Crypto Events Recap, January 6-8
Bitcoin
The bitcoin price has broken through the $45,000 mark, as anticipation grows that regulatory approval for US spot bitcoin ETFs could be granted this week.
The crypto market saw over $10M of liquidated short positions. BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity and Valkyrie have filed S-1 forms before a potential spot Bitcoin ETF approval. This is the final step before the SEC decides whether to approve the applications for spot bitcoin ETFs.
Coinbase
Coinbase entered the process of acquiring a MiFID-licensed entity to expand its derivatives offering in the EU.
AIT Protocol
Launched Beta version of its Data Annotation Platform designed to train AI models. The platform will be live for 3 days until January 11th.
Grayscale
The asset manager has dropped its 2% management fee to 1.5% as part of its proposed uplift to a spot bitcoin ETF.
Nakamoto Games
Unveiled its Multicoin Wallet on Telegram launching this week. Among features: send and receive crypto, prizes for gamers, UX, etc.
Clearpool
Introduced Credit Vaults, open-ended single-borrower pools launching on a new chain soon.
Binance
Conducted Proof of Reserves audit, confirming that more than 100% assets are secured.
Starknet
Approves community vote to add the ability to use STRK token for paying transaction fees.
Bitfinex
Will remove the products/services access for certain UK customers due to regulatory requirements.