Author: Oguz Ozdemir
Bitcoin [BTC] prices dipped below the $90k level to reach $89.3k on the 8th of January. At press time, BTC was trading at $91k after dipping in response to news about Morgan Stanley’s Bitcoin ETF. This dip saw $440 million in liquidations, with 70% of them being long positions. The Coinbase Premium Index signaled weak buying pressure from U.S.-based investors, and the wider market sentiment appeared to be cautious despite the gains in January. On-chain metrics show weak demand for Bitcoin Source: Axel Adler Jr on X In a post on X, crypto analyst Axel Adler Jr drew attention to…
Asset manager Grayscale has taken an early step toward expanding its crypto investment lineup by forming new Delaware statutory trusts tied to potential products linked to BNB and HYPE, according to state records.According to Delaware records, the trusts were registered on Thursday. They list CSC Delaware Trust Company as their registered agent. Such trust formations are common preparatory steps for asset managers considering exchange-traded fund (ETF) launches before filing official applications at the US Securities and Exchange Commission, but they do not indicate any regulatory approvals or confirm that filings have been submitted. The inclusion of BNB (BNB) and Hyperliquid (HYPE) stands…
In brief Boston Dynamics introduced the production version of its Atlas humanoid robot at CES 2026 in Las Vegas. Initial deployments will ship to Hyundai facilities and Google DeepMind, with more customers expected in 2027. Hyundai Motor Group holds an approximately 80% controlling stake in the robotics company. Boston Dynamics—whose YouTube videos of robots have both fascinated and terrified users for years—debuted a commercially deployable version of its Atlas humanoid robot at CES 2026 in Las Vegas, marking a shift from research demos to real-world use.The company said the launch followed more than a decade of research dating back to…
In brief SharpLink Gaming staked $170 million worth of ETH on Ethereum layer-2 network, Linea. In October, the firm announced its intentions to stake up to $200 million on Linea to earn higher risk-adjusted yields. Shares of SBET rose 1.4% on Thursday but remain down nearly 37% in the last six months. Publicly traded Ethereum treasury firm SharpLink Gaming has deployed $170 million worth of ETH to Ethereum layer-2 scaling network, Linea, the firm announced on Thursday. The Minneapolis, MN-based firm previously said that it would stake up to $200 million worth of Ethereum as part of a multi-year effort on…
Enjoyed this article? Share it with your friends! The share of Bitcoin BTC $90,580.30 mining powered by sustainable energy has climbed to 56.7% as of January 9, a figure revealed by tech investor and ESG expert Daniel Batten in a post on X. Batten highlights more than just the rise in clean power use. The mining industry is helping renewable energy projects move forward by taking on power from green sources that are otherwise stuck in connection delays of ten to fifteen years.As a result, the payback periods for those developments drop from 8 years to about 3.5 years. Did you…
A newly disclosed software flaw in the Bitcoin staking protocol Babylon may allow malicious validators to disrupt parts of the network’s consensus process, potentially slowing block production during key periods, according to developers.The vulnerability affects Babylon’s block signature scheme, known as the BLS vote extension, which is used to prove that validators have agreed on a block.The bug enables malicious validators to intentionally omit the block hash field when sending their vote extension, which could lead to validator consensus issues during the epoch boundaries of the network, according to a GitHub post published on Thursday.The block hash field tells validators…
Polygon [POL] has extended its strong upward trend after rebounding from a dip below $0.10 last week. Since holding that support, the altcoin has posted higher highs for nine consecutive days, signaling firm buyer control. The rally pushed POL to $0.151, a level last seen in November, effectively erasing all of December’s losses. At the time of writing, the token was trading at $0.1505, up 18.12% on the daily charts. This surge was reinforced by a 98% increase in trading volume and an 18.19% rise in market capitalization, pointing to steady capital inflows. Polygon sees elevated conviction Moreover, as POL…
Optimism announced a 12-month token buyback program on Jan. 8, allocating 50% of Superchain revenue to monthly OP token purchases starting in February. The buyback pressure is estimated at roughly $9.1 million annually, based on the past year’s 5,868 ETH in collected fees.The proposal frames the shift as a transition from pure governance token to value-accrual mechanism tied to ecosystem growth, but the timing raises a sharper question: do buybacks still work when the market has already priced in the playbook?Token buybacks dominated crypto narratives through 2025 as protocols responded to sustained criticism over low-float, high-fully-diluted-valuation tokenomics.CoinGecko data shows buyback…
In brief Spot Bitcoin ETFs have clocked nearly $1 billion in outflows over the past three days. Bitcoin’s recovery is likely to face overhead resistance between $92,100 and $117,400, where top buyers are likely to break even. Options market data signals the end of the January momentum chase, with call skew turning negative and expectations shifting toward a period of sideways consolidation. U.S. spot Bitcoin exchange-traded funds clocked a three-day streak in outflows on Thursday, as new year optimism fades and traders reprice risk.Bitcoin ETFs recorded $205.5 million in outflows for the day, bringing the three-day cumulative netflow to $934.8…
Grayscale Investments has filed trust registrations in Delaware for a BNB ETF and Hyperliquid ETF. These filings come filing an application for the exchange-traded fund with the SEC. Grayscale Takes First Step for BNB and Hyperliquid ETF According to filings on the Delaware website, the asset manager registered two new statutory trusts under CSC Delaware Trust Company. This is the first registration that always come before any registration made at the Federal level. Despite the fact that these filings are not a guarantee for a public listing, they remain largely seen as the first step that asset managers take before…