This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain. Author: Margaux Nijkerk
Archives for January 2024
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows. Author: Shaurya Malwa
Bitcoin Rebounds Above $44K as Spot BTC ETF Approval Looks Increasingly Likely
Reports swirled that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon. Author: Krisztian Sandor
India’s Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage of the e-rupee (CBDC) “exceeded the milestone of 1 million transactions in a day on Dec. 27, 2023.” A separate letter from one of the banks participating in the e-rupee pilot […]
Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There is a Catch
Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets. Author: Omkar Godbole
