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- Ethereum ETF Decision Delayed
Ethereum ETF Decision Delayed
📈 SEC Postpones Ethereum ETF Decision
SEC's Delayed Decision: The SEC has extended its deadline to March 5, 2024, to decide on Fidelity's proposed spot Ethereum ETF, allowing more time for consideration.
Fidelity's ETF Proposal: Fidelity's Ethereum ETF proposal, submitted in November, is under review. The SEC's recent approval of bitcoin ETFs raises hopes for Ethereum.
Industry Expectations: Analysts like James Seyffart expected the delay, eyeing late May as crucial. Comments hint at SEC's similar view on Ethereum and Bitcoin ETFs. Read More.
️ On today's Top Picks:
- ⚖️ Binance v. SEC court date delayed.
- 🧛 EtherFi teases vampire attack.
- 📈 Reddit plans IPO.
- ⚠️ SatoshiVM top holders funded by same wallet.
Read time: ⏰ 6 minutes
Crypto News
• ⭐️ SEC delays decision on Fidelity's spot Ethereum ETF to March.
• ⭐️ Binance v. SEC court date delayed to next due to snowstorm.
• US Treasury officials call on policymakers to regulate crypto before next crisis.
• Donald Trumps states he will "never allow" a central bank digital currency (CBDC) if elected.
• Kyber opens registration for their Treasury Grant Program for victims of past exploit.
• Public Goods Network to wind down over the next 6 months
• Conflux $CFX unveils an EVM-compatible Bitcoin Layer 2.
Alpha
• ⭐️ EtherFi posts, "deVampire is coming." on X.
• Taiko launches Katla A6 Testnet campaign on Galxe.
• Caldera partners with Decent and launches free Calderascope NFT.
• Dymension $DYM price prediction by mztacat.
• Namada posts Shielded Expedition Genesis Time on X.
• Jumper featured in Galxe's New Year Festival campaign.
• Snapshot posts, "cooking something that you might like, more info soon 👀" on X.
• Gitcoin Passport updates Ethereum stamp.
Airdrops
• Pixels play-to-airdrop campaigns ends as $PIXEL airdrop awaits.
• WOOFi posts, "🪂🔜" on X.
• Element airdrops $MANTA to Manta Girl NFT holders.
• Three Airdrops In One by Crypto Snooper.
Finance News
• US & Chinese finance officials meet to discuss financial stability and capital markets issues.
• US home sales in 2023 lowest tally since since 1995.
• ⭐️ Reddit plans to launch IPO in March.
• Apple $AAPL Watch ban resumes amid patent dispute
• Spirit Airlines $SAVE to potentially refinance debt amid blocked $3.8B merger with JetBlue Airways $JBLU.
• Wayfair $W to lay off 13% of its workforce as it streamlines its business and cuts layers of management.
• Ola Electric to go public with an IPO at an $8B valuation.
Security and Exploits
• BasketDAO exploited for ~$100K due to approval bug.
• ⭐️ SatoshiVM $SAVM top 4 holders were funded by the same wallet according to Bubblemaps.
Token Unlocks
• Injective / 3.67M $INJ / ~$143.2M / JAN 20
• Space ID / 31.82M $ID / ~$10.9M / JAN 21
Funding
• Flowdesk, a digital asset trading firm; raises $50M in Series B funding led by Cathay Innovation.
• Kiln, an enterprise-grade staking firm; raises $17M in funding led by 1kx.
• Agrotoken, a tokenization infrastructure for agrocommodities; raises $12.5M in funding.
• Root Protocol, a portal to Web3; raises $10M in funding led by Animoca Brands.
• WOO X, a digital asset exchange; raises $9M in funding.
• Army of Fortune Metaverse raises $3M in funding led by Anomica Ventures.
• Fetcch, a a pull payments layer for blockchain; raises $1.5M in Pre-Seed funding led by HashKey Capital & AppWorks.
The Degen Farmer
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PROTOCOL | ASSETS | APY |
---|---|---|
Solv Funds (Arbitrum) | USDT | 52.27% |
Jones DAO (Arbitrum) | JUSDC | 45.67% |
Vela Exchange (Arbitrum) | USDC | 39.78% |
Merkl (Arbitrum) | STEURUSDC | 32.56% |
Aura (Ethereum) | DOLAUSDC | 32.32% |
Pendle (Arbitrum) | GDAI | 30.07% |
Beefy (Arbitrum) | MIMARBUSDCEUSDT | 27.97% |
Vesper (Ethereum) | FRAX | 27.54% |
+$600,000,000 in airdrops was lost |
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That’s it for today’s edition! See you soon.
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