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Is Jim Cramer Right About Bitcoin Sell Off?

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Welcome to the Crypto Scroll. web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to.

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  • BTC passes silver as 2nd largest commodity ETF in US (WG)

  • BTC sees its first ever weekly Golden Cross (M)

  • IRS says businesses can hold off on reporting crypto (BW)

  • VanEck is shutting down its BTC futures fund (BW)

  • ProShares files for 5 BTC ETFs (M)

  • Bitcoin and the rest of the crypto market sees massive sell off since Bitcoin ETF approval

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  • Inception Capital (f.k.a. OP Capital) closes inaugural $30M Fund of Funds for emerging crypto managers (TC)

  • DeSo-backed SocialFi app, Focus, raises $20M in less than 24 hours via $FOCUS (FSME)

  • KLIN raises $17M in latest round for crypto staking (M)

  • BitGet pledges $10M for women led web3 startups (CT)

  • Woo raises $9M to boost liquidity of Woo X exchange (M)

  • $1B Deus X Capital to partner with Fabiano consulting to invest in BTC mining (CD)

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  • Ripple blames IPO on SEC ‘hostile crypto stance’ (M)

  • USD tightens grip on international payments to crush BTC De-Dolarization (M)

  • US Senate bills object to CBDC definition as ‘money’ (M)

  • Coinbase and SEC in court over crypto securities (R)

  • Gemini gains regulatory approval in France (MR)

  • Donald Trump claims he will never allow the creation of a CBDC (@WatcherGuru)

  • Socket resumes operations after $3.3M exploit (M)

  • Hacker swipes $3.3M from Bungee crypto bridge (DLN)

  • Web3 security is not as predictable as thought (CCN)

  • HTX experienced a DDOS attack (@theblockupdates)

  • SEC wants to define Security (UC)

  • SEC delays decision on Ethereum ETF (@WatcherGuru)

  • Ethereum devs implement Dencun upgrade on testnet (M)

  • Solana-based Jupiter to launch JUP token January 31 (BW)

  • ETH network transactions hits multi-year high at 1.3M transactions a day (TB)

  • Vitalik explains ETHs new rollup strategy (U)

  • ARK buys $15.9M of its own BTC ETF (CD)

  • Miners offloaded $5B of BTC into ETF (TD)

  • Animoca Brands partners with world chess champion Magnus Carlson to create decentralized chess game (TB)

  • The unknown Satoshi X account has been active lately (@satoshi)

  • Uber CEO says uber will 100% accept BTC and other crypto payments (@altcoindailyio)

  • Blackrock now owns over 25K BTC for their BTC ETF (@WatcherGuru)

  • Are Public testnets a threat to Dapp development (M)

  • Tony Pearce predictions on blockchain collectibles for the masses (@cointelegraph)

  • How crypto tokens die (TD)

  • What are token gated group chats (TD)

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