π΅οΈ According to ZachXBT, a victim lost over $282 million worth of LTC and #BTC in a hardware wallet social engineering scam on January 10. The attacker converted the stolen LTC and #BTC into Monero, causing a spike in XMRβs price, and part of the #BTC was bridged via Thorchain to Ethereum, Ripple, and Litecoin networks. Disclosed theft addresses hold approximately 2.05 million LTC and 1,459 #BTC. β
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π IBKR ForecastEx's cumulative notional volume has exceeded $1 billion, with roughly $388 million in the past three months. It has shown some rebound, likely benefiting from Kalshi's strong growth since last year, though recent weekly volumes remain between $30 million and $80 million. IBKR ForecastEx refers to the Forecast Contracts trading service operated by ForecastEx LLC and provided through Interactive Brokers. β link
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πΊπΈπ½ On January 16 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $395 million, with only BlackRock's IBIT posting net inflows.
Spot Ethereum ETFs saw total net inflows of $4.64 million, marking five consecutive days of inflows.
XRP spot ETFs recorded net inflows of $1.12 million, while Solana spot ETFs saw net outflows of $2.22 million. β link
Spot Ethereum ETFs saw total net inflows of $4.64 million, marking five consecutive days of inflows.
XRP spot ETFs recorded net inflows of $1.12 million, while Solana spot ETFs saw net outflows of $2.22 million. β link
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πΊπΈπ A White House crypto advisor confirmed that the US Department of Justice has not sold any Bitcoin forfeited from the Samourai case, dispelling rumors.
Data from Bitcoin Treasuries indicates that the US government holds 328,372 Bitcoin, valued at over $31.3 billion at current market prices. β link
Data from Bitcoin Treasuries indicates that the US government holds 328,372 Bitcoin, valued at over $31.3 billion at current market prices. β link
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π #ETH exit queue is now at zero
Meanwhile, ETH entry queue is at 2,597,838 which is the highest level in 2.5 years.
Insane demand for staking Ethereum.
Meanwhile, ETH entry queue is at 2,597,838 which is the highest level in 2.5 years.
Insane demand for staking Ethereum.
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π€ The White House is contemplating withdrawing support for the cryptocurrency market structure bill if Coinbase fails to reach a satisfactory profitability agreement with banks. Officials expressed frustration over Coinbase's "unilateral" actions, labeling them a "provocation" against the White House and the broader industry, emphasizing that one company cannot represent the entire sector. β link
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π Genius Terminal, a trading terminal invested in by YZi Labs and advised by CZ, hit an all-time high on January 16 with a single-day trading volume of $650M, of which $525M was contributed by EVM networks.
The platform's weekly trading volume has surpassed $1.57B and has accumulated over 27,700 wallets, with an average trading volume of $65,000 per trader. This surge in volume is likely driven by expectations of a future airdrop. #airdrop β link
The platform's weekly trading volume has surpassed $1.57B and has accumulated over 27,700 wallets, with an average trading volume of $65,000 per trader. This surge in volume is likely driven by expectations of a future airdrop. #airdrop β link
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ππ #BTC Checkonchain: The short-term holder supply ratio is now above the Break-Even level. Green next?
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βοΈ Nicehash solo miner mined Block 932,373, earning a total reward of 3.157 #BTC ($304) β link
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β οΈ President Trump imposes 10% tariffs on the following countries:
β’ France
β’ Finland
β’ Norway
β’ Sweden
β’ Denmark
β’ Germany
β’ Netherlands
β’ United Kingdom
The tariffs will increase to 25% on June 1st if a deal to acquire Greenland is not reached. #tradewars
β’ France
β’ Finland
β’ Norway
β’ Sweden
β’ Denmark
β’ Germany
β’ Netherlands
β’ United Kingdom
The tariffs will increase to 25% on June 1st if a deal to acquire Greenland is not reached. #tradewars
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