What happened in the crypto space in the past 12 hours:
- $BTC drops, hits 95K
- $BTC spot ETF sees massive outflows
- Mt.Gox transfers 720 $BTC
- SEC approves Hashdex, Franklin $BTC $ETH index ETF
- Robinhood lists $BONK
- Doodles hint at token issuance
- $APT CEO Mo Shaikh steps down
- $USUAL continues to update ATH
- $SWELL chain live + $ENA $USDe
- $AVAX launches infraBUIDL (AI) initiative
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• $BTC - Bitcoin drops and hits 95.7K, currently trading around 97K. Over $1B in liquidations occurred in the crypto market in the past 24 hours.
• $BTC spot ETFs - Fidelity's FBTC saw large outflows, with an outflow of -208.5 million USD, and Ark Investment's ARKB saw large outflows, with an outflow of -100.4 million USD. In addition, Grayscale's GBTC saw large outflows, with an outflow of -87.9 million USD. BlackRock's IBIT has not yet been calculated.
• Mt.Gox has transferred about 720 BTC (about 69.7 million USD) to a new unknown address.
• SEC approved the listing applications of Hashdex Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF. Both ETFs hold $BTC $ETH spot.
• $BONK - Robinhood has launched $BONK. The news of $BONK's launch was leaked about a month ago.
• Doodles - Doodles founder
@burnttoast
tipped in a tweet that "the token is coming." As the news spread widely, Doodles' FP increased by about 60% in 24 hours.
• $APT - Aptos co-founder and CEO Mo Shaikh announced his resignation and appointed Avery Ching as the new CEO.
• $USUAL - Despite the sluggish cryptocurrency market, Usual Money $USUAL continues to hit new all-time highs. $USUAL is up about 34% in 24 hours and 93% in 7 days.
• $SWELL $ENA - Swell announced that Swellchain is live, and users can share 31.25 million $SWELL rewards if they complete the bridge and hold assets before December 31. Swell has committed to using most of the Sequencer revenue to accumulate liquidity owned by the sUSDe protocol.
• $AVAX - The Avalanche Foundation announced the infraBUIDL (AI) program, which aims to accelerate AI development within the Avalanche ecosystem.
