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Quick Take The number of DEX traders on Ethereum is down to 63,000, the lowest number of traders since February. This is an excerpt from The Block’s Data & Insights newsletter.
Quick Take CEO Keonne Rodriguez and Chief Technology Officer William Lonergan Hill were charged on Wednesday with operating the Samourai Wallet. Prosecutors say Samourai is an unlicensed money-transmitting business and was involved in over $2 billion in unlawful transactions.
Quick Take The bitcoin halving has historically viewed as a bullish signal. This year, predictions varied. For miners, the bulk of their earnings have been cut by 50% in one day. This is an excerpt from The Block’s Data & Insights newsletter.
Over $6.3 billion worth of bitcoin options and over $3 billion in ether options are set to expire on this Friday on Deribit.The bitcoin option put-call ratio is more skewed towards puts compared to ether’s put-call ratio ahead of the same expiry.
Check out which BTC-related cryptocurrencies performed the best since the start of 2024.
- 22:10Animoca Brands United: expect memecoin to launch its own L1 or L2In an interview, Animoca Brands co-founder Yat Siu said that the crypto industry is at a turning point similar to the one he observed in the 1990s when the Internet first transformed business. The first part of cryptocurrency mass adoption in 2025 will be stablecoin adoption, with the next step being the broader expansion of memecoin into the entire blockchain ecosystem. I expect memecoins to launch their own L1 or L2. they are no longer just tokens, they are building communities and ecosystems, memecoins are essentially cultural symbols,” said Yat Siu. They are attracting attention and building narratives that resonate with people beyond financial speculation.”
- 22:09Three major U.S. indexes were mixed, with the Nasdaq up 1.24 percentThe three major U.S. stock indices were mixed, with the Nasdaq up 1.24%, the SP 500 up 0.55% and the Dow down 0.06%. Cryptocurrency concept stocks surged higher, MicroStrategy rose more than 11%.
- 22:08CleanSpark holds 9,952 bitcoins at the end of 2024, making it the fifth largest BTC corporate holderBitcoin mining firm CleanSpark mined 668 BTC in December 2024 and 7,024 BTC for the year, according to a Jan. 6 report.The company's hash rate, which is the amount of computing power deployed to protect the Bitcoin network, increased 287.9 percent year over year. By the end of 2024, CleanSpark had amassed 9,952 BTC with a total value of $1.01 billion. It is now the fifth largest corporate holder of Bitcoin, surpassing Tesla's BTC holdings.
