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Welcome back to the Daily Coinsauce Newsletter! Let’s dive into today’s updates—there’s a lot to unpack!
💧Top headlines from the last 24 hours:
• North Korean hackers found to be trading on Hyperliquid.
• BTC ETF outlflows continue
📕Educational :
• 2024 crypto recap.
Lets dive in.
📅 Today
Hyperliquid Being Targeted By Hackers ❓️
Several marked North Korean hacker addresses have recently been trading on Hyperliquid, with a total loss of more than $700,000.
Some community members are concerned that these trading activities may mean that North Korean hackers have identified Hyperliquid as a potential target and are testing the stability of the system by executing transactions.
Although we at Coinsauce recommend Hyperliquid for it’s superior UI/UX & potential airdrop opportunities, it is advisable to remain cautious and not keep all eggs in one basket.
Spot ETF Outflows Continue 📉
BTC Spot ETF outflows reached $227M, continuing a 3 day losing streak.
In the meanwhile, Ethereum ETFs had $131M inflows, led by BlackRock.
With BTC already showing some weakness on the chart, it is important for these inflows to pick up quickly, or else we could risk prices re-testing the lower levels of $80,000 - $85,000 soon.
Week 7 and 8 of BTC price discovery are usually corrective in nature, and we are seemingly in the corrective phase once again.
Being cautious here would be prudent.
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🌎 Other News
Base Network Sees Significant Growth In Active Addresses. Read more.
ETH/BTC shows bullish signals for 2025. Read more
Sui TVL surpasses $2 billion. Read more
Aave aims to surpass cycle highs. Read more
Tron Network Accounts Surpass 280 Million. Read more
📕 Educational
📊 Stat of the day
Over the past 7 days, Bitcoin has seen almost no strong buyer momentum in the market.
🤣 Meme of the day
That concludes our update for today!
We appreciate you joining us for the latest news. We aim to provide the best-in-class insights and highlights that keep you well-informed and ready.
Remember to join us on Telegram and Twitter for additional updates and giveaways. Until then, see you next time!
Disclaimer: None of the content shared in the newsletter is financial advice. Always do your own research and analysis before investing.
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