BlackRock, MicroStrategy and Fidelity bought ~$94 billion BTC in 2024
Blackrock bought $50 billion BTC in 2024
Microstrategy bought $24 billion BTC
Fidelity bought $20 billion BTC
https://x.com/arkham/status/1877753355927167445
SWELL has introduced Wavedrop 2 Checker
Eligibility: Holders of Black Pearls collected between October 8th and December 17th, 2024.
https://app.swellnetwork.io/dao/swell-city
https://app.swellnetwork.io/earn/portfolio
https://www.swellnetwork.io/post/wavedrop-2-checker
Messari lays off roughly 15% of staff amid industry-wide cuts, CEO Turner confirms
https://www.theblock.co/post/334094/messari-lays-off-roughly-15-of-staff-amid-industry-wide-cuts-ceo-turner-confirms
CFTC Enforcement Director Ian McGinley is leaving the agency.
He led enforcement actions against Binance, KuCoin, Falcon Labs and others.
https://www.coindesk.com/policy/2025/01/10/u-s-enforcement-chief-behind-cftc-crypto-cases-exits-before-trump-arrives
FDIC Vice Chair Travis Hill said he expects the agency, which insures deposits in U.S. banks, to take a more “open-minded approach” to technology and called for more guidance on digital assets in a speech posted on Friday.
Hill’s remarks follow concerns from some in the crypto industry that the FDIC had asked financial institutions to pause crypto-related activity.
https://www.theblock.co/post/334086/fdic-vice-chair-urges-more-open-approach-to-crypto-slams-choke-point-like-tactics
Tether Wants to Hire AI Filmmakers
https://www.bloomberg.com/news/newsletters/2025-01-09/crypto-company-tether-wants-to-hire-ai-filmmakers-bloomberg-crypto
The U.S. Consumer Financial Protection Bureau is looking for public input on proposed rules aimed at giving consumers more protections against fraud in crypto transactions.
Comments on the CFPB's proposed rules are due on March 31, 2025.
https://www.theblock.co/post/334092/us-consumer-financial-protection-bureau-is-asking-for-feedback-on-new-rules-to-protect-crypto-users
Grayscale has updated its list of assets under consideration for Q1 2025
https://www.grayscale.com/blog/general-updates/assets-under-consideration-current-products
Powerloom (POWER) trading has started on Kucoin, Gate and MEXC.
POWER is now trading at ~$0.31
FDV: ~$310M
https://www.kucoin.com/trade/POWER-USDT
Members from Coinbase, Google, a16z and others launched the Aiccelerate DAO to develop AI crypto projects
https://x.com/aicceleratedao/status/1877362656585331050
Stacks Network completes a 500% increase in network bandwidth.
The tenure-extend feature of nakamoto that increases network capacity has been live on mainnet.
Core devs plan to work on several other optimizations in 2025.
https://x.com/muneeb/status/1877609324119216361
Theta Network has introduced the Theta 2025 Roadmap
Theta plans to launch AI Agents and develop the EdgeCloud cloud architecture.
https://medium.com/theta-network/introducing-the-theta-2025-roadmap-c0745ab754de
Standard Chartered is reportedly now set to offer Bitcoin and crypto custody services in the European Union (EU).
https://watcher.guru/news/standard-chartered-to-offer-bitcoin-crypto-custody-service-in-eu
The crypto market is down
BTC Dominance - 56.32%
Market Cap - $3.29T
BTC - $93,779.72 (-0.27%)
ETH - $3,257.36 (-2%)
XRP - $2.29 (-2.41%)
BNB - $688.54 (-1.1%)
SOL - $189.64 (-2.42%)
INJ - $21.2 (-0.92%)
TON - $5.2 (-1.59%)
SUI - $4.84 (+1.38%)
https://dropstab.com
FTX has announced the initial distribution schedule
Repayments likely won’t start before then Feb 25.
https://x.com/sunil_trades/status/1878370811515379942
The prediction website Polymarket was blocked when logging in to Singapore.
https://x.com/wublockchain/status/1878273709011800086
The crypto market is neutral
BTC Dominance - 56.04%
Market Cap - $3.34T
BTC - $94,585.52 (+0.3%)
ETH - $3,283.88 (+1.35%)
XRP - $2.53 (+8.57%)
BNB - $695.84 (+0.48%)
SOL - $187.04 (+0.27%)
INJ - $21.31 (-0.33%)
TON - $5.39 (+0.11%)
SUI - $4.86 (-4.3%)
https://dropstab.com
Kenya is officially preparing to legalize cryptocurrency trading in the country, including Bitcoin, according to officials.
https://watcher.guru/news/kenya-to-legalize-bitcoin-and-other-crypto
The North Dakota State Legislature introduced a resolution aimed at investing “select state funds in digital assets and precious metals.”
https://decrypt.co/300499/north-dakota-considers-state-bitcoin-treasury
Animoca Brands has partnered with Virtuals Protocol
https://x.com/animocabrands/status/1877705704729202869
The crypto market is neutral
BTC Dominance - 56.40%
Market Cap - $3.31T
BTC - $94,189.09 (+0.36%)
ETH - $3,237.12 (-0.52%)
XRP - $2.33 (+1.61%)
BNB - $691.48 (+0.32%)
SOL - $186.21 (-1.68%)
INJ - $21.37 (+0.53%)
TON - $5.38 (+3.28%)
SUI - $5.06 (+4.1%)
https://dropstab.com
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Binance will list aixbt by Virtuals (AIXBT), ChainGPT (CGPT), Cookie DAO (COOKIE) at 2025-01-10 13:00 UTC.
https://www.binance.com/en/support/announcement/binance-will-list-aixbt-by-virtuals-aixbt-chaingpt-cgpt-cookie-dao-cookie-with-seed-tag-applied-6a15c90f03434e5a8ff710b07ec9519e
Synthetix has set its perpetual markets on Arbitrum to close-only mode, meaning traders can no longer open new positions or increase existing ones.
The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase’s Base network.
https://www.theblock.co/post/333973/synthetix-sunsets-v3-perps-on-arbitrum-to-focus-solely-on-base
Renzo has introduced bzSOL: Restaked Binance Staked SOL
Minting available for 24 hours on Jan 14th
https://x.com/RenzoProtocol/status/1877536181573005430
Lummis poised to lead newly created Senate digital assets subcommittee
https://www.theblock.co/post/333918/lummis-poised-to-lead-newly-created-senate-digital-assets-subcommittee
Coinbase is warning customers that the CFTC is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data.
https://www.coindesk.com/policy/2025/01/09/polymarket-s-customer-data-sought-by-cftc-subpoena-of-coinbase-source-says
Google and Microsoft donate $1m each to Trump’s inaugural fund
https://www.theguardian.com/technology/2025/jan/09/google-microsoft-donate-trump-inaugural-fund