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Nine new spot bitcoin ETFs amass over 100,000 BTC in seven days of trading
Nine new spot bitcoin ETFs amass over 100,000 BTC in seven days of trading

Nine new U.S. spot bitcoin ETFs, excluding Grayscale’s converted fund, now hold over 100,000 BTC in assets under management.BlackRock’s spot bitcoin ETF (IBIT) leads with 40,213 BTC in holdings, followed by Fidelity’s FBTC with 34,152 BTC.

The Block·2024/01/23 10:55
Bitcoin price falls below $39,000 as indicators suggest risk of a deeper correction, according to Bitfinex
Bitcoin price falls below $39,000 as indicators suggest risk of a deeper correction, according to Bitfinex

The bitcoin price has fallen below the $39,000 mark, causing a significant decline in short-term holder profits, according to Bitfinex.This market shift could result in increased sell pressure from the short-term holder cohort, analysts added.

The Block·2024/01/23 10:55
Animoca-backed Gamee confirms major exploit of token contracts
Animoca-backed Gamee confirms major exploit of token contracts

Quick Take Gamee confirmed that its GMEE token contracts on Polygon suffered an exploit that resulted in the theft of 600 million tokens. The Gamee token fell 64% over the past 24 hours, with the exploiter converting the stolen tokens into ETH and MATIC.

The Block·2024/01/23 09:34
Bloodbath Continues as Altcoins Keep Plunging and BTC Dumps to 7-Week Low (Market Watch)
Bloodbath Continues as Altcoins Keep Plunging and BTC Dumps to 7-Week Low (Market Watch)

The total crypto market cap has lost approximately $100 billion in the past two days alone.

Cryptopotato·2024/01/23 09:25
Flash
11:45
SpaceX perpetual futures remain effectively priced, while spot token issuance faces setbacks.
According to Bloomberg, SpaceX perpetual futures accurately reflected market sentiment and converged to the stock trading range before the Nasdaq opened, but the SpaceX stock tokenization product was ultimately forced to refund as the trading platform failed to obtain enough underlying shares.
11:41
SK Hynix rumored to launch a shareholder return plan worth hundreds of trillions of won, official response: The specific scale has never been discussed.
SK Hynix responded to Jiemian News stating that it is "exploring various options to enhance shareholder value, but the company has never discussed specific details such as the scale of shareholder returns mentioned in the relevant reports." Previously, The Korea Economic Daily reported that SK Hynix planned to launch an ultra-large shareholder return policy worth 100 trillion Korean won in the fourth quarter of this year, with specific measures including share buybacks and cash dividends. This move was interpreted by outsiders as a major strategic bet by SK Group Chairman Chey Tae-won, aiming to enhance the company’s position and valuation in the global capital market through large-scale shareholder returns.
11:40
Moderna, Inc. recently revealed that the company is actively planning its future product pipeline, and it is expected that as many as three new vaccine products may be launched between 2027 and 2028.
These potential new products include a combined vaccine that protects against both influenza and COVID-19, an updated vaccine for seasonal influenza, and a new vaccine designed to prevent norovirus infection. This plan highlights Moderna’s ongoing expansion and in-depth application of its mRNA technology platform. The company is committed to extending its core mRNA research and development capabilities from the successful response to the COVID-19 pandemic to a broader range of respiratory and even gastrointestinal infectious diseases. If the combined influenza and COVID-19 vaccine is successfully launched, it could simplify public health immunization procedures and provide people with more convenient and comprehensive protection options. The development of a norovirus vaccine marks an important step for the company into a new field of disease prevention.Market analysts have pointed out that if this product pipeline plan progresses smoothly, it could open up new growth opportunities for Moderna in the coming years and strengthen its leading position in the global biotechnology and vaccine sectors. Investors are closely monitoring the progress of these research and development projects as well as their commercialization prospects.
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