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The S&P 500 rose 1.07%, lifted by Apple’s rally and stronger bank stocks ahead of key earnings reports. Gold surged near a record high of $4,380 as safe-haven demand rose amid the prolonged US government shutdown and expectations of imminent Fed rate cuts. The Coindesk Indices, which tracks the broader crypto market, rose 1.13% with Bitcoin up 1.74% and Ether down 0.16%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is LINK, up 7.9%, following Chainlink Rewards Season Genesis, which engaged 11,000 claimers and boosted the Space and Time ecosystem.
Chainlink (LINK), founded in 2017, is a decentralized oracle network that enables smart contracts to access real-world data and off-chain computation, enhancing blockchain functionality for use cases in DeFi, NFTs, and GameFi. LINK is used for payments, staking rewards, and governance within the network. Chainlink Rewards Season Genesis, launched with Space and Time, engaged over 11,000 claimers who redeemed more than 73 million SXT tokens. The program enabled eligible LINK stakers to claim tokens, supported the growth of the Space and Time ecosystem, and provided insights for future Chainlink Rewards initiatives.
BlackRock has launched its iShares Bitcoin ETP for UK retail investors on the London Stock Exchange, offering institutional-grade exposure to Bitcoin via Coinbase custody. The move follows the success of BlackRock’s US Bitcoin ETF, which became the firm’s most profitable fund in 21 months, now managing over $87.5 billion. CEO Larry Fink has shifted his stance on crypto, likening it to gold as an alternative asset. The UK launch aims to expand regulated retail access to Bitcoin amid volatile markets and ongoing regulatory fragmentation, while broader institutional crypto adoption continues globally.
Category | Flow (millions) |
GBTC | 0.0 |
Non-GBTC | 60.3 |
Total | 60.3 |
Yesterday, Bitcoin spot ETFs saw $60.3 million in net inflows, driven entirely by non-GBTC funds, while GBTC recorded no change.
HeyElsa will take its V2 points snapshot in mid-December to determine token eligibility, with conversion details to follow. The Mindshare leaderboard reward pool has been raised from 0.25% to 0.6% over two epochs, doubling rewards and introducing a new multiplier system that boosts ranks based on verified onchain activity.