Episode 181
Coinbase has overtaken the Nasdaq and the Stock Exchange of Hong Kong in terms of transaction revenue, generating $5.75 billion over the past 12 months.
Bitcoin's price has underperformed in the fourth quarter, a period that has historically been the most bullish for the cryptocurrency, with prices rising an average of 85% since 2013.
Spot Bitcoin ETFs saw record withdrawals of $671.9 million, snapping a 15-day winning trend, as investors ended a streak of inflows amid a downturn in Bitcoin's price, which fell below $100,000.
El Salvador has secured a $3.5 billion funding deal that will allow it to continue buying bitcoin for its Strategic Bitcoin Reserve, with the country's bitcoin capital markets set to continue growing.
Lombard Finance aims to make bitcoin the collateral of choice in the DeFi ecosystem with its new liquid bitcoin token, LBTC, which will offer a yield-bearing alternative to wrapped bitcoin.