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Jan. 16, 2025
Biweekly Crypto News Roundup: Market Dynamics and Legal Developments
By: Eliza Bennet
Bitcoin Nears $98,000 Amid Mixed Market Signals
: Bitcoin shows resilience climbing past $97k despite whale sell-offs.
Texas Court Commands Bitcoin Investor to Disclose Keys for $124 Million
: Legal ruling mandates prominent Bitcoin adopter to reveal crypto holdings.
Tether, TRON, and TRM Labs' Digital Asset Freeze
: Significant $100 million freeze across five continents in crypto crime crackdown.
Solana's Impressive Gain Amid Crypto Market Rebound
: SOL emerges as a top performer, gaining over 10% amid market recovery.
Oklahoma Proposes Strategic Bitcoin Reserve
: Bill introduced to allocate $850 million towards Bitcoin as a strategic asset.
Bitcoin ETFs Experience Significant Outflows
: Market sees over $310 million outflows from Bitcoin and Ethereum ETFs.
Do Kwon Pleads Not Guilty in Terra Ecosystem Collapse Case
: The co-founder faces charges on TerraUSD crash resulting in $40 billion loss.
Ripple and Chainlink Collaborate on Stablecoin
: Partnership to bolster RLUSD stablecoin with secure data feeds.
MicroStrategy Expands Bitcoin Holdings
: New acquisition raises company's Bitcoin total to 447,470 BTC.
Arthur Hayes Forecasts Market Peak Amid Liquidity Shifts
: Predicts peak by March influenced by increased dollar liquidity.
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