BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’Spot Bitcoin ETFs have recorded roughly $500 million in trading volume on the third day of trading, as of press time.Happy Wednesday!The global crypto market cap is $1.67 trillion, with a 24-hour volume of $55.83 billion. The price of Bitcoin is $42,361.10, and BTC market dominance is 49.7%. The price of Ethereum is $2,529.98, and ETH market dominance is 18.2%. The best-performing sector is Transportation, which gained 6%. The Crypto Fear & Greed Index is currently Greed (60). Top NewsBlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’Spot Bitcoin ETFs have recorded roughly $500 million in trading volume on the third day of trading, as of press time. New Bitcoin ETFs did in 3 days what Gold took 36 days to achieve with $1.8 billion in assetsBitcoin ETFs are showing that digital gold can acquire new funds much faster than physical gold at current inflow rate. The ETF showdown: Bitcoin’s store of value vs Ethereum’s technological utilityBitcoin ETFs gain momentum with institutional backing as Ethereum grapples with scaling and security issues. Latest Insights
More NewsCantor CEO confirms Tether holds $86B in reserve to back its stablecoin USDTLutnick made the confirmation during an interview with Bloomberg at the World Economic Forum in Davos on Jan. 16. Chainlink and Circle partner to boost USDC’s cross-chain capabilitiesChainlink said its integration of CCTP will open up new use cases for USDC around payments and DeFi. Theta Labs and NHL’s Vegas Golden Knights partner on NFT fan experiencesNFT holders will gain access to tickets, memorabilia, photo ops, and more. Davos attendees shift toward AI; Ripple and Circle executives commentLeaders from the crypto industry appeared to be unfazed by the trend. Offbeat letter suggests SBF should teach high school math as punishment for crimesYet a reduced sentence for the convicted FTX executive is not unthinkable. |
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BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe
ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070
LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’