$PEPENODE Presale Pops as Nasdaq Ignites Institutional Flows

Bitcoin (BTC) has surged past the $96,000 mark this week, driven by significant inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and a favorable U.S. Consumer Price Index (CPI) report, which alleviated inflation concerns. This price movement marks the end of a prolonged consolidation phase, leading to a wave of bearish liquidations as short sellers exited their positions.

Figure Technology has introduced a blockchain platform designed for direct stock lending, enabling real shares to be issued and lent on a blockchain infrastructure, marking a significant innovation in the equity market.

A special purpose acquisition company (SPAC) affiliated with the cryptocurrency exchange Kraken has filed for a $250 million initial public offering (IPO) on Nasdaq, as indicated in a registration statement submitted to U.S. regulators on January 12. This move marks a significant step for Kraken as it seeks to expand its presence in the public markets amidst a fluctuating cryptocurrency landscape.