Daily Market Wrap | Jan. 04

Hot Topics

  • Bitcoin surges above $91K on Sunday.
  • Turkmenistan legalizes crypto mining and exchanges under central bank licensing to attract investment and drive economic growth.
  • Tom Lee urges BitMine shareholders to approve increasing authorized shares to 50 billion ahead of Jan 14 vote for future splits and growth.

Market Updates

  • Bitfarms sells its Paraguay mining site for up to $30M, exiting Latin America to pivot toward North American AI/HPC infrastructure.
  • Aave Labs explores sharing non-protocol revenue with AAVE holders to ease governance tensions.