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Crypto Crash, Inflation fears return, MLG hits $100M
Crypto crashes amidst escalating inflation fears. MicroStrategy plans $2bn capital raise to buy BTC.ETFs buying BTC 20x faster than it is being mined. Nation BTC adoption to drive crypto: Fidelity. Czech national bank considers BTC reserve. S. Korea to lift institutional crypto trading ban. BTC sell side liquidity at lowest level since 2018. XRP ETF could soon be a reality: XRP President. CFTC chair Behnam to step down effective Jan 20. Vitalik wants decentralized defence against AI. Coinbase gets major court win against SEC. Arbitrum collabs with S. Korea’s Lotte Group. Bitfinex Derivatives to move to El Salvador. Finnish police seize $2.6m from Hex founder. Coinbase receives virtual currency license in NY.
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