BlackRock withdrew 6647 BTC and 4179 ETH from Coinbase
Onchain Lens monitoring data shows that as of January 16, BlackRock has withdrawn 6,647 BTC (valued at approximately $6.3809 billion) and 4,179 ETH (valued at ~$13.76 million) from Coinbase over the past 8 hours.
Over the past two days, the asset manager has withdrawn a total of 9,346 BTC (valued at roughly $9.0023 billion) from the exchange.
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Cookie DAO Announces Shutdown of Snaps and Related Creator Activities
On January 16, Cookie DAO—an AI agent index platform—announced that InfoFi is undergoing changes, and it’s time to gradually take Snaps offline: shut down the Snaps platform and all ongoing creator initiatives, while preserving the integrity of Cookie’s data layer and product ecosystem. Following discussions with X’s team regarding its API and usage policies, the platform decided to immediately shut down Snaps and all associated ongoing efforts. It is currently in active talks with X to evaluate whether Snaps might relaunch in a new format.
“We’ve consistently maintained compliance with X’s applicable rules and policies. That said, InfoFi appears poised for a major overhaul. We are awaiting further confirmation and guidance from X to see if creator initiatives like Snaps could resume in some capacity going forward.”
“Snaps leaderboard data is sourced from an official data provider, and we remain a Twitter Enterprise API customer. Compliance with X’s policies has always been our t
2 minutes ago
Hawk: Would Have Ability to Convince Colleagues If Appointed Fed Chair
Jan. 16 — Lael Brainard, a leading candidate for the next Federal Reserve chair, pushed back against concerns that she would struggle to convince other Fed officials to back her views if she takes office.
Speaking Thursday, Brainard said: “I’m tough enough to win the debate. Anyone who’s spent five straight years at the White House fielding every question you can ask — like me — is tough enough to face a hostile situation and help people see why they’re right or wrong.”
Brainard has long argued that Fed Chair Jerome Powell and his colleagues have cut interest rates too slowly, a view shared by former President Donald Trump.
Fed watchers note that interest rate decisions are determined by majority vote of the Federal Open Market Committee (FOMC), and a Trump-nominated chair may struggle to build consensus on significant rate cuts.
Brainard also reiterated Trump’s view that the Fed under Powell has shown political bias: cutting rates ahead of the 2024 election but halting its
2 minutes ago
Goldman Sachs CEO Praises Prediction Markets, Plans to Enter Real-World Asset Trading
January 16 — Goldman Sachs is exploring opportunities in prediction markets, looking to capitalize on the fast-growing space focused on wagering on real-world outcomes. The firm’s CEO, Solomon, described prediction markets as “very interesting” and noted he personally met with the heads of the two biggest prediction market firms in the space over the past two weeks.
“We have a team here in touch with them and conducting research,” Solomon stated during Thursday’s analyst conference call, which followed the bank’s release of fourth-quarter earnings. The entry of this mainstream Wall Street institution into prediction markets could boost the legitimacy and trading volume of this loosely regulated yet booming financial niche. Several market maker firms have already entered the space. (Jinse)
2 minutes ago
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