Grayscale omits authorized participants ✂️, BRC-20 inventor opposes UniSat fork 🚫, CleanSpark launches trading desk 🚀

📌 Daily Crypto, Blockchain & Web3 Update 2024-01-03

CRYPTOCURRENCY

Bitcoin miner CleanSpark to launch in-house trading desk: Report (2 min read)

United States-based Bitcoin miner CleanSpark Inc. reportedly plans to set up an in-house trading desk sometime in 2024 to maximize returns from its Bitcoin (BTC) holdings.

Fidelity and Galaxy announce fees for proposed Bitcoin ETFs: Report (3 min read)

Fidelity will charge 0.39% to shareholders of its spot Bitcoin ETF, whereas Galaxy/Invesco will waive fees for six months before charging 0.59% afterward.

BRC-20 inventor wants to stop UniSat fork (3 min read)

Domo wishes to take a more balanced approach to upgrading BRC-20 assets, while UniSat wishes to pursue the latest enhancements as soon as possible.

Bitcoin-focused company shares surge in pre-market as BTC breaks $45K (2 min read)

MicroStrategy and Coinbase marked 6% and 9% gains, respectively, before the bell in New York.

QUICK LINKS

Grayscale’s latest spot Bitcoin ETF amendment omits authorized participants (3 min read)

Cryptocurrency asset manager Grayscale has filed an amended application with the United States Securities Exchange Commission for its Bitcoin exchange-traded fund (ETF), without listing authorized participant details.

Square Enix will modify organizational structure to support blockchain, Web3, AI in 2024 (2 min read)

The company president says Square Enix will be “aggressive” in its application of AI and other cutting-edge technologies.

OKX to enforce new FCA rules for UK users (2 min read)

Users are required to complete a series of risk assessment questionnaires before they can begin trading.

IRS rules require reporting data from $10k crypto transactions in 2024 (3 min read)

Some parts of the infrastructure bill signed by President Joe Biden are now active. These include rules stating that digital asset transactions over $10,000 must be reported to the IRS.

Crypto voters could provide ‘key swing’ in 2024 US elections: CCI poll (3 min read)

A poll of 454 voters in December 2023 showed “significant ticket-splitting” among Republican and Democratic candidates for U.S. president and Congress in 2024.