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🌙 Cryptocurrency Market Extends Losses for Third Day

Bitcoin, Ethereum, and other major cryptocurrencies continue to decline, with market liquidation reaching $404 million in 24 hours.

Author

Mike Gavela
January 09, 2025

In partnership with

Crypto Roundup - January 9

The cryptocurrency market has experienced a downturn, with losses extending for the third consecutive day. In response to criticisms regarding its decentralization, Hyperliquid has actively addressed these concerns to reinforce its commitment to decentralized principles. Looking ahead, Multicoin Capital anticipates the emergence of zero-employee AI companies in 2025, signaling a transformative shift in business operations.

Top Stories

  • Cryptocurrency market experiences downturn, extending losses for the third consecutive day.

  • Hyperliquid addresses decentralization criticisms, reinforcing its commitment to decentralized principles.

  • Multicoin Capital anticipates zero-employee AI companies, signaling a transformative shift in business operations by 2025.

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TOP STORIES

Cryptocurrency Market Extends Losses for Third Day - "The Defiant"

Bitcoin, Ethereum, and other major cryptocurrencies continue to decline, with market liquidation reaching $404 million in 24 hours.

thedefiant.io/news/markets/cryptocurrency-market-extends-losses-for-third-day

Hyperliquid Fights Back Against Lack of Decentralization Complaints - "The Defiant"

Hyperliquid tried to pour cold water on a blazing row about its security and centralized control today.

thedefiant.io/news/blockchains/hyperliquid-fights-back-against-lack-of-decentralization-complaints

Zero-employee AI Companies are Coming in 2025: Multicoin Capital - "The Defiant"

The VC firm’s managing partner says DAOs may be the best way to govern and fund these companies.

thedefiant.io/news/research-and-opinion/zero-employee-ai-companies-are-coming-in-2025-multicoin-capital

FUNDRAISING

OTHER HEADLINES

Raydium launches perpetual futures trading on Solana

Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.

cryptobriefing.com/raydium-perpetual-futures-solana

Polymarket faces backlash over ‘sick’ California wildfire markets

Users online have called the wildfire prediction markets on Polymarket "disgusting" while shaming the company for hosting the bets.

protos.com/polymarket-faces-backlash-over-sick-california-wildfire-markets

Police seize Rolexes worth $2.6m in crypto founder raid

Finnish police have seized over 20 luxury watches belonging to Richard Heart in a raid. Heart is believed to have left Finland, according to police investigators. The development comes after Interpol issued a notice requesting Heart's arrest in December.

www.dlnews.com/articles/people-culture/police-seize-rolexes-worth-26m-in-crypto-founder-raid

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