Key Crypto Market News

🔹As of the morning of January 28, 2025, the price of Bitcoin increased by 0.93%, reaching $102,420. Jupiter (JUP) rose by 15.6%, and KuCoin Token (KCS) gained 12.5%. Meanwhile, Pudgy Penguins (PENGU) dropped by 21.5%.

🔹Amid instability, a record outflow from ETFs was recorded: $522 million from Bitcoin ETFs and $157 million from Ethereum ETFs. MicroStrategy plans to expand its BTC reserves by raising capital through the issuance of securities.

🔹The crypto exchange KuCoin reached an agreement with the U.S. Department of Justice: the company will pay a $113 million fine, and co-founder Chun Gan will step down from his positions.

🔹Coinbase will add support for Venice Token (VVV), focused on decentralized AI. World Liberty invested $10 million in Ethereum, increasing its holdings to 59,265 ETH.

🔹TON is preparing to launch its Layer 2 network and new transaction standards.