Latest Industry Highlights
On January 8th, the blockchain industry saw a series of updates, including crypto market trends, blockchain upgrades, and investment dynamics. Here's a curated overview:
Bitcoin's Movement Decoupled from Macroeconomic Narratives
According to 10x Research, Bitcoin's recent price fluctuations have become less tied to macroeconomic factors, driven more by on-chain activity and market sentiment.
CLARITY Draft Gains Bipartisan Support
The U.S. Senate Agriculture Committee is advancing the CLARITY draft, aiming to establish a clearer regulatory framework for digital assets and enhance market transparency.
Solana Mobile Announces Airdrop of SKR Tokens to Seeker Phone Users
Solana Mobile plans to airdrop 2 billion tokens to Seeker phone users, aiming to boost user engagement and promote ecosystem development.
Ethereum Completes Fusaka Upgrade with BPO Fork Activation
Ethereum developers announced the completion of the Fusaka upgrade, with the BPO fork now live, enhancing network performance and security.
Market Participation is Gradually Rebuilding
Data from glassnode shows a more robust Bitcoin holding structure at the start of the year, indicating a gradual recovery in market participation and growing investor confidence.