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Quick Take Michael Saylor’s MicroStrategy purchased $7.8 million worth of BTC in April, bringing its total holdings to 214,400 BTC. In all, the firm reported a 5% decrease in year-over-year revenue of $115.2 million.
Last week marked the third straight week of outflows for US bitcoin funds as demand for the BlackRock and Fidelity products hit a low point
Quick Take Moonbirds, recently acquired by NFT studio Yuga Labs, announced a “new direction” that includes both requiring people to own a Moonbird token if they want to commercialize the assets and introducing “a new art direction and 3D avatars built for animation” and Yuga Labs’s Otherside metaverse project. In 2022, Moonbirds adopted the Creative Commons CC0 copyright code, which meant the art became part of the public domain and could be freely commercialized without the owner’s consent.
- 07:27DWF Labs Partner: Trump is doing the best marketing for the crypto marketPANews reported on January 18th, DWF Labs partner Andrei Grachev tweeted that Trump is doing the best marketing for the cryptocurrency market.
- 07:25Data: The circulation of USDC has increased by about 1.1 billion in the past 7 daysPANews reported on January 18th, according to official data, within the seven days up to January 16th, Circle issued approximately 3.3 billion USDC and redeemed about 2.2 billion USDC, increasing the circulation by around 1.1 billion coins. The total circulation of USDC is about 46.4 billion coins with a reserve of approximately $46.5 billion USD, including roughly $5.8 billion in cash and an estimated $40.8 billion held in the Circle Reserve Fund.
- 07:23Yesterday, the net inflow of Bitcoin ETF spot in the United States was 975 million US dollarsGolden Finance reports, according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF yesterday was 975 million US dollars.