Market
Stablecoins
Record-breaking Solana USDC volume signals growing stablecoin dominance
Solana has emerged as one of the most dominant blockchain networks for USDC transactions.
Derivatives
Bloomberg analyst queries Matrixport’s Bitcoin ETF potential rejection claim
Rejections claims for Bitcoin ETF triggers market panic and heavy losses for long BTC traders.
Investments
Bitcoin dominates as crypto investments skyrocket by 170% to $2.2 billion in 2023
Inflows into Bitcoin-related products surged by around 400% last year.
Exchanges
Binance dominance fell to 44% last year amid mounting regulatory and legal woes
Binance faced substantial regulatory issues from authorities in the U.S. and Europe.
Crypto
Bitcoin’s price risk slumping to $36k if SEC denies ETF applications, Matrixport warns
Matrixport stated that the SEC might reject ETF applications because of the SEC's compliance demands.
Crypto
Insiders at MicroStrategy and Coinbase sell crypto stocks worth over $350M
Bitcoin advocate Michael Saylor to sell $216 million of MicroStrategy stock for crypto expansion
Hacks
Radiant Capital suspends DeFi lending on Arbitrum after $4.5 million ETH exploit
Blockchain security firms, including CertiK, stated that Radiant Capital suffered a flashloan attack.
Analysis
Bitcoin’s rise to $45k propels crypto stocks to robust year opening
Bitcoin's price rallied above $45,000 for the first time today since March, 2022.
Hacks
Crypto phishing scams net $300 million from unsuspecting investors in 2023
Malicious players leverage wallet drainers to orchestrate their phishing attacks against investors.
Crypto
Bitcoin price could hit $50,000 by weekend, Matrixport says
Bitcoin's looming supply crunch coupled and institutional interest may fuel its price breakthrough.
Tokenization
Major token unlocks slated for January with Aptos leading at $234 million
Token unlock wave set to release $600 million worth of crypto assets into circulation.
Crypto
New year begins with $225M in crypto market liquidations
Tellor Tributes' TRB token recorded the most losses during the period.