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Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

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This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving.

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Coin Market

‘DOGE’ could increase economic freedom in US — Coinbase CEO 

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After Elon Musk announced the government agency with the same acronym as Dogecoin’s ticker, the crypto token soared to a yearly high of $0.39.

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'More brutal than expected' — Lyn Alden on ETH/BTC post-election low

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Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election.

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Bitcoin long-term holders do not see $90K 'as an enemy' — Analyst

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A crypto analyst reiterates that “some of these” Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking.

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