion.
