Bitcoin sees first major weekly price decline since Trump’s election win
Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.
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US lawmakers to make a last-ditch effort to confirm SEC commissioner
Caroline Crenshaw may still have one more chance to be confirmed for a second term as an SEC commissioner before the next session of Congress.

Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.

Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the Binance…

DeFi Market Cap Back Above $1 Billion After March Market Crash
The value of the tokens underpinning decentralized finance, or DeFi, protocols has again surpassed $1 billion.The milestone comes amid a spike in the proliferation of DeFi projects, with data aggregator DeFiMarketCap estimating 246 projects to be active.The combined capitalization had crashed below $1 billion amid the March crypto crash that sparked a liquidity crisis for…

Bitcoin all-time high at $76.8K is just the beginning, according to data
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.

Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high
Bitcoin (BTC) stayed motionless at the Nov. 1 Wall Street open as traders rooted for clues over a possible direction.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes of a breakout remain despite BTC sell wallData from Cointelegraph Markets Pro and TradingView showed a narrow range in place for BTC/USD overnight, the day seeing local highs of…

Crypto Custodian Backed By Andreessen Horowitz and PayPal Co-Founder Launches
The Anchorage cryptocurrency custodian for institutional investors launched following a $17 million funding round led by venture fund Andreessen Horowitz, a press release states Wednesday, Jan. 23.According to the announcement, PayPal co-founder Max Levchin’s SciFi VC, venture company Khosla Ventures, Mark McCombe of investment firm Blackrock, and others also took part in the series A…

GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market.Data from on-chain analytics resource Coinglass shows GBTC shares down 34% versus BTC/USD on major exchanges as of June 17.GBTC suffers in market downturnAmid continued turmoil in DeFi spilling over to infect the crypto…