Crypto Daybook Americas: Bitcoin, Gold Rally in Tandem on Regulatory Outlook, Muted Tariff Effects

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin remains well supported above $100,000 as it eyes record highs, buoyed by reports that the new SEC leadership has established a task force to develop a framework for crypto assets. Pundits have long said regulatory clarity could pave the way for further price appreciation. Gold’s … Read more

Bitcoin Sales by Long-Term Holders Seem to Have Bottomed Out: Van Straten

Long-term holders of bitcoin (BTC) seem to ended their selling spree, a change in strategy that’s helped convert the psychological $100,000 resistance price into a support level for the first time. With one, short-lived exception, the largest cryptocurrency has held above $100,000 since Jan. 17. The past few days have been extremely volatile due to … Read more

CME Bitcoin Options at Most Bullish Since U.S. Election, ETF Inflows Surge

On Tuesday, bitcoin (BTC) options trading on the Chicago Mercantile Exchange (CME) showed the strongest bullish sentiment since Donald Trump’s Nov. 5 election victory. Traders scrambled to buy calls, or options offering asymmetric upside exposure, driving the skew higher to 4.4%, the most since early November, according to data tracked by digital assets index provider … Read more

Bitcoin Mining Economics Expected to Be Stable, Profitable in 2025, Canaccord Says

Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday. The broker said mining fundamentals are strong, “with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range per bitcoin for most leading players.” The world’s largest cryptocurrency was trading around $105,000 at … Read more

Ethereum Core Developer Eric Conner Departs as Vitalik Dismisses Calls for Leadership Change

Eric Conner, a prominent core developer at Ethereum, has left the ecosystem community after a nearly 11-year affiliation citing network co-founder Vitalik Buterin’s dismissal of a leadership shake-up proposal. Conner is a co-author of EIP-1559, the major network change that shifted how transaction fees worked on Ethereum. He isn’t officially employed by Ethereum but has … Read more

Donald Trump’s Official Token Surges 25%, Some Observers See it as Bet on His Presidency

TRUMP memecoin riches have spurred billions of dollars for the newly sworn-in U.S. President Donald Trump, an amount he termed as “peanuts” compared to corporate bigwigs in his first address of the token since launch. “I don’t know much about it other than when I launched it. I heard it was successful,” Trump said in … Read more

Monero’s ‘Basing Pattern’ Breakout Points to Price Gains Ahead

Privacy-focused digital assets might make some noise soon as their leader, monero (XMR), has broken out of a prolonged “basing pattern,” signaling a bullish shift in momentum. For over two years, monero was locked in a basing pattern or low-volatility price consolidation between $100 to $200, marking a demand-supply equilibrium following the crash from the … Read more

Deribit’s Crypto Trading Volume Nearly Doubled to Over $1T in 2024

Need evidence of the crypto market’s maturation? Look no further than Deribit, the crypto exchange that registered record trading volumes in 2024. Total trading volume in Deribit’s product suite, which comprises crypto options, perpetual futures, volatility futures, and spot market, rose 95% from $608 billion in 2023 to $1.185 trillion in 2024. Options alone registered … Read more

Trump-Affiliated World Liberty Financial Makes Another TRX Buy

World Liberty Financial Financial (WLFI), the crypto project backed by the family of U.S. President Donald Trump, has made another purchase of Tron’s TRX for its treasury on-chain data shows. “As a strong advocate for blockchain technology and innovation in cryptocurrencies, I’m excited to see World Liberty Financial integrate TRON as a key part of … Read more

Solana Bull Bets Big on SOL Rallying to $400

A significant SOL options block trade crossed the tape on Deribit via the OTC network Paradigm late Monday, suggesting expectations for a price rally to $400 by the end of February. The trade, structured as a bull call spread, involved a long position in the $280 call and a simultaneous short position in the $400 … Read more

The Ethereum Foundation Has Lost Its Way

The Ethereum Foundation is a paradox. Despite its commitment to decentralization, it operates as a centralized entity, with a director, a treasury, paid developers, and an inner circle. These structures, while necessary for coordination, create tensions with Ethereum’s decentralized ethos. The Foundation Today It is not widely known, but the current foundation was constructed in … Read more

Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices

Cryptocurrencies in the emerging artificial intelligence (AI) agents sector soared on Tuesday while bitcoin (BTC) stalled below its Monday record highs as traders await for the first crypto-specific actions from the Donald Trump administration. AI16Z and AI Rig Complex’s ARC rallied over 30% through the day, while GRIFFAIN, ZEREBRO also booked double-digit advances. Part of … Read more

Ethereum’s Vitalik Buterin Goes On Offense Amid Major Leadership Shake-up

It’s been a rough year for the Ethereum Foundation, the grant-giving nonprofit that helps support Ethereum, the best-known blockchain behind Bitcoin. As Ethereum loses market cap and mindshare to competitors, the foundation has been beset by scandal. Vitalik Buterin, Ethereum’s co-founder and chief figurehead, has laid out a new plan to right the ship. “We … Read more

SEC Forms New Crypto Task Force Spearheaded by Hester Peirce

Gary Gensler only officially stepped down as chairman of the U.S. Securities and Exchange Commission (SEC) yesterday, but the federal agency’s approach to crypto is already getting an overhaul. Acting Chair Mark Uyeda announced Tuesday that the agency has created a crypto task force dedicated to “developing a comprehensive and clear regulatory framework for crypto … Read more

EU Regulator Urges Nations to Ensure Compliance with Stablecoin Rules Soon

The European Securities and Markets Authority has urged national authorities in the European Union (EU) to ensure that exchanges are no longer making non-compliant stablecoins available for trading within the next two months. The regulator has requested that the 27 member states in the EU ensure crypto asset service providers (CASPs) are compliant when it … Read more

Aviation DePIN Network Wingbits Raises $5.6M for Decentralized Flight Tracking

Wingbits, a decentralized physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6 million in funding. DePIN, the model of using hardware secured by a decentralized network, could be seen as a blockchain equivalent of the cloud computing services offered by Big Tech giants like Amazon and Google. The investment round, which takes … Read more

Investment Management Firms Want to Bring Trump Coin to Institutions With a New ETF

Crypto issuers surely seem to think anything is possible now that Donald Trump is in office. Exchange-traded fund issuer Rex Shares and crypto asset manager Osprey Funds on Tuesday filed for numerous crypto-focused exchange-traded funds (ETF), including a Trump ETF, according to a filing with the Securities and Exchange Commission (SEC) on Tuesday. The ETF … Read more

Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company

Smart Valor, a crypto exchange and AI-led investment company, is exploring a possible sale of all or part of its business. The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from large global exchanges, crypto platforms and traditional finance (TradFi) institutions including banks and trading platforms, CEO and co-founder … Read more

Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

Circle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote. The companies closed the deal this morning, a Circle spokesperson told CoinDesk and was announced in Davos, Switzerland during the annual World Economic Forum meeting. The companies didn’t reveal pricing details. Circle aims to … Read more

CoinDesk Indices Rolls Out New Index That Diversifies Exposure Beyond the Top 20 Digital Assets

CoinDesk Indices, a subsidiary of CoinDesk, has introduced the CoinDesk 80 Index to address the increasing institutional demand for liquidity across diverse digital assets. The new offering is designed to track the performance of the next 80 digital assets beyond the CoinDesk20 Index, according to a press release. The Bullish exchange, which has surpassed $1 … Read more

CoinDesk 20 Performance Update: ADA Drops 3.2%, Leading Index Lower From Monday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3890.01, down 0.4% (-15.92) since 4 p.m. ET on Monday. Ten of 20 assets are trading higher. Leaders: DOT (+1.9%) and POL (+1.5%). Laggards: ADA (-3.2%) and HBAR (-2.4%). … Read more

Bitstamp to Roll Out Regulated Derivatives Trading in Europe: Sources

Bitstamp, the longest running cryptocurrency exchange, plans to roll out regulated crypto derivatives trading in Europe, according to two people with knowledge of the matter. With its long-standing focus on compliance, Bitstamp is one of a select group of crypto trading platforms to hold a Markets in Financial Instruments (MiFID) license, a pan-European regulatory framework … Read more

MicroStrategy Added 11K Bitcoin for $1.1B, Pushing Holdings to 461K BTC

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Led by Executive Chairman Michael Saylor, MicroStrategy (MSTR) has again added to its massive bitcoin (BTC) stack. In the week ending Jan 19, the company purchased 11,000 BTC for $1.1 billion, taking its total holdings to 461,000 BTC. This latest bitcoin average purchase … Read more