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BlackRock’s IBIT spot Bitcoin ETF posted $332.6 million in net outflows on Thursday, marking its largest daily outflow since launching a year ago.Terraform Labs co-founder Do Kwon pleaded not guilty in a Manhattan court on Thursday to multiple criminal charges, including fraud and money laundering, following his extradition from Montenegro, Reuters reported.Stuart Hoegner has retired as General Counsel for Tether and Bitfinex, with Michael Hilliard now in sole charge of their legal operations.The following
AI Agent AiXBT achieves a 48% win rate and 19% average return on 416 promoted tokens, showcasing its mixed impact on crypto markets.
Quick Take DEX futures surge to record high as December sees 10.17% of CEX trade volume shift onchain. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Bitcoin and gold are structurally becoming key components of investor portfolios, according to JPMorgan analysts. As a result, the debasement trade, driven by concerns over inflation and fiat currency devaluation, is here to stay, they said.
Quick Take Crypto wallet Phantom clarified it has no plans to launch a token in response to rumors that circulated following the recent launch of social features on the app. Phantom also announced in December it will add support for Sui, adding a fourth supported Layer 1 blockchain to the wallet alongside Bitcoin, Ethereum, and Solana.
- 06:49BTC breaks through 105,000 US dollarsThe market shows that BTC has broken through $105,000 and is now reported at $105,012, with a 24-hour increase of 2.72%. The market fluctuates greatly, please manage your risk well.
- 06:45Institution: The Bank of Japan's interest rate hike shows it is ready for the normalization of monetary policyChris Scicluna, head of European research at Daiwa Capital Markets, said that the Bank of Japan's decision to raise policy interest rates to 0.5% indicates its determination to guide the economy out of decades-long ultra-low interest rates. Although the rate hike itself was widely expected, the real significance lies in the signal sent by the Bank of Japan, indicating that Japan may finally be ready for monetary policy normalization. The current policy rate is at its highest level since 2008 and it seems that the Bank of Japan wants to push it even higher to a new high since 1995. "The Bank of Japan has embarked on a journey which will test how far it can go without shaking up fragile consumer confidence or broader financial stability."
- 06:38Biden "disappears" from "US President" search results, Google responds: Data errorChainCatcher reports, according to foreign media, that on Thursday Eastern Time, netizens posted on the X platform claiming that when Google searching for keywords such as "US Presidents" and "US Presidents in order", former US President Biden's term was completely ignored. The search results showed Trump as the most recent two-term president, with no trace of Biden's name. The list of presidents before Trump took office in 2016 is error-free, including Obama, Bush and Clinton all the way back to George Washington who was the first US president. Although Google has found the root cause and quickly resolved it, no one knows how long Biden had been "missing" from search results. Google admitted this mistake and attributed it to a "data error".