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:

  1. ⚖️ Binance v. SEC court date delayed.
  2. 🧛 EtherFi teases vampire attack.
  3. 📈 Reddit plans IPO.
  4. ⚠️ 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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PROTOCOLASSETSAPY
Solv Funds logoSolv Funds (Arbitrum)USDT52.27%
Jones DAO logoJones DAO (Arbitrum)JUSDC45.67%
Vela Exchange logoVela Exchange (Arbitrum)USDC39.78%
Merkl logoMerkl (Arbitrum)STEURUSDC32.56%
Aura logoAura (Ethereum)DOLAUSDC32.32%
Pendle logoPendle (Arbitrum)GDAI30.07%
Beefy logoBeefy (Arbitrum)MIMARBUSDCEUSDT27.97%
Vesper logoVesper (Ethereum)FRAX27.54%
. . .

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. . .

That’s it for today’s edition! See you soon.

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