☕️ Here are the top events in #Crypto from the past 24 hours.
📊 Market Updates
🔸 BlackRock's IBIT records first two-week streak of outflows despite Bitcoin ETF inflows rebounding, while Ethereum ETFs log modest $38M outflows.
🔸 Bitcoin ETFs see $900M inflows as BTC reclaims $97K, with traders cautious about January outlook and institutional interest resurging.
🔸 DEX futures hit $285B in 2024, with Hyperliquid leading at 78.8% of volume, as decentralized platforms gain ground on CEX dominance.
🔸 Bitcoin network settled $19T in 2024, doubling 2023 volumes, while market cap hit $1.9T and hashrate peaked at a record 1,000 EH/s.
🌟 Highlights
🔸 Base explores bringing COIN to its layer 2 network for US citizens, with regulatory clarity needed as the idea remains in an exploratory phase.
🔸 Wall Street Pepe raises $40M in its ICO, offering trading signals, staking rewards, and competitions, with potential for record-breaking growth.
🔸 Coinbase acquires Bux's Cyprus unit, securing a MiFID II license to expand derivatives offerings across Europe, rebranding it Coinbase Financial Services Europe.
🔸Phantom denies token airdrop rumors after social feature launch, announces Sui blockchain integration as its fourth supported Layer 1 network.
🔸Aave’s proposal to peg Ethena’s USDe to USDT faces community backlash, with critics questioning risk mitigation and underlying strategy.
🔸 15 suspected insider wallets profited $20M from Solana’s Focai memecoin launch, raising concerns about market fairness and decentralization.
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