Nvidia is the crypto’s new love

Hello, and welcome to another crypto news round-up by Coinigy.

We’re surely experiencing happy days

• Bitcoin surges over $53K 
• Ethereum is over $3K

Another aspect of the market currently experiencing good times is the AI token section.

Thanks to Nvidia’s AI initiatives, most tokens in the category are up over 8%

… some did 40%+ over the weekend.

I had a discussion with some degens over the weekend and they mentioned that AI tokens are the top narrative this bull run.

I’m watching closely to see how that plays out.

 What are your thoughts, though?

Are you tracking any AI tokens in your Coinigy dashboard right now?

Anyway, here is the news round-up from last week:

• Newly released Satoshi emails reveal a treasure trove of early Bitcoin lore
• Coinbase reported Q4 earnings Thursday. Here’s what stood out
• Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens
• Michael Saylor's MicroStrategy Bitcoin Bet Tops $4B in Profit

Newly released Satoshi emails reveal a treasure trove of early Bitcoin lore

The true identity of Nakamoto remains a point of conjecture throughout the greater cryptocurrency and blockchain community. However, the emails recently published on GitHub by Malmi were initially introduced as evidence in a London court case brought by the Crypto Open Patent Alliance against Craig Wright, who has claimed to be Nakamoto.

Read more here

Coinbase reported Q4 earnings Thursday. Here’s what stood out

The company, for the first time since 2021, saw positive net income during the three-month period — generating $273 million. The net income came after seven straight quarters of net losses.

Here’s the complete article

Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens

The crypto market hit multi-month highs earlier this week, declining a bit, before recovering early Thursday, as traders took profits and market observers looked to the earnings report of chipmaker Nvidia (NVDA) as a catalyst for movements.

Here’s the complete article

Michael Saylor's MicroStrategy Bitcoin Bet Tops $4B in Profit

MicroStrategy began acquiring Bitcoin in the second quarter of 2020 and has purchased additional tokens every quarter since. In December last year, the company was sitting on a profit of nearly $2 billion, but that's since doubled thanks to Bitcoin's more than 20% rally since the start of 2024.

Here’s the full story.

Other Highlights Worth Mentioning

Crypto money laundering activity is down from 2022 - Blockworks

Uniswap Foundation announced it will launch Uniswap v4 in Q3 of this year - CryptoPotato

Bitcoin pre-halving ‘pullback’ calls for $45K BTC price support retest - Cointelegraph

Former US President Trump no longer anti-Bitcoin, says can ‘live with it - Cointelegraph