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Quick Take Rap superstar Drake’s X account was seemingly hacked and used to promote a Solana memecoin based on the rapper’ cartoon “alter ego” to his more than 39 million followers on Saturday night. The memecoin saw $5 million worth of trading volume before traders surmised the posts, which were later taken down, were fake. Several high-profile X accounts have been exploited in a similar manner in recent weeks.
BlackRock has no immediate plans to launch an XRP ETF, according to Jay Jacobs, the firm’s Head of ETF Department. The firm is focusing on expanding the reach of its Bitcoin and Ethereum ETFs. XRP ETF approval may be delayed, with the SEC’s response timeline stretching to the end of 2025.
- 07:27DWF Labs Partner: Trump is doing the best marketing for the crypto marketPANews reported on January 18th, DWF Labs partner Andrei Grachev tweeted that Trump is doing the best marketing for the cryptocurrency market.
- 07:25Data: The circulation of USDC has increased by about 1.1 billion in the past 7 daysPANews reported on January 18th, according to official data, within the seven days up to January 16th, Circle issued approximately 3.3 billion USDC and redeemed about 2.2 billion USDC, increasing the circulation by around 1.1 billion coins. The total circulation of USDC is about 46.4 billion coins with a reserve of approximately $46.5 billion USD, including roughly $5.8 billion in cash and an estimated $40.8 billion held in the Circle Reserve Fund.
- 07:23Yesterday, the net inflow of Bitcoin ETF spot in the United States was 975 million US dollarsGolden Finance reports, according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF yesterday was 975 million US dollars.