The week of 01/15 in brief. The news concerning Bitcoin and cryptocurrencies is constantly in flux. It can happen that vital information gets lost in the daily flow of information and that you miss important points. This format is here to remedy that. We look back at last week’s news in Hebdo Crypto in order to keep you informed on the current situation of cryptocurrencies.
Crypto news in brief
▶ JP Morgan skeptical about Ethereum ETF. Indeed, following the approval of the Bitcoin ETF, many are now considering an Ethereum ETF. However, this would require ETH to be qualified as a commodity and not a security.
▶ Solana Mobile returns with “Chapter 2”. The crypto smartphone brand has announced the launch of a new phone. This comes a few weeks after stocks of the Saga model ran out driven by announced airdrops.
▶ Rollup or Validium? Vitalik Buterin speaks about layers 2 and their names. He recalled that an L2 that uses a data availability layer such as Celestia cannot be considered a rollup.
▶ Grayscale and Blackrock: the big winners in the ETF race. Between them, they represent 75% of the already billion-dollar Bitcoin Spot ETF market.
▶ Circle CEO envisions significant regulation for stablecoins in the United States. At the same time, the company is reportedly preparing an IPO.
▶ Cancun Deneb hard fork successfully deployed on Ethereum’s Goerli testnet. The update will then be deployed on Sepolia as well as Holesky before finishing its journey on the Ethereum mainnet.
▶ This week, Romain takes us to decipher the consequences of the ETF on Bitcoin.
The 5 metrics of the week
➤ 15 billion dollarsit’s the amount of the attack that was attempted by a hacker on Bitfinex via XRP. Fortunately, Bitfinex had the right settings for receiving XRP on its platform, which helped avoid the worst.
➤ $0.98it’s the price at which the stablecoin TrueUSD (TUSD) is traded. Unfortunately, it is struggling to regain its peg at $1, creating widespread uncertainty around this stablecoin.
➤ January 31it’s here date when Jupiter airdrop (JUP) will be distributed to users. This airdrop is eagerly awaited by the community, and has led to renewed enthusiasm on Solana since the start of the year.
➤ 1000€it’s about amount from which European crypto companies will have to keep their eyes peeled. This is what Europe has announced and will apply to PSAN companies to combat money laundering.
➤ 66,465it’s the number of BTC that would be held by the Tether company to ensure its reserves. However, the alleged address has never been made official by the company.
Have a good week on the Journal du Coin! 🙂