星球日报 | 比特币抛售两大因素“FTX和套利基金”已基本结束；SkyArk创世NFT存款量突破4万枚ETH（1月29日）
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Needham Company analyst John Todaro noted that Thursday was one of the lowest days for GBTC net outflows this week and the third consecutive day of declining outflows, which may indicate that redemptions are starting to slow. While the current market remains difficult to quantify, the sell-off in two of the biggest drivers, FTX and arbitrage funds, is almost over.
Bloomberg Analyst: There’s About a 60% Chance of Spot Ethereum ETF Approval in May
Bloomberg analyst James Seyffart said there is about a 60% chance of a spot Ethereum ETF being approved in May. My fundamental prediction is that theres about a 60 percent chance of approval, but there are a lot of ways they can delay it, he said. If the SEC wants to be ready and wants all issuers to go public at the same time, theyll probably do it in May. 23 unless the SEC can find some way to deny or delay the entire process and take action. If approval in May is unsuccessful, Seyffart believes the resolution will be delayed until 2025. (Blockworks)
BTC exceeded 42,500 USDT, with a 24 H increase of 1.58%
OKX market data shows that BTC exceeded 42,500 USDT and is currently trading at 42,510.8 USDT, with a 24 H increase of 1.58%.
Market changes
CoinGecko data shows that Jupiters trading volume in the past 24 hours was approximately US$388 million, surpassing Uniswap V3 (US$368 million) to rank first among DEXs.
BLast TVL is back above $1.3 billion, with $1.2 billion of ETH deposited into the Lido protocol
DeBank data shows that the total value of assets currently held by the Blast contract address has once again exceeded US$1.3 billion after a recent decline, of which US$1.2 billion worth of ETH is deposited in the Lido protocol, and more than US$130 million of DAI is deposited in the Maker protocol.
Pyth Network pledgers exceed 120,000, and approximately 683 million PYTH are pledged
Dune data shows that the number of Pyth Network pledgers exceeded 120,000, with approximately 683 million PYTH being pledged.
Binance Bitcoin wallet balance has seen an outflow of 2,455.87 coins in the past 7 days
Coinglass data shows that the balance of Binances Bitcoin wallet is currently 561,754.90 coins, and 2,455.87 coins have flowed out in the past seven days; the balance of Coinbase Pros Bitcoin wallet is currently 406,853.73 coins, and 711.04 coins have flowed out in the past seven days.
PEUSD, the stablecoin issued by Lybra Finance, de-anchored to 0.8218 USDT
Coingecko data shows that the stablecoin PEUSD issued by Lybra Finance detached to 0.8218 USDT. It fell to 0.79 USDT three days ago. PEUSD has continued to deanchor since September 23. In addition, DefiLlama data shows that Lybra Finance’s current protocol TVL is US$263 million.
The Avalanche ecosystem has seen a general rise, with COQ, HUSKY, QI, etc. rising sharply
Avalanche ecology has seen general rising prices, among which: Coq Inu token COQ has increased by 17.3% in 24 hours; Husky Avax token HUSKY has increased by 14.8% in 24 hours; BENQI token QI has increased by 14.5% in 24 hours, and is now quoted at US$0.01778; AVAX The 24-hour increase reached 13.4%, and the current price is $36.41; the Colony token CLY has a 24-hour increase of 6.8%, and the current price is $0.25; JOE has a 24-hour increase of 6.37%, and the current price is $0.476.
CRV price on Ethereum flashed to 0.00659 USDT and then recovered to 0.47 USDT
On-chain data shows that the price of CRV on Ethereum flashed to 0.00659 USDT and then rebounded to 0.47 USDT. This situation was caused by large sell orders and a small LP pool on the chain. Prices on the remaining chains and centralized exchanges did not fluctuate.
NFT sales on the Bitcoin chain exceeded $9 million in the past 24 hours, ranking first
CryptoSlam data shows that in the past 24 hours, NFT sales on the Bitcoin chain were approximately US$9.195 million, ranking first. In addition, NFT sales on the Ethereum chain were approximately US$8.458 million, ranking second; NFT sales on the Solana chain were approximately US$5.055 million, ranking third.
DefiLlama data shows that the total market value of stablecoins reaches US$135 billion, of which USDT has a market value of approximately US$96 billion, with a market share of 71.11%.
Ordinals’ accumulated fee income exceeds 5,900 BTC
Dune data shows that the cumulative fee income from the minting of Ordinals inscriptions on the Bitcoin NFT protocol is 5,907.4085 BTC, which is approximately US$246,611,718; the current total number of minted inscriptions has reached 57,643,565.
CoinGecko data shows that the total market value of cryptocurrency is currently back above $1.7 trillion, with a 24 H increase of 0.5%. In addition, BTC’s market share is 48.6% and ETH’s market share is 16%.
ETF related
According to data disclosed by Bitcoin Magazine, the total trading volume of the top five spot Bitcoin ETFs, Grayscale, BlackRock, Fidelity, ARK 21 Shares and Bitwise, has exceeded US$23.6 billion in the first 11 trading days, including: Grayscale Degree trading volume was $12.6 billion, BlackRock was $4.8 billion, Fidelity was $4.2 billion, ARK 21 Shares was $1.3 billion, and Bitwise was $702 million.
According to official data from ARK Invest, as of Friday, January 26, the net assets of its spot Bitcoin ETF ARK 21 Shares Bitcoin ETF (ARKB) were approximately US$10.3 million, and the market value of Bitcoin held reached US$529, 188, 844.60. With approximately 13,250 BTC, the holding size ranks fifth among approved spot Bitcoin ETFs.
Analyst: Charles Schwab may be interested in joining the spot Bitcoin ETF race
There have been recent rumors that Charles Schwab is preparing to launch a spot Bitcoin ETF. Analyst Lisa Shidler spoke about the development in an article on riabiz.com, saying: Schwabs attitude towards cryptocurrencies is mysterious. She took a deep look at how Schwab can leverage its massive scale and competitive Low-fee pricing strategy ventures into spot Bitcoin ETF space.
On Monday, Google will update its policies to allow certain cryptocurrency products to advertise on its main search engine. A Bitcoin ETF appears to meet the criteria, sparking speculation among those in the crypto industry. It is reported that Google’s cryptocurrency and related advertising policy will be revised on January 29 to allow “advertisers who provide cryptocurrency trusts in the United States” to place ads.
Fidelity FBTC becomes the third largest Bitcoin ETF in the world in terms of assets under management
K33 Research senior analyst Vetle Lunde posted on the X platform that the nine newly launched Bitcoin spot ETFs in the United States currently hold a total of 140,490 BTC in total. During the same period, GBTC had a net outflow of 122,580 BTC. Therefore, since its launch, the U.S. Bitcoin Spot ETF has accumulated a net increase of 17,910 BTC.
Bitwise CEO: BITB’s asset management scale has exceeded US$550 million
According to the latest data disclosed by Bitwise CEO Hunter Horsley, $31 million of funds flowed into its Bitcoin ETF BITB today, effectively purchasing Bitcoin on behalf of investors. The ETFs Bitcoin asset management scale currently exceeds 550 million. Dollar. Bitwise set out to create a Tier 1 ETF targeting the unique nature of Bitcoin with minimal fees for investors, Hunter Horsley said, having previously announced that 10% of gross profits would be invested in open source Bitcoin development.
BlackRock’s Bitcoin ETF surpasses $2 billion in AUM
BlackRocks spot Bitcoin ETF is on the verge of reaching the milestone of $2 billion in assets under management as Bitcoin prices rose on Friday, as the companys newly launched product continues to dominate a new class of exchange-traded funds. Bitcoin rose about 5% on Friday, topping $42,000 for the first time in more than a week.
CFTC Chairman Behnam expresses concerns about spot Bitcoin ETFs, raises need for new legislation
Commodity Futures Trading Commission Chairman Rostin Behnam said he is concerned about risks posed by recently approved spot Bitcoin ETF products and renewed his call for cryptocurrency regulatory legislation at the federal level. Behnam’s comments come two weeks after the U.S. Securities and Exchange Commission approved the first spot Bitcoin exchange-traded funds, which have generated billions of dollars in trading activity to date.
Industry news
Bloomberg: FTX’s cash reserves have increased to $4.4 billion by the end of 2023
FTX is selling off crypto assets and hoarding cash as bankruptcy advisers look for a way to repay customers whose accounts have been frozen since the platforms collapse in 2022.
Joint Report Reveals SEC Claims Binance Has Not Produced Important Documents Related to Litigation
A joint report filed on January 25 outlines the progress of the litigation between the U.S. Securities and Exchange Commission (SEC) and Binance Holdings Ltd, BAM. The SEC claims BAM has yet to provide some documents it considers critical to the case. The SEC said it has not made any further filings since BAM filed its latest progress report on December 15, 2023.
According to the Wall Street Journal, regulators in Alaska and Florida have banned Binance’s U.S. subsidiary Binance.US from operating. After Binance founder Changpeng Zhao admitted to violating U.S. anti-money laundering laws, regulators in Alaska and Florida He believes that he, who holds 80% of the companys shares, is unfit to oversee the companys operations after Florida suspended Binance.USs money transmission license and the Alaska Department of Banking and Securities refused to renew Binance.US in January 2024. license.
US CFTC issues warning about crypto AI scams
The U.S. Commodity Futures Trading Commission (CFTC) issued a consumer warning on Thursday about scams powered by artificial intelligence (AI), some of which promise extraordinary returns through the use of cryptocurrency arbitrage algorithms.
Project News
SkyArk’s Genesis NFT Sales Contract Deposits Exceed 40,000 ETH
According to Etherscan data, the amount of deposits in the NFT sales contract address of the 3A gaming platform SkyArk has exceeded 40,000 ETH, and is temporarily reported at 40,438 ETH, which is approximately US$92.46 million.
SubQuery announces plans to launch public token sale and launch mainnet on Base on January 30
Data indexing infrastructure SubQuery announced that it plans to launch a public token sale on January 30, 2024. It will then launch the SubQuery Network mainnet on the second-layer network Base built by Coinbase and plans to launch complete RPC support on the Base chain in March. It aims to promote SubQuery to realize the future decentralization of blockchain technology.
Goledo Finance issued a statement regarding the security incident on the
Polygon zkEVM plans Etrog upgrade to become Type 2 ZK-EVM
Polygon zkEVM previews the Etrog upgrade on the X platform, which will make it more relevant to the Ethereum mainnet. This upgrade will make Polygon zkEVM a Type 2 ZK-EVM, allowing developers to deploy their code on Polygon ZK-EVM, just like on Ethereum. With this update, developers can simply copy and paste the code without making additional modifications. According to an update shared, the 10-day timelock for the Etrog upgrade has been triggered and Polygon developers can join the testing phase of Cardona, Polygon-zkEVM’s new Sepolia-anchored testnet. (CoinGape)
Orbiter Finance announces rebranding to ZK-based Orbiter Rollup
Orbiter Finance announced its rebranding to ZK-based Orbiter Rollup. Orbiter Rollup will be Ethereum’s infrastructure layer with a focus on ultimate interoperability and improved funding efficiency.
OpenSea CEO: Received acquisition interest and is open to potential acquisitions
OpenSea CEO and co-founder Devin Finzer revealed that the company has received acquisition interest, but did not specify when or by whom. When it comes to the topic of acquisitions, Devin Finzer said OpenSea remains open to potential transactions, including a possible acquisition.
dYdX Foundation: dYdX Chain v3.0 upgrade vote has been passed
According to official news, the dYdX Foundation announced that the vote to upgrade the dYdX Chain protocol software to V 3.0 has been passed. The voting rate this time was 88.5%, of which the yes vote rate was 98.9%. The subsequent upgrade is expected to be on January 29, 2024 UTC time. Blocks 7, 147, and 832 were executed around 17:46 on the same day. The dYdX Foundation reminded validators that they need to prepare accordingly for this upgrade.
