Morning News List of important developments overnight on January 5
21:00-7:00 Keywords: IBIT, Chile, USDC
The total market value of stablecoins has increased by 0.45% in the past week.
2. BlackRock IBIT's first consecutive two-week net outflow of funds;
3. The US spot Ethereum ETF saw a net outflow of $38.10 million this week;
4. Chilean lawmakers are considering legislation on strategic bitcoin reserves.
5. USDC Treasury minted 50 million new USDC on the Ethereum chain;
6. A swing investor who sold short up to 21,613 ETH is currently losing $3.76 million;
7. JP Morgan: "Depreciation trading" will continue because of the growing structural importance of Bitcoin and gold.