Matrixport Expects SEC To Reject Bitcoin ETFs
Matrixport Expects SEC To Reject Bitcoin ETFs
Goldman Sachs Eyes Authorized Participant Role For ETF, USDC Momentarily Depegs on Binance, Several Hacks & Scams
Welcome to Coinfeeds Daily Digest! Today we cover security and scam-related stories as dYdX publishes the post-mortem on the $9 million hack in November, Chainalysis reveals that a Solana wallet drainer community has 6,000 members, Gamma Strategies is investigating its loss of 211.9 ETH, and Radiant Capital is recovering from a $4.5 million hack. In ETF news, Goldman Sachs is working to become an Authorized Participant in BlackRock and Grayscale's ETFs, a Security.org survey reveals that the approval of Bitcoin ETFs would make the 21% of Americans not yet invested in crypto more inclined to buy in. The IRS introduced a new rule requiring to report crypto transactions over $10,000, USDC briefly depegged on Binance, and Etherscan acquired Solscan.
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Matrixport Expects SEC To Reject Bitcoin ETFs
A prediction suggesting that the SEC is poised to reject a series of proposals for bitcoin spot ETFs this month comes from Matrixport, a digital asset financial services provider. Matrixport's analyst, Markus Thielen, has indicated that the proposals on the table do not fulfill a key SEC requirement. | Read More
Goldman Sachs Eyes Authorized Participant Role In Bitcoin ETF
Goldman Sachs is seeking to leverage its expertise as an AP for the upcoming Bitcoin ETFs. The move is significant as it underscores the growing interest from financial institutions in the crypto space. Other financial heavyweights, including JPMorgan Chase, Jane Street, and Cantor Fitzgerald, are involved in similar roles for Bitcoin ETFs. | Read More
ENS Token Soars 50% After Buterin's Praise
Vitalik Buterin, known for his influential role in the development of Ethereum, has recently brought attention to the Ethereum Name Service, describing it as "super important." Following his comments, ENS soared to its highest level since April, reaching $12.54, with a staggering 674% increase in trading volume, amounting to $167 million. | Read More
USDC Stablecoin Briefly Depegs on Binance
The USDC stablecoin, which is supposed to maintain a value equal to $1, experienced a momentary drop in value, causing concern among cryptocurrency traders and investors. The depegging incident occurred on the popular cryptocurrency exchange Binance, where the value of USDC fell as low as $0.74. | Read More
Etherscan Acquires Solscan
Etherscan's acquisition of Solscan is not just a business move; it's a strategic expansion designed to enhance the accessibility of data across multiple networks. By bringing Solscan under its wing, Etherscan aims to create a more seamless experience for users who wish to access information on different chains. | Read More