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Pantera Capital has invested in The Open Network (TON). “TON has the capacity to introduce crypto to the masses,” according to the venture firm.
The seven-day moving average of total daily Bitcoin transaction fees has fallen back to the same level as Ethereum following a decline in Runes activity post-halving. Average daily transaction fees on Bitcoin surged to a record $25.8 million on April 24 before falling back to $4.1 million on Wednesday.
Jito has become the largest DeFi protocol on the Solana blockchain. Jito now holds 10 million SOL ($1.4 billion) in total value locked.
JPMorgan analysts maintain a ‘cautious’ stance on crypto in the near term due to a lack of positive catalysts and declining retail investor interest.Last month, the analysts said the bitcoin price is expected to fall post-halving as the event was already priced in.
“Over the years, Dogecoin appears to mirror its previous bull cycles! All you need is a little bit of patience,” the analyst argued.
Bitcoin derivatives traders are bracing for a summer slowdown in market activity, according to an analyst.
BTC fell well below the $60K mark, SHIB burn rate experienced a significant increase, while XRP remained steady amid the market havoc.
AltLayer has introduced its restaked ALT (reALT) token as the rollup platform begins the second phase of its staking program. Restaked ALT is an auto-compounding ERC-20 token issued to users staking ALT in AltLayer’s main staking pool.
The U.S. spot bitcoin ETFs recorded their largest net daily outflows on Wednesday, with $563.7 million leaving the funds, according to SosoValue data.Fidelity’s FBTC saw $191 million moved out of the fund, exceeding the $167.3 million net outflow recorded by Grayscale’s GBTC.BlackRock’s IBIT saw its first net daily outflow.
- 21:34Congressional Budget Office: U.S. Public Debt Projected to Reach 99.9% of GDP in 2025On January 18, the U.S. Congressional Budget Office (CBO) projected the U.S. budget deficit for fiscal year 2025 to be $1.865 trillion, compared to $1.832 trillion in fiscal year 2024, and the U.S. public debt is projected to reach 99.9 percent of GDP by 2025, and will reach 99.9 percent of GDP by fiscal year 2035, according to current law. Under current law, the U.S. public debt is projected to reach 99.9% of GDP by 2025 and rise to 118.5% by FY2035. U.S. real GDP growth is projected to be 1.9% in 2025, a downward revision from the June forecast of 2.0%, and is expected to grow at an average annual rate of 1.9% between 2024 and 2034. (Golden Ten)
- 21:33U.S. Crypto Stocks Extend Intraday Gains, Soar More Than 5% Across the BoardJanuary 18, according to market information, the U.S. cryptocurrency stocks intraday gains further expanded, the whole line soared more than 5%, of which: Coinbase (COIN) up 5.3%; Trump Media Technology Group (DJT) up 5.02%; Tesla (TSLA) up 5.12%; MicroStrategy (MSTR) up 6.87 percent; MARA Holdings (MARA) up 13.17 percent; Riot Platforms (RIOT) up 6.66%.