Gensler's Crypto Advice As ETF Decision Looms

🚩 SEC's Gensler Cautions on Crypto

Gensler's Warning on Crypto: SEC Chair Gary Gensler warns about the high risks of crypto investments, emphasizing their volatility and past platform insolvencies.

ETF Approval Awaited: The crypto industry awaits SEC's decision on proposed spot bitcoin ETFs, with major firms like ARK Investment having filed applications.

Consistent Cautious Stance: Gensler maintains his cautious approach to cryptocurrencies, not indicating a stance on the pending ETF approvals. Read More.

️ On today's Top Picks:

  1. 📝 Bitcoin ETF issuers submit S-1 final amendments.
  2. 💸 Satoshi Nakamoto receives ~$1.2M in Bitcoin.
  3. 🪂 Manta airdrop for Celestia stakers.
  4. 🔓 Aptos $APT token unlock worth ~$224.6M.

Read time: ⏰ 3-9 minutes


Crypto News


• ⭐️ Bitcoin ETF issuers submit S-1 final amendments amid upcoming SEC decision.

• ⭐️ Satoshi Nakamoto receives ~$1.2M in Bitcoin from unknown user.

Bitcoin produces no blocks for two hours due to mining difficulty & total hash rate variation.

VanEck donates $10K & pledges to donate 5% of Bitcoin ETF profits to Bitcoin Core devs.

CleanSpark purchases 160,000 Bitmain S21 miners for $193.2M.

Coinbase to purchase a company holding a Mifid II license to offer crypto derivatives in the EU.

Mercari, a Japanese e-commerce company plans to accept Bitcoin payments by June.

Alpha


Manta New Paradigm deposits end January 16th.

Burnt launches Blaze Syndicate Community Program.

Parallel Network First Contact quest is live on Galxe.

Airdrops


• ⭐️ Manta likely to airdrop $MANTA to Celestia $TIA stakers.

Aevo posts, "🔜," on X hinting at potential snapshot or airdrop.

Ambient airdrop strategy by CryptoSnooper.

RedStone airdrop strategy by CryptoSnooper.

MilkyWay airdrop strategy by CryptoSnooper.

Finance News


Ark Invest sells another ~$21M worth of Coinbase $COIN shares.

Blackrock $BLK to reduce global workforce by 3% as part of routine internal adjustments.

Boeing $BA stock dips ~8% in premarket trading amid temporary grounding of Boeing 737 Max 9 aircraft.

Apple $AAPL iPhone sales drop 30% in China during first week of 2024.

Evergrande NEV shares plunge ~23% after executive director is detained.

Ziraat Bank secures $500M financing from Eximbank of China.

Security and Exploits


MangoFarm SOL rug pulls after it promises airdrop.

CoinsPaid exploited for $7.5M due to security breach.

H3idi releases checker for malicious permit approvals.

SlowMist issues security alert regarding fake journalist phishing scam.

Token Unlocks


• Moonbeam / 3.04M $GLMR / ~$1.2M / JAN 10
⭐️ • Aptos / 24.84M $APT / ~$224.6M / JAN 11
• CyberConnect / 1.26M $CYBER / ~$9M / JAN 14


Funding


Saros, defi super-network built on Solana; raises $3.75M in private funding.

CharacterX, a web3 AI character network; raises $2.8M in Seed funding.

The Degen Farmer

Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!

PROTOCOLASSETSAPY
Solv Funds logoSolv Funds (Arbitrum)USDT108.79%
Beefy logoBeefy (Ethereum)MKUSDUSDC53.70%
Vela Exchange logoVela Exchange (Arbitrum)USDC40.87%
Pendle logoPendle (Arbitrum)GDAI38.95%
Abracadabra logoAbracadabra (Arbitrum)MIMUSDCUSDT31.08%
Aura logoAura (Ethereum)DOLAUSDC30.10%
Merkl logoMerkl (Arbitrum)USDCDAI28.44%
PancakeSwap AMM V3 logoPancakeSwap AMM V3 (BSC)USDTFDUSD28.16%
. . .

+$600,000,000 in airdrops was lost

Don't you hate it when you qualify to an airdrop but it's already expired and can't be claimed?

Coming in: Earndrop is a cryptocurrency airdrops finder.

Paste your wallet and the site will show you if you have anything to claim!

With a free account, you also get email alerts when your wallets are eligible to claim something new.

🪂 Don't miss any more airdrops →

. . .

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

Reply

or to participate.