One Bitcoiner spends $64K on 9MB BTC data 💸, Unity cuts 1,800 staff 🌋, Mercari accepts Bitcoin 💯
📌 Daily Crypto, Blockchain & Web3 Update 2024-01-09
CRYPTOCURRENCY
Gary Gensler issues warning on crypto ahead of potential spot Bitcoin ETF approval (3 min read)
As many expect SEC approval of a spot Bitcoin exchange-traded product to be incoming, the commission’s chair warned crypto investments can be “exceptionally risky” and “volatile.”
Bitcoin miner Core Scientific completes $55M equity offering (2 min read)
The offering was oversubscribed, and excess capital will be returned to investors.
Mysterious Bitcoiner spends $64K to inscribe 9MB of data on Bitcoin (3 min read)
The encrypted data was inscribed over 332 transactions with fees ranging from $14 to $2,500 in satoshis, but the motive is still a complete mystery.
Unity cuts 1,800 more staff in ‘company reset’ (2 min read)
The Unity Technologies’ downward spiral continues as the company intends to cut 25% of its workforce—or roughly 1,800 people—in a move it called a “company reset”.
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ARK Invest dumps further 133,000 Coinbase shares as BTC ETF deadline looms (3 min read)
ARK Invest sold off 133,823 shares of Coinbase across three ETFs in its portfolio, accounting for roughly $20.6 million in value as of Jan. 8.
Japanese e-commerce giant Mercari to allow Bitcoin payments from June (2 min read)
Mercari has become a gateway for crypto adoption in Japan after launching several crypto-focused products and services on its platform.
Spot Bitcoin ETF filers to finalize S-1s today: What to expect? (3 min read)
Crypto watchers wait with bated breath for hopeful spot Bitcoin ETF issuers to file final Form S-1 updates today, with many analysts and observers predicting final SEC approvals by Jan. 9 or 10.
Bitcoin-accepting vendors increased 174% in 2023: BTC merchant tracker (2 min read)
The crowdsourced mapping data reports a concentration of Bitcoin-accepting merchants in Europe and Latin America.
Spot Bitcoin ETF fee war begins, issuers amend S-1 filings with lower sponsor fees (4 min read)
Issuers of potential spot Bitcoin ETFs that are awaiting SEC approval have filed amendments to their S-1 forms, which include new competitive fee rates — some as low as 0.24%.