| Your Daily Digest of the ๐ฅHottest News in Crypto | | | Today's top stories: ๐ BTC rises toward its all-time high ๐ Grayscale launches Dogecoin investment fund ๐ง Memecoin madness: Ulbricht loses $12M, Pump.fun lawsuit ๐ฐ Keep reading to find out about all of today's top stories and more | | | | Bitcoin rises toward its all-time high as futures markets show interest from bulls Bitcoin price moves closer to its all-time high, and the absence of euphoria in derivatives markets is a positive sign. Bitcoin is trading less than 5% below its all-time high of $109,500, yet demand for leverage in perpetual contracts remains balanced between longs (buyers) and shorts (sellers). At first, this might seem concerning, but it does not necessarily increase the likelihood of a correction below $100,000. | | | | | | | | | Grayscale launches Dogecoin investment fund Grayscale Investments has launched an investment fund for Dogecoin, the most popular memecoin by market cap, the asset manager said on Jan. 31. Grayscale Dogecoin Trust offers investors exposure to "the native coin of the Dogecoin network, an open-source peer-to-peer digital currency originally derived from Litecoin, which itself originated from Bitcoin," Grayscale said. The trust is only available to institutional investors.
| | | | | | | | | | [AD] AI is stepping into decentralized finance, cutting through complexity and simplifying the once-overwhelming world of blockchain.
| | | | | Tether clocks $13B in 2024 profits, US bond holdings hit all-time highs Tether, the issuer of the dollar-pegged USDt stablecoin, saw record-breaking profits of $13 billion in 2024 and now has a larger-than-ever stockpile of US government bonds, according to a Jan. 31 announcement. Tether's US Treasury portfolio is now worth approximately $113 billion, the company said. The growth in the company's Treasury holdings reflects the growing popularity of the USDT stablecoin, which Tether says is backed 1:1 with liquid US dollar-denominated assets. | | | | | | | | [Cointelegraph Acceleration] This platform's AI-driven assistant supports tailored real-time notifications and delivers targeted guidance for navigating complex protocols.
| | | | | | | | | OPINION Strategic Bitcoin reserve: Not only for countries but for protocols | | Nations, companies and blockchain protocols consider Bitcoin reserves as a strategic asset, but there's game theory hiding behind the decision-making. | | | | | Metaplanet to buy 21K Bitcoin, Korean exchange users up 450%: Asia Express | | | | Metaplanet aims to buy 21,000 Bitcoin by 2026, DeepSeek spooks Bitcoin, Korean users surge after Trump victory. | | | | | | | 3.5 million people follow us on social media. You should too. | | | | | | | Cointelegraph | 21 W 46th St, New York, NY 10036-4119 USA | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | |