U.S.-based spot Bitcoin ETFs saw net outflows of approximately 818 million dollars on January 29. Spot Ethereum, Solana, and XRP ETFs recorded combined net outflows totaling hundreds of millions of dollars.
The Central Bank of the UAE approved the dollar-pegged USDU stablecoin as the country’s first licensed payment token.
BlackRock filed an application with the SEC for a new Bitcoin ETF designed to provide regular income.
Heavy profit-taking was observed in precious metals last night, wiping trillions of dollars off the combined market value of gold and silver.
Bitcoin is trading at 82,226 dollars, while Ethereum is trading at 2,710 dollars.
The Fear and Greed Index stands at 28, indicating a fear-driven market sentiment.
Today’s scheduled developments include the release of the U.S. annual Producer Price Index data and the start of the NumerCon California event for Numeraire.
