Market Update - Thursday, January 15
- Bitcoin surged to $96K - $97K, while altcoins showed limited movement as Bitcoin dominance reached 59.7%.
- The U.S. Supreme Court has delayed its ruling on the Trump tariff lawsuit.
ETF Spot Update as of January 14:
- Bitcoin gained $183.9 million, with Fidelity contributing $125.4 million. BlackRock has not reported data.
- Ethereum increased by $83.9 million, with no data from BlackRock.
- Solana rose by $21.9 million.
- Pakistan is collaborating with Trump's WLFI project to integrate the USD1 stablecoin for cross-border payments.
- Coinbase has withdrawn its support for the U.S. Senate's crypto bill due to provisions seen as restrictive for tokenization, DeFi, and stablecoins.
- Bitcoin mining company CleanSpark has purchased land in Texas to expand its data center into AI and high-performance computing.
- The Zcash Foundation announced that the SEC has concluded its investigation into the 2023 issuance without taking any enforcement action.
- Sui resumed operations after a nearly six-hour trading halt, which affected over $1 billion in value.
- Project Eleven has raised $20 million to develop solutions for blockchain risks associated with quantum computing.