With Big Tech set to dominate AI, decentralizers made the case for a blockchain governance layer for the next era of the internet. Source: https://www.coindesk.com/consensus-magazine/2024/01/23/at-davos-crypto-pushes-case-for-decentralized-ai/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange said that it will compensate impacted users within 72 hours. Source: https://www.coindesk.com/business/2024/01/23/crypto-exchange-okxs-token-suffers-50-flash-crash-amid-liquidation-cascade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said. Source: https://www.coindesk.com/business/2024/01/23/coinbase-downgraded-to-underweight-bitcoin-etf-catalyst-may-disappoint-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …

Source: https://www.coindesk.com/markets/2024/01/23/avalanche-foundation-puts-rules-on-plans-to-buy-meme-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market …

The Guppy Multiple Moving Average indicator is about to flash a red signal, indicating a strengthening of downward momentum. Source: https://www.coindesk.com/markets/2024/01/23/bitcoin-indicator-which-signaled-late-2023-rally-is-about-to-flash-bearish-signal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Over half of the profits accumulated by short-term bitcoin holders have been wiped out, Bitfinex analysts said in a Tuesday note. Source: https://www.coindesk.com/markets/2024/01/23/solana-avalanche-tokens-slide-as-bitcoin-traders-target-eye-support-at-38k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Republican frontrunner credited former candidate Vivek Ramaswamy for the policy. Source: https://www.coindesk.com/policy/2024/01/23/trump-reiterates-anti-cbdc-stance-credits-vivek-ramaswamy-for-policy-guidance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong’s Hang Seng Index and the CSI 300 both responded to Beijing’s plan to reboot China’s domestic stock market, but bitcoin remains in the red. Source: https://www.coindesk.com/markets/2024/01/23/bitcoin-unphased-by-chinas-stimulus-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines