ᴄʀʏᴘᴛᴏ ᴄᴜʀʀɪᴇɴᴄʏ 💰📀

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💰 Bitcoin ETFs break trend recording modest inflows as GBTC continues outflow According to data from BitMEX, the Bitcoin (BTC) ETF market experienced its first day of net inflows since March 15, collecting a modest $15.7 million, or 221.2 Bitcoin. This event paused five consecutive days of net outflows and represented the second-smallest day of inflows recorded. Despite this positive shift, the larger narrative remained overshadowed by the substantial outflows from GBTC, which amounted to $350.1 million or 4,933.7 BTC. Consequently, GBTC’s cumulative outflows have reached $14,150.6 billion, equivalent to 275,059 BTC.

🖼 Another CryptoPunks NFT Just Sold for $16 Million in Ethereum Ethereum is down this week despite recently setting its highest price in over two years, but the market lull didn’t stop someone from spending big on Wednesday: A CryptoPunks NFT was just purchased for more than $16 million worth of ETH. Punk #7804, one of just nine Alien Punks in the influential Ethereum NFT collection, traded hands for 4,850 ETH on Wednesday afternoon, or $16.42 million at the time of the sale. That makes it the second-largest CryptoPunks sale ever whether measured in ETH and USD.

💰 Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term correction due to lingering leverage might transpire.

Adwa is a town in the Tigray Region of Ethiopia. It's known for being the closest community to the site of the 1896 Battle of Adwa. In this battle, Ethiopian soldiers defeated Italian troops, making Ethiopia one of the few African nations to resist European colonialism.                                                    

💰 Bitcoin Hits Peak Interest on Google Trends Following SEC's ETF Approvals In the week spanning Jan. 7th to the 13th, 2024, Google Trends revealed a peak interest score of 100 for the search term bitcoin. A closer examination of Google Trends over the past three months highlights that this interest surged to its apex on Jan. 11. This was the day after the U.S. Securities and Exchange Commission (SEC) sanctioned 11 spot bitcoin exchange-traded funds (ETFs).

🇮🇳 India Takes a Hard Stance: Nine Crypto Giants Face URL Block After Compliance Notices!

🇲🇪 Do Kwon extradition approval canceled by Montenegro court

💰 Polygon Labs discontinues Edge contributions in favor of expanding CDK use

⚪️ Robinhood Broadens Crypto Service to Europe, Notes Region's Digital Asset Regulation