Pudgy Penguins' Layer 2 Network Faces Challenges in Attracting Liquidity
Pudgy Penguins' new Layer 2 network, Abstract, has only $33 million locked in despite launching with promotional incentives.

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Pudgy Penguins' new Layer 2 network, Abstract, has only $33 million locked in despite launching with promotional incentives.
Polymarket bettors express skepticism about the establishment of a national Bitcoin reserve following David Sacks' assurances on Fox News.
Spanish law enforcement has arrested 23 individuals and frozen $26.4 million, aided by the T3 Financial Crime Unit.
The upcoming Bitcoin bull run receives a significant boost with CME's Bitcoin BFF launch, designed to enhance trading strategies.
The SEC is opening a public comment period for the Canary Litecoin ETF, showcasing progress in its decision-making regarding the application.
CoinDCX opens a unique cafe in Mumbai to encourage conversations about digital currencies post the WazirX hack.

Tesla's recent earnings reflect a notable increase in Bitcoin valuations due to updated accounting practices.
This article discusses Bitcoin's recent surge past $100,000 following the Federal Open Market Committee's meeting and its implications for the cryptocurrency market.
Tesla has adjusted its bitcoin holdings valuation for the fourth quarter, reporting a significant financial gain.
In a recent decision, the Federal Reserve opted to keep the interest rates unchanged while pointing out that inflation remains a concern.
Vlad Tenev emphasizes the importance of establishing regulations for tokenized securities to ensure the U.S. remains competitive in global capital markets.
Canary Capital's unexpectedly swift move into the ETF space was influenced by political events, notably Donald Trump's candidacy.

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