Axel Adler, an analyst at CryptoQuant, said bitcoin still needed to accumulate more trading volume if it was to rise above $105,000 in January. "The market structure is still bullish and there are no clear signs of overheating," Mr. Adler said. "We lack enough volume for a strong push. So we are waiting for the market to recover from the holiday season." On January 3, Bitcoin's daily trading volume exceeded $66.70 million, compared to $743 million when it first broke through the $100,000 mark on...
AI data collection startup Sapien completed a $10.50 million seed round led by Variant, with participation from Primitive Ventures, Animoca, Yield Game Guild, and HF0. The Sapien team is led by Rowan Stone, co-founder of Coinbase Layer2 Network Base, and Trevor Koverko, founder of Polymath and author of the RWA standard ERC1400. Sapien uses the USDC stablecoin or reward points system to reward data providers.