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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Senate Banking Committee cancels confirmation vote for SEC’s Caroline Crenshaw
Senate Banking Committee cancels confirmation vote for SEC’s Caroline Crenshaw

In the meantime, Trump will name either Commissioner Hester Peirce or Mark Uyeda as acting chair

Blockworks·2024/12/18 20:22
Rapidly-growing stablecoin issuer Usual latest to use M^0 infrastructure to launch token
Rapidly-growing stablecoin issuer Usual latest to use M^0 infrastructure to launch token

Quick Take Usual, the issuer of what is now the seventh-largest stablecoin, is launching an extension of M^0’s M token, called UsualM.

The Block·2024/12/18 16:00
Aptos Labs co-founder Mo Shaikh steps down as CEO
Aptos Labs co-founder Mo Shaikh steps down as CEO

Quick Take Mo Shaikh has stepped down from his role as Aptos Labs CEO to “start a new chapter.” Aptos Labs co-founder and CTO, Avery Ching, will assume the CEO position.

The Block·2024/12/18 16:00
Ilya Lichtenstein says he worked alone on the 2016 Bitfinex hack, in his first public comments since entering prison
Ilya Lichtenstein says he worked alone on the 2016 Bitfinex hack, in his first public comments since entering prison

Quick Take In his first public comments since being sentenced, Ilya Lichtenstein said he worked alone to hack Bitfinex, clearing an accusation raised by a Netflix documentary that alleged his wife, Heather “Razzlekhan” Morgan, and father, Eugene Lichtenstein, may have been involved. Lichtenstein said he intends to put his hacking experience to use in the cybersecurity industry after finishing his five-year sentence.

The Block·2024/12/18 16:00
Flash
  • 16:30
    ANALYSIS: Three Big Chain Indicators Suggest Bitcoin Hasn't Reached Cycle Top Yet
    Bitcoin's price has retreated after briefly surpassing $100,000 and remains more than 8% below last year's all-time highs. Analytics suggest that Bitcoin has not yet reached a cycle top. 21Shares analysts note that the current MVRV ratio of 2.5 to 3 suggests that the market is not yet overvalued and is not close to bubble territory. The Net Unrealized Gains and Losses indicator also shows that the market as a whole is not yet profitable, suggesting that bitcoin has not entered an overheated state. Additionally, seller's risk ratios for long-term holders remain well below historical highs, and there is no significant selling pressure. The macroeconomic environment, potential interest rate cuts and expectations of Trump's return to the presidency could also be positive for the crypto market.
  • 16:30
    Value of BlackRock's IBIT Positions Surpasses $55 Billion
    BlackRock's bitcoin exchange-traded fund IBIT's position reached 554,311.086 BTC as of Jan. 15, and the market value of the position surpassed $55 billion, touching $55,464,006,965.44, according to official data.
  • 16:29
    BTC breaks above $99,000
    The market shows that BTC broke through $99,000 and is now at $99,009, down 0.26% in 24 hours, the market is volatile, please do a good job of risk control.
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