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
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
💧Top Funding Rounds in the Last Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
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
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
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.70T. Bitcoin is trading at $42.6K
dropstab | icodrops | twitter | telegram
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
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
Manta Network has introduced its tokenomics.
https://mantanetwork.medium.com/manta-tokenomics-b226f911c84c
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
South Korean payment service KakaoPay will stop providing cryptocurrency services from February 16.
https://www.kakaopay.com/news/notice_detail
Bithumb lists Radworks (RAD) and Magic (MAGIC).
The RAD price has increased by ~14% in 24 hours.
https://m-feed.bithumb.com/notice/1644416
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