Friday, January 30

Crypto

ETHZilla Buys Aircraft Engines Amid Tokenization Focus

The Ethereum treasury company ETHZilla has purchased two jet engines after selling off some of its crypto stash and increasing its focus on asset tokenization.ETHZilla said in a regulatory filing on Friday that it purchased two aircraft engines through a…

Gold Hits Record High Over K As Bitcoin Falls Below K

Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two assets widened. Gold surged to a record high of $5,080 on Monday following a 17% gain so…

Crypto Startup Entropy To Shut Down, Refund Investors

Entropy founder and CEO Tux Pacific says that, after four years and multiple pivots, the project was unable to find a scalable business model.Crypto start-up Entropy is closing down and handing funds back to investors, citing issues with scaling and…

Crypto Market Shaves 0B Amid US Government Shutdown Fears

Around $100 billion was wiped from the crypto market late on Sunday, as uncertainty around another potential partial US government shutdown caused traders to sell off.Senate Democrats threatened to block a funding package if it included money for the Department…

Bitcoin Gets the Macro Bug as ,000 Comes Into Play

Bitcoin (BTC) saw multiday lows into Sunday’s weekly close as bulls faced a week of macro uncertainty.Key points:Bitcoin heads lower as market nerves about upcoming macroeconomic volatility catalysts boil over.Downside risks firmly outweigh the odds of upside, BTC price analysis…

Tezos Upgrades to Tallinn, Block Times Fall to 6 Seconds

Tezos, a layer-1 proof-of-stake blockchain network, implemented its latest protocol upgrade, Tallinn, on Saturday, which reduced block times on the base layer to 6 seconds. The latest upgrade is the 20th update to the protocol, which reduces block times, slashes…

ARK Invest Buys Coinbase, Circle and Bullish as Crypto Stocks Slide

Cathie Wood’s ARK Invest has increased its exposure to crypto-linked equities, adding shares of Coinbase, Circle and Bullish as prices slid across the sector.According to ARK’s daily trade disclosures for Friday, the ARK Innovation ETF (ARKK) purchased 38,854 shares of…

Colombia Pension Giant AFP Protección Adds Bitcoin Exposure

Colombia’s second-largest private pension and severance fund manager, AFP Protección, is preparing to launch an investment fund with exposure to Bitcoin.Juan David Correa, president of Protección SA, confirmed the initiative during an interview with local outlet Valora Analitik. According to…

Bitcoin ETFs Lose .72B in Five-Day Outflow Streak

US-based spot Bitcoin exchange-traded funds (ETFs) have extended their outflow streak to five days as crypto market sentiment continues to wane.Spot Bitcoin (BTC) ETFs posted $103.5 million in net outflows on Friday, continuing an outflow streak that began the previous…

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