Market Brief — Thursday, Jan 15
• BTC surged to $96K–$97K, while most altcoins stayed muted as BTC Dominance hit ~59.7% — classic capital concentration, not alt season energy.
• US Supreme Court once again delayed its ruling on Trump’s tariff lawsuit. Uncertainty stays in play.
📝 Spot ETF Flows (Jan 14)
BTC ETFs: +$183.9M
Fidelity: +$125.4M
BlackRock: data pending
ETH ETFs: +$89.8M (BlackRock data pending)
SOL ETFs: +$23.8M
Quiet accumulation, no fireworks — but flows remain constructive.
🌍 Global / Industry
• Pakistan partners with Trump-backed WLFI to integrate USD1 stablecoin for cross-border payments.
→ Dollar rails expanding quietly, geopolitics aside.
• Coinbase withdraws support for a US Senate crypto bill, arguing it would stifle tokenization, DeFi, and stablecoins.
→ When builders push back, regulation is likely misaligned.
• CleanSpark acquires land in Texas to expand data centers, signaling a pivot beyond Bitcoin mining into AI & HPC.
→ Miners evolving or dying — pick one.
• Zcash Foundation: SEC closed its 2023 investigation with no enforcement action.
→ A small but meaningful regulatory win.
• Sui Network resumed operations after a ~6-hour outage, temporarily freezing >$1B in value.
→ L1s still learning humility the hard way.
• Project Eleven raised $20M to develop defenses against quantum computing risks to blockchains.
→ Sounds far-off, but the clock never stops ticking.
🪂 Airdrops
• Fluent: Update live — check your rank for NFT Sale eligibility.
• Solana Mobile: Airdrop checker open for SKR; nearly 2B SKR to be distributed to users & devs at 09:00 VN time, Jan 21.
Big picture:
BTC climbs alone, ETFs keep buying, regulation stays messy, and infra keeps hardening.
The market isn’t euphoric — it’s patient. And patience, in this cycle, has teeth. $DASH
