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ICO Drops - ICO News & Alerts

The TUSD stablecoin dropped to $0.985.

“The massive selloff of TUSD reveals panic for its holders over the uncertainties of its reserves and instability related to Poloniex. After a recent hacking incident that targeted Poloniex, TUSD holders find themselves in an increasingly difficult situation to find stability with the USD-pegged stablecoin,” Nick Ruck, chief operating officer of ContentFi Labs, told The Block.

https://www.theblock.co/post/272736/trueusd-drops-below-1-peg-to-0-985-amid-selloff

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ICO Drops - ICO News & Alerts

Solana Mobile plans to launch a second smartphone, a person familiar with the matter said.

The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a "dApp store" for crypto applications – but at a cheaper price point and with different hardware, the person said.

https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/

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ICO Drops - ICO News & Alerts

Fantom reduced the validator self-stake requirement from 500k to 50k FTM.

https://x.com/fantomfdn/status/1746929222202118345

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ICO Drops - ICO News & Alerts

XION unveils Generalized Abstraction Testnet ahead of Mainnet in Q1 2024.

Previously, it raised $11M and is backed by Circle Ventures, Multicoin, Animoca, Spartan, HashKey and more.

https://x.com/burnt_xion/status/1746910163645112445

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ICO Drops - ICO News & Alerts

Mercedes-Benz has unveiled an update to its in-car virtual assistant that includes an NFT gallery and AI voice assistant.

https://group.mercedes-benz.com/innovation/product-innovation/technology/ces-2024.html

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ICO Drops - ICO News & Alerts

💧Top Funding Rounds in the Last Week

👉 https://dropstab.com/insights/latest-fundraising-rounds

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ICO Drops - ICO News & Alerts

Binance Research introduced a study of 2023 trends and promising trends in 2024.

https://www.binance.com/en/research/analysis/full-year-2023-and-themes-for-2024

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ICO Drops - ICO News & Alerts

A United Nations report published Monday suggested that USDT has become a payment method for money laundering and scams in Southeast Asia, according to the Financial Times.

https://www.theblock.co/post/272568/usdt-fraud-southeast-asia-united-nations

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ICO Drops - ICO News & Alerts

Crypto Market Daily Review ☀️

The market is neutral. Market cap is $1.70T. Bitcoin is trading at $42.6K

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

The Bitcoin price was trading below $42,000 in the moment.

BTC is now trading at $42,520.

https://dropstab.com/coins/bitcoin

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ICO Drops - ICO News & Alerts

Injective’s first AMM Launchpad DojoSwap will announce the next launchpad project in 1–2 days’ time and the launchpad will happen on 19th January-20th January.

The DOJO price has increased by more than 80% in 24 hours.

dojoswap/%EF%B8%8F-power-to-dojo-holders-launchpad-utility-eb4a955fbd29" rel="nofollow">https://medium.com/@dojoswap/%EF%B8%8F-power-to-dojo-holders-launchpad-utility-eb4a955fbd29

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ICO Drops - ICO News & Alerts

MicroStrategy Inc.’s co-founder Michael Saylor has been selling company shares leading up to the US Securities and Exchange Commission’s approval of exchange-traded funds investing directly into Bitcoin.

The company’s executive chairman sold between 3,882 and 5,000 shares on certain days between Jan. 2 and Jan. 10, when the SEC made the announcement, data compiled by Bloomberg shows.

The sales likely netted Saylor more than $20 million. It is the first time he has sold shares in nearly 12 years, the data shows.

“The planned sales of up to 5,000 shares will occur each day between January 2, 2024 and April 26, 2024 under the plan,” the spokesperson said in a statement.

https://www.bloomberg.com/news/articles/2024-01-12/microstrategy-s-michael-saylor-sold-shares-daily-in-runup-to-etf-launch

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ICO Drops - ICO News & Alerts

BTC halving is less than 100 days away.

https://coinmarketcap.com/events/bitcoin-halving/

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ICO Drops - ICO News & Alerts

Bitcoin’s decline since the start of trading of exchange-traded funds that hold the cryptocurrency was driven in part by sales of Grayscale Bitcoin Trust shares, according to SkyBridge Capital founder Anthony Scaramucci.

https://www.bloomberg.com/news/articles/2024-01-12/scaramucci-says-grayscale-etf-sales-helped-fuel-bitcoin-decline

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ICO Drops - ICO News & Alerts

Do Kwon could be extradited to the US by mid-March.

His lawyer asked to delay a Jan. 29 trial in an SEC lawsuit.

https://www.bloomberg.com/news/articles/2024-01-12/terra-s-do-kwon-says-extradition-to-us-could-occur-by-mid-march

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ICO Drops - ICO News & Alerts

Crypto Market Daily Review ☀️

The market is neutral. Market cap is $1.71T. Bitcoin is trading at $42.8K

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

Elon Musk's X receives money transmitter license in Utah.

https://www.reuters.com/technology/elon-musks-x-receives-money-transmitter-license-utah-2024-01-15/

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ICO Drops - ICO News & Alerts

US SEC is willing to delay Terraform Labs trial for Do Kwon's extradition.

The SEC asked for April 15, to accommodate scheduling conflicts.

https://www.reuters.com/legal/us-sec-willing-delay-terraform-labs-trial-do-kwons-extradition-2024-01-15/

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ICO Drops - ICO News & Alerts

According to CoinGecko, over 50% of all cryptocurrencies have died. Of the over 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have died.

https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed

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ICO Drops - ICO News & Alerts

Manta Network has introduced its tokenomics.

https://mantanetwork.medium.com/manta-tokenomics-b226f911c84c

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ICO Drops - ICO News & Alerts

Binance has announced the 44th project on Binance Launchpool - Manta (MANTA).

Users will be able to stake their BNB and FDUSD into separate pools to farm MANTA tokens over two days, with farming starting from 2024-01-16 00:00 UTC.

Binance will then list MANTA at 2024-01-18 10:00 UTC and open trading with MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD and MANTA/TRY trading pairs.

https://www.binance.com/en/support/announcement/d408406a0b594b2d82206f7ea9ca60bc

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ICO Drops - ICO News & Alerts

South Korean payment service KakaoPay will stop providing cryptocurrency services from February 16.

https://www.kakaopay.com/news/notice_detail

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ICO Drops - ICO News & Alerts

Bithumb lists Radworks (RAD) and Magic (MAGIC).

The RAD price has increased by ~14% in 24 hours.

https://m-feed.bithumb.com/notice/1644416

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ICO Drops - ICO News & Alerts

Investing giant Vanguard disallowed investors access to spot bitcoin ETFs approved by the U.S. Securities and Exchange Commission (SEC) this week.

The firm has also announced that it will no longer accept the purchase of cryptocurrency products, including bitcoin futures ETFs.

Ark Invest CEO Cathie Wood called this decision “a terrible mistake” and “a strategic blunder.”

https://news.bitcoin.com/vanguard-deepens-anti-crypto-stance-after-disallowing-spot-bitcoin-etf-trading-ark-ceo-says-its-a-terrible-mistake/

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ICO Drops - ICO News & Alerts

With two days in the books, the nine Bitcoin ETFs have taken in +$1.4b in new cash, overwhelming GBTC's -$579m of outflows for net total of +$819m.

https://twitter.com/EricBalchunas/status/1746145426229669972

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ICO Drops - ICO News & Alerts

BlackRock now has 11,439 BTC worth more than $497 million for its Spot Bitcoin ETF.

https://watcher.guru/news/how-much-bitcoin-does-blackrocks-spot-etf-hold#google_vignette

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ICO Drops - ICO News & Alerts

BlackRock CEO Larry Fink wants to tokenise stocks, bonds and all financial assets.

https://www.youtube.com/watch?v=HTveRlW7QPo

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ICO Drops - ICO News & Alerts

JPMorgan doesn't see more than 50% chance of spot Ethereum ETF approval by May.

https://www.theblock.co/post/272417/spot-ethereum-etf-approval-chance-jpmorgan

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ICO Drops - ICO News & Alerts

Top 100 losers in 24 hours: BSV(-13%), BONK(-13%), ROSE(-10%), BCH(-10%), XEC(-10%), RUNE(-10%).

https://dropstab.com/insights/top-performance

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ICO Drops - ICO News & Alerts

GameStop has decided to wind down its NFT marketplace due to the continuing regulatory uncertainty of the crypto space.

The platform will no longer be operating as of February 2 this year.

https://decrypt.co/212761/gamestop-bails-on-crypto-gaming-killing-nft-marketplace

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