Weekly Crypto Preview: 5 Crucial Stories You Shouldn’t Miss

Weekly Crypto Preview: 5 Crucial Stories You Shouldn’t Miss

Summary

- New spot Bitcoin ETFs saw inflows of over $1.4 billion in the first two days, overshadowing Grayscale Bitcoin Trust's outflows of $579 million. - SEC vs. Coinbase hearing on January 17 focuses on Coinbase's Motion for Judgment on the Pleadings, with potential outcomes outlined. - Ethereum saw a 13.8% rise over the last week, reaching its highest USD value since mid-2022, but faces concerns due to $1.35 billion in fresh open interest. - Jupiter token launch on Solana blockchain approaching, with a planned airdrop of JUP token and eligibility criteria for initial airdrop. - MultiversX gearing up for a major announcement following the Sirius upgrade, introducing new features and potential infrastructure cost savings of up to 92%. BTC traded at $42,782.