The Block
Bloomberg Intelligence ETF Research Analyst James Seyffart breaks down what to expect from the pending spot bitcoin and ethereum ETF applications in the months ahead.
Quick Take Bloomberg Intelligence ETF research analyst James Seyffart explained why spot bitcoin ETF approvals are likely in January but ether is a “completely different animal” in an interview on The Scoop podcast. Seyffart also discussed why the SEC doesn’t want to play “kingmaker,” the impact of Grayscale’s legal win over the agency and the potential timeline between approval and launch. Seyffart estimated spot bitcoin ETFs could see hundreds of millions of dollars of inflows on their first day, and bil
Quick Take Namada, a multi-chain privacy Layer 1, introduced an incentivized testnet offering 3% of its total supply as rewards. The testnet includes an “asteroid mining race” where participants accumulate ROIDs to win part of 30 million NAM tokens.
Quick Take The Solana Saga phone has sold out in the US after traders saw upside in buying the phones. Each Saga comes with 30 million bonk tokens — worth more than the phone at its current price.
Quick Take Former Galaxy head Michael Moro was hired six months ago to spearhead Ankex. The exchange has now been shut down amid trouble at Qredo, its parent company.
Quick Take The DeFi protocol filed for bankruptcy to a Utah court on Thursday.
Quick Take Early Ethereum investors Konstantin Lomashuk and Vasiliy Shapovalov re-launch and fund $100 million investment firm called cyber.Fund.
Quick Take The hacker who stole $12 million from Nirvana Finance and another DEX plead guilty and agreed to forfeit $12.3 million of assets.
The new platform will allow post-trade OTC settlement capabilities for all counterparties on a single network.
A spike in bitcoin volatility saw the liquidation of over $63 million leveraged positions in the past 24 hours.
