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/
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
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
BlackRock CEO Larry Fink wants to tokenise stocks, bonds and all financial assets.
https://www.youtube.com/watch?v=HTveRlW7QPo
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
Top 100 losers in 24 hours: BSV(-13%), BONK(-13%), ROSE(-10%), BCH(-10%), XEC(-10%), RUNE(-10%).
https://dropstab.com/insights/top-performance
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
Orbiter announced the upcoming launch of the token and released information on the upcoming Orbiter and Manta airdrop.
https://orbiter-finance.medium.com/orbiter-manta-airdrop-extravaganza-6811d9c2612a
Tether minted $1 billion USDT.
https://tronscan.org/#/transaction/fbadd6ca945a045e2415cb43f6cfc65086644b4aec01a071aeafbd40b1cf9487
💧 Projects Backed by Paradigm with Potential Airdrop
👉 https://dropstab.com/investors/paradigm
💧Current state of the market in our weekly overview
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StarkWare CEO Uri Kolodny resigns to focus on family health issues, remains on board of StarkWare and Starknet.Foundation.
Ben-Sasson, StarkWare’s President and the co-inventor of STARKs technology, will succeed Kolodny as CEO.
https://www.benzinga.com/markets/cryptocurrency/24/01/36597981/starkware-ceo-steps-down-due-to-family-health-reasons-eli-ben-sasson-takes-the-helm
https://x.com/ukolodny/status/1745427929952133351
Injective has released its mainnet upgrade, Volan.
A few highlights of Volan:
▫️The First Ever RWA Module
▫️Interoperability Expansion
▫️Enhanced Enterprise Grade Scalability
▫️New Exotic Oracle Feed Design
▫️Token Economics Optimizations
▫️Token Burn Enhancements
https://x.com/Injective_/status/1745525117587705949?s=20
BNB Chain has introduced the BNB Beacon Chain Fusion Roadmap: Six Month Plan.
https://www.bnbchain.org/en/blog/navigating-the-bnb-beacon-chain-fusion-roadmap-six-month-plan
Rumors: Citi, Edward Jones, UBS, Wells Fargo, Vanguard, Merrill are reportedly blocking its customers from buying into the new BTC Spot ETFs.
https://twitter.com/EleanorTerrett/status/1745505459958673739
The Bitcoin price was trading below $42,000 in the moment.
BTC is now trading at $42,520.
https://dropstab.com/coins/bitcoin
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
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
BTC halving is less than 100 days away.
https://coinmarketcap.com/events/bitcoin-halving/
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
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
Nyan Heroes is now available on the Epic Games store.
https://store.epicgames.com/en-US/p/nyan-heroes-dev-aacbbd
Sipher has unveiled its Cinematic Trailer and Open Alpha Pre-registration campaign.
https://twitter.com/playSIPHER/status/1745612200893665602
BlackRock CEO Larry Fink said he “sees value” in a spot Ethereum ETF.
https://www.theblock.co/post/272274/blackrock-ceo-larry-fink-sees-value-in-spot-ethereum-etf-following-bitcoin-launch
BitMEX Research: “Looks like $400m of net positive flow for the 7 products with data so far. Fidelity is in the lead with $227m flow.”
https://twitter.com/BitMEXResearch/status/1745733534671589657
Filecoin has introduced a database with all ecosystem projects.
https://fil.org/ecosystem/
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.79T. Bitcoin is trading at $45.9K
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30M OP was granted to RetroPGF Round 3 participants.
https://x.com/optimism/status/1745490889294688593
BlackRock's BTC-ETF trading volume exceeded $1 billion and all spot BTC-ETFs exceeded $4 billion.
https://x.com/ericbalchunas/status/1745546235069481360
CoinList has announced the zkLINK Community Sale.
The sale begins on January 25, 2024 at 18:00 UTC and has one public option.
Price: $0.15
Supply: 31,250,000 ZKL tokens
Lockup & Release: 30% unlock on or around March 31, 2024, followed by 9 months of monthly linear vesting
Initial Purchase Limits: $100 minimum, $500 maximum (USDT/USDC only)
Registrations Deadline: January 22, 2024 at 12:00 UTC
https://blog.coinlist.co/announcing-the-zklink-community-sale-on-coinlist/