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Quick Take In a letter sent to SEC Chair Gary Gensler on Wednesday, the two lawmakers pointed to the agency’s January approval of spot bitcoin ETFs, which has so far brought in billions of dollars.
Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases on a monthly basis.The company reported a top- and bottom-line first-quarter earnings beat.
Aave V4 would be built with a new architecture to minimize disruptions to third-party integrators.
The world’s largest asset manager sees BTC fund outflows for the first time, while the most money left Fidelity’s product
“Shiba Inu appears to be forming a bull flag on the daily chart,” Ali Martinez argued.
Bitcoin has bounced back above the $59,000 mark and ether made a similar brief spike above $3,000 in the past 24 hours.Analysts suggest specific U.S. Federal Reserve and Treasury actions could restrain the dollar’s recent rally, which could be positive for risk assets.
Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.
- 17:21Gray-scale transfer of 5,611 ETH to CEX Prime-related addressesOn January 17th, Arkham monitored a transfer of 5,611 ETH, valued at $19.13 million, from Grayscale to CEX Prime hot wallet addresses about 12 minutes ago.
- 17:19U.S. Bitcoin ETFs Net Inflows 7,222 BTC, Ether ETFs Net Inflows 56,608 ETH on January 17thAccording to monitoring, ten U.S. bitcoin ETFs had net inflows of 7222 BTC ($750.5 million) on January 17, of which BlackRock inflowed 5253 BTC ($545.93 million), and it currently holds 559,564 BTC, which is about $58.15 billion; nine ethereum ETFs had net inflows of 56,608 ETH ($193.45 million), of which BlackRock Ryder inflows of 33,314 ETH ($113.87 million), and it currently holds 115,761 ETH, or about $3.96 billion.