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Quick Take The bitcoin price pulled back to under $100,000 — marking a 5.7% decline in the past day. Over $850 million worth of crypto trades were liquidated on exchanges in 24 hours, predominantly affecting long positions.
The equities exchange posted an amended rule filing on Monday that would allow for in-kind redemptions and creations for the ARK 21Shares Bitcoin ETF and the 21Shares Core Ethereum ETF. Ahead of the U.S. Securities and Exchange Commission’s approvals for spot bitcoin ETFs over a year ago, firms were hashing out technical details over how the redemption process would work for those products.
Quick Take Analog, a blockchain interoperability protocol, raised $5 million at a $300 million token valuation, marking a 150% jump in valuation within a year. Analog is set to launch its token on Feb. 6, following its recent mainnet debut.
Amid market volatility, these three crypto tokens achieved all-time highs. Explore the factors behind their surges and key levels ahead.
XRP's rally to $3.40 has stalled, with bearish signals hinting at a correction. Can it hold $3, or will $2.73 become the next support level?
