Jefferies Strategist Eliminates Bitcoin Allocation Due to Quantum Risk Concerns
Jefferies’ Greed & Fear strategist Christopher Wood has slashed a 10% Bitcoin allocation from his portfolio and moved into gold, citing the quantum risk to BTC, Bloomberg reports.
Bitcoin ETF Inflows Surpass $1.8 Billion: Is a Rally to $100K on the Horizon for BTC?
Bitcoin ETF inflows have rebounded, but the total assets under management remains 24% below the all-time high, indicating the recovery has just started.
Newrez Expands Mortgage Approval Process to Include Cryptocurrency Holdings
The new policy will allow borrowers to use Bitcoin, Ether, crypto ETFs and US dollar-backed stablecoins for asset verification and income estimates without liquidation.
Monero Reaches All-Time High This Week: Insights from Crypto Expert ZachXBT on the Driving Factors
ZachXBT said that funds stolen during a social engineering hack were swapped to Monero, helping to push the asset to new highs.
Top White House Crypto Advisor Confirms Unsold Bitcoin from Samourai Case Will Remain in Strategic Reserve
U.S. prosecutors did not liquidate digital assets forfeited by Samourai Wallet developers, according to the White House's top crypto advisor.
CryptoQuant Analyzes Bitcoin's Recent Price Surge Amid Bear Market Conditions
CryptoQuant said bitcoin’s recent rebound looks like a “bear market rally,” with demand conditions less negative but weak.
Market Forecast for January 16: Price Predictions for Bitcoin, Ethereum, XRP, Binance Coin, Solana, Dogecoin, Cardano, Monero, Bitcoin Cash, and Chainlink
The crypto market rally lost momentum as Bitcoin met resistance near $98,000, but technical charts suggest traders will actively buy dips to underlying support levels in altcoins and BTC.
Riot Platforms Stock Soars 11% Following Strategic Bitcoin Sale That Fuels Texas Expansion
The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data
Bitcoin Surges and ETF Investments Rebound While US Crypto Regulations Face Delays: Insights on the Future of Finance
Bitcoin breached the $95,000 mark this week amid a wider market recovery, as investors digested regulatory delays to the much-awaited CLARITY Act in the US.
Google Play Implements Ban on International Crypto Exchanges in South Korean App Store
Play Store will soon require all crypto platforms to register as a VASP with the Korean authorities to offer apps in the region.
Crypto Lender Nexo Signs Historic Sponsorship Agreement with Audi's New Formula 1 Team
The Audi Revolut F1 Team announced Friday that crypto wealth platform Nexo will be its official digital asset partner.
Daily Financial Update: Jefferies Strategist Reduces Bitcoin Allocation Amid Quantum Computing Concerns, Google Play Takes Action Against Foreign Crypto Exchanges in South Korea, and Additional Market Insights
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.