Middle East-based Sigma Capital unveils $100M fund to accelerate Web3 innovations — link

This market is becoming harder to profit from — since 2023, much of the liquidity has been drained from alts and funneled into memes. However, most memes/pumpfun's tokens are currently leaving retail investors rekt. If you're taking high risks, make sure to play smart and stay cautious.

The narrative will shift soon, and utility-driven projects will take the lead. That will be our cycle.

Bybit will temporarily restrict services in India starting January 12 — link

Bitcoin is seeing its strongest ETF inflows (measured in BTC) since March.

If you're looking for a reason why Bitcoin could push higher, this is it.

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Royal Government of Bhutan deposited 929 BTC ($66.16M) to Binance.

Royal Government of Bhutan currently holds 12,456 BTC ($886.58M).

https://x.com/lookonchain/status/1851205455579922752

? JUST IN : Bitcoin hits $70,000

Retail on-chain activity returns after 4 months

“In the last 30 days, retail demand grew by about 13%, highlighting a scenario that was only seen in March, when we were close to the last historical high.”
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True ?
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Lol crypto
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​​⚡️ About $683M of Positions Liquidated As MtGox Began BTC Transfers and RepaymentsOver the past 24 hours, Bitcoin has fell by nearly 8%, followed by other cryptocurrencies. The lowest BTC price was just around $53.5K.

Amid the decline, nearly $683M of positions were liquidated on the leading futures exchanges:

- $345M on binance
- $173M on okx
- $72.1M on htx
- $54.5M on bybit
- $19.7M on coinEx

Liquidations of long positions significantly outpaced liquidations of short positions:
? $399M (86.4% Long)
? $65M (13.6% Short)