Daily Legal Evening News | TIA breaks through $20 in a short period of time, reaching a new historical high; technical indicators suggest that Bitcoin may pull back to $38,000.
Selected News:
1. TIA short-term breakthrough $20, creating a new historical high.
2. SUI broke through $1.4, with a 24-hour increase of 14.26%.
3. Analysis: Technical indicators suggest that Bitcoin may further pull back to $38,000.
4. Data: Ordinals inscription cumulative revenue exceeded 5700 BTC.
5. Beoble announced receiving strategic investment from DWF Labs.
Price Observation
TIA short-term breakthrough $20, creating a new historical high
BlockBeats News, on January 15th, according to OKX market data, TIA short-term breakthrough $20, now quoted at $19.93, reaching a historical high, with a 24-hour increase of 6.95%.
Aevo 上 MANTA 期货价格暂报 2.95 美元 translates to
Aevo's MANTA futures price is temporarily reported at $2.95.
BlockBeats News, on January 15th, according to data from the options trading platform Aevo, the MANTA futures price is temporarily reported at $2.95, with a 24-hour increase of 5.82% and a 24-hour trading volume of $101,494. The current open interest is $303,546.
SUI breaks through $1.4, with a 24-hour increase of 14.26%
BlockBeats News, on January 15th, according to OKX market data, SUI broke through $1.4 and is now priced at $1.4226, with a 24-hour increase of 14.26%.
BlockBeats News, on January 15th, according to Coingecko data, APEX recently rose to a new high of $2.25 before falling back. It is currently priced at $2.03, with a 7-day increase of 44.5% and a 30-day increase of 621.5%.
Transaction Tracking
YGG、LINK、SHIB are among the top Smart Money inflows in the 24-hour ranking list.
BlockBeats News, on January 15th, according to Nansen 2 data, Smart Money's 24-hour fund inflow tracking list on the Ethereum network is as follows:
YGG: Approximately $550,000, currently priced at $0.5331 USD, with a 24-hour increase of 8.33%.
LINK: About $410,000, current price is $15.627, with a 24-hour increase of 8.21%.
SHIB: Approximately $170,000, currently priced at $0.00000972, with a 24-hour decrease of 1.42%.
Anchorage Digital increased its holdings of 12,103 MKR, worth about $24.7 million, yesterday.
BlockBeats News, on January 15th, according to Scopescan monitoring, Anchorage Digital increased its holdings of 12,103 MKR yesterday, about $24.7 million;
0xbb5f initiated a withdrawal of 50,000 AAVE (approximately $5.03 million USD) and 2,452 MKR (approximately $4.95 million USD) from Binance;
Address starting with 0x4a7 withdrew 39,000 AAVE (approximately $3.95 million) and 2,350 MKR (approximately $4.75 million) from Binance.
某以太坊 IC0 参与地址苏醒后进行转账测试 translates to
A certain Ethereum ICO participation address conducted transfer testing after awakening.
BlockBeats News, January 15th. According to on-chain data, an address that was involved in the Ethereum ICO woke up. The address received 200 ETH in the 2015 ICO and transferred 0.01 ETH to an address starting with 0x974 11 hours ago, before transferring back 0.000001 ETH to the same address.
A certain whale applies for about $2.94 million HFT and transfers it to Coinbase Prime.
BlockBeats News, on January 15th, according to FOMO onchain monitoring, a whale claimed about $2.94 million HFT from HFT:Claimer and transferred it to Coinbase Prime.
BlockBeats News, January 15th. According to Cointelegraph, Fidelity stated that the expected Fed rate cut may rekindle the interest of major institutions in decentralized finance (DeFi) and stablecoins, provided that the infrastructure continues to develop further this year.
Fidelity's 2024 Digital Asset Outlook report, released on January 13th, stated that although institutions were expected to enter the DeFi market for its returns last year, they ultimately did not due to the Federal Reserve's interest rate hikes pushing them towards "perceived safer" traditional fixed-income products. "In the current risk-averse environment, institutions believe that the mid-single-digit returns offered by DeFi are too low for the associated risks of experimenting with smart contracts."
The report suggests that if DeFi returns become "more attractive than traditional finance (TradFi) returns again, and more developed infrastructure emerges", institutions may have "new interest" in DeFi by 2024.
BlockBeats News, on January 15th, Binance Research Institute released its 2023 annual review report, which comprehensively analyzed the performance of the cryptocurrency market in the past year. The report shows that the market value of cryptocurrencies increased by 109% in 2023, driven by significant increases in the first and fourth quarters; Web3 projects attracted 1,173 investments totaling $9 billion; decentralized finance (DeFi) TVL increased by 38.9% year-on-year; and the global stablecoin market value fell by 5.2% overall in 2023.
Binance Research has also provided exclusive insights into eight major trends in the cryptocurrency industry for 2024 through professional analysis. These trend themes include: Bitcoin ecosystem development, ownership economy, artificial intelligence (AI), real-world assets (RWA), on-chain liquidity, institutional adoption, and more.
BlockBeats News, on January 15th, CoinShares' latest "Digital Asset Fund Flow Weekly Report" showed that digital asset investment products achieved a capital inflow of 1.18 billion US dollars last week, which did not break the record of 1.5 billion US dollars set when the Bitcoin ETF was launched.
Last week's trading volume reached a record high of $17.5 billion, compared to an average weekly trading volume of $2 billion in 2022. The United States dominated the inflows with a fund inflow of $1.24 billion, while Europe experienced a slight outflow of funds.
Last week, Bitcoin absorbed a capital inflow of $1.16 billion, accounting for 3% of its assets under management (AuM), while short Bitcoin products also saw a slight inflow of $4.1 million. Ethereum attracted a capital inflow of $26 million, and XRP saw an inflow of $2.2 million. Solana, on the other hand, only realized a capital inflow of $500,000 last week. In addition, blockchain stocks also attracted a large capital inflow of $98 million, bringing the total inflow over the past 7 weeks to $608 million.
Data: Ordinals Inscription cumulative revenue exceeds 5700 BTC
BlockBeats News, on January 15th, Dune data shows that the cumulative fee income generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 5,708.5884 BTC, equivalent to approximately 243 million US dollars. Currently, the total amount of inscriptions cast has exceeded 55,472,543 BTC.
Financing Express
Beoble announced strategic investment from DWF Labs
BlockBeats News, on January 15th, Web3 chat solution Beoble announced that it has received strategic investment from DWF Labs, the amount of which was not disclosed.
BlockBeats previously reported that Beoble announced the completion of a $2 million Pre-Seed round of financing in November 2023, with participation from DCG, Samsung Next, HashKey Capital, GBV Capital, Token Bay Capital, Momentum 6, and others.
Regulatory News
Venezuela announces the termination of the Petro cryptocurrency.
BlockBeats News, January 15th, according to Barron's, Venezuela has officially announced the end of the operation of Petro cryptocurrency. The currency was launched by President Nicolas Maduro six years ago to bypass US sanctions, but it did not actually circulate widely and was involved in corruption scandals. According to the message on the only Petro trading platform Patria website, all Petro wallets on the platform will be closed on January 15th and the balance will be converted into the local currency Bolivar in Venezuela.
Petro cryptocurrency was launched in February 2018, backed by Venezuela's vast oil reserves, with an initial price set at $60 per unit. In the face of US economic sanctions, Maduro vowed that Petro would "open up a new form of international financing".
However, the usage of Petro is generally difficult for citizens to understand and has been labeled as a "scam" by some risk assessment agencies. In 2020, Maduro attempted to revive this cryptocurrency by requiring flights departing from Caracas to use Petro to pay for fuel costs and mandating its use for paying national service fees such as obtaining a new passport.
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