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Quick Take: Genesis has been granted permission to sell about 35 million shares in Grayscale’s GBTC fund, which is worth over $1.3 billion.
Many Gerber Kawasaki clients have demonstrated interest in the new spot bitcoin ETFs.Traditional financial institutions and wealth platforms are still reviewing spot bitcoin ETFs before approving and recommending to retail clients.
Quick Take: Starkware’s core contributors and investors will see the first tranche of their tokens unlocked in less than two months after the token goes live next week. That’s because the token was generated a long time before it was made available for trading — something that has caused controversy among the crypto crowd.
Net inflows into spot bitcoin ETFs have reached over $4 billion since their launch, according to CoinShares Head of Research James Butterfill.
Since their approval on January 10, the nine Bitcoin ETFs have accumulated 693,374 BTC, worth over $34 billion.
Solana’s price is increasing in line with that of the majority of the market. It has managed to achieve a considerable milestone in the meantime.
- 16:37Citi: Citi maintains its estimate of the Fed's rate cut this year at 125 bps.Citi reportedly maintained its estimate for the Fed's rate cuts this year at 125 basis points, and in addition, the bank expects more 25-basis-point cuts in 2025, pushing the terminal rate to a range of 3%-3.25%. Elsewhere on Wall Street, other brokers such as Macquarie and Deutsche Bank retained expectations for two more 25 basis point cuts from the Fed this year. The Morgan Stanley team, which includes economist Seth Carpenter and strategist Matthew Hornbach, said officials may opt to implement a series of regular rate cuts (25 basis points) by mid-2025, with two cuts this year and four in the first half of next year.
- 16:36NEIRO Breaks $0.001Data shows that NEIRO broke through $0.001 and is now quoted at $0.001007, up 28% in 24 hours. The market is volatile, please do risk control.
- 16:36DIA successfully upgrades 280 million pieces to USDS within 24 hours of going liveSky posted on the X-Platform that more than 280 million DIAs were successfully upgraded to USDS in the first 24 hours since going live.
