Crypto Daybook Americas: Turmoil Across The Pond as Bitcoin Defends $93K After $300B Wipeout Your day-ahead look for Jan. 9, 2025

Market Fears of Potential Selling Pressure From Possible Silk Road Sale is Overblown: Van Straten Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.

Gemini Appoints New Leadership Team in Europe to Boost Expansion Mark Jennings has joined the firm as its new European head and Daniel Slutzkin as head of the U.K., the crypto exchange said.

Dogecoin Slumps 10% Amid Bitcoin’s Slide to $96K, $560M Long Positions Liquidated “History shows these dips often pave the way for bigger bullish movements, especially with where we are in the market cycle now,” one market watcher said, as some foresee a shaky period in January.

Arbitrum Deepens Ties with South Korea’s Lotte Group Lotte’s Caliverse, an AI-driven entertainment experience, is coming to the layer-2 network, allowing web3 users to pay for services with crypto.

Trusted Autonomy: Why Human-Machine Teams Will Run on Crypto Networks Blockchains and smart contracts enable autonomous machines to team with humans in healthcare, education, manufacturing, and defense. Those teams will require secure communications, mutual trust, transparent rules, and crypto-economic incentives to set and complete tasks, says Jan Liphardt, founder of OpenMind.

Coinbase Granted Significant Advance in Court Clash With Gensler’s SEC A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.

Arbitrum Awards Biggest-Ever Foundation Grant to Lotte, the South Korean Megacorp Lotte’s Caliverse, an AI-driven entertainment experience, is coming to the layer-2 network, allowing web3 users to pay for services with crypto.

AI Tokens Fail to Mirror 2024’s Epic Surge Despite Bullish Nvidia Conference AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.

Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.

Agora’s Nick van Eck Is All-In on Stablecoins The man behind AUSD is a true believer in the critical role that stablecoins can play in emerging markets.

Bitcoin’s Potential ‘Head and Shoulders’ Pattern Points to a Sell-Off to $75K: Godbole BTC’s latest price drop might be setting the stage for a major bearish reversal pattern.

U.S. CFTC Chair Behnam Makes Departure Official, Stepping Down on Inauguration Day Like Securities and Exchange Commission Chair Gary Gensler, CFTC chief Rostin Behnam will exit his job on the day that Donald Trump takes the oath of office.

Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten The renewed correlation poses a short-term risk for bitcoin prices, according to an analyst.

CoinDesk 20 Performance Update: POL and LINK Each Fall 3.1% as Index Declines Bitcoin (BTC) was also among the underperformers, dipping 1.4%.

How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio.

Why Ether Could Outperform Bitcoin in 2025 There are growing signs that ether is poised to lead its more well-established rival in the new year.

Ripple Aims to Boost RLUSD Stablecoin’s DeFi Utility with Chainlink Standard Chainlink will provide crucial pricing data for Ripple’s U.S. dollar stablecoin on the Ethereum blockchain.

Bitcoin Price Rally Could Be Accelerated by China’s Market Meltdown, Crypto Observer Says Capital flight from China could find home in alternative assets like bitcoin.

The Next Wave of Corporate Bitcoin Adoption Seems to Be on Its Way Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.