The DeFi Report - Sponsor Image The DeFi Report - Industry-leading crypto research trusted by finance pros. Friend & Sponsor Learn more


Bitcoin's Rough Week
Published on Jan 19, 2024

Sponsor: Toku — Make token grant administration simple.

.  .  .
NEED TO KNOW
SEC Delays ETH ETF Call
  1. 🦅 SEC delays ETH ETF call. The SEC has punted making a call on Fidelity's ETH ETF until March. This comes as JPM gives less than a 50% chance of ETH ETF approval by May.
  2. 🧑‍⚖️ SEC versus Binance Binance delayed. Binance's long-awaited trial is starting Monday after a snow-related delay. The DOJ-punished exchange wants the SEC lawsuit tossed.
  3. 🎣 Manta DDoS'd during token launch. Manta Network Manta Network was plagued by a DDoS attack as it issued its MANTA token, bringing the network to a crawl.
.  .  .
TODAY IN MARKETS
BTC's Rough Week

📊 Dip buyers be damned. The total crypto market cap (TOTAL) has sunk like a stone, erasing a quarter billion dollars in wealth amidst the 14% plunge that has followed the arrival of spot BTC ETFs. Can crypto markets rebound?

Prices as of 3pm ET 24hr 7d
Crypto $1.65T ↗ 1.9% ↘ 3.5%
BTC $41,905 ↗ 3.0% ↘ 4.4%
ETH $2,489 ↗ 2.6% ↘ 3.5%
.  .  .
LEARN
What is Celestia?
Bankless Author: William Peaster

$TIA has been one of the bull market's hottest opps, but what does the network actually do?

Celestia is a data availability (DA) blockchain created as an affordable and efficient hub for Layer 2 (L2) rollups to publish transaction data. Celestia Celestia helps projects launch their L2s by allowing rollup teams to sidestep needing to manage their own DA solutions and instead focus exclusively on their execution layer, where transactions occur. 

Get the full free guide below 👇👇👇


FRIEND & SPONSOR: TOKU

Make token grant administration simple. Toku is the all-in-one global token grant solution trusted by leaders like Protocol Labs and Mina Foundation. Toku's dashboard guides you through the entire token grant process with legal templates, vesting tracking, reporting, and exercising. Save time & money, and be compliant by working with Toku!

Enjoying this article?

Subscribe to Bankless or sign in

.  .  .
WEEKLY ROLLUP
Boom or Bust?

It's been a tough week for markets, but Ryan and David talk through the market opportunities they're watching in this latest rollup on the week's biggest stories.

Get the week's full lowdown👇

.  .  .
INVEST
This Week's Yield Opps

Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber you're missing out! 👇

.  .  .

GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned $10k+ airdrop paydays!

It's airdrop season and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!


No Responses

Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive commission if you make a purchase through one of these links. Additionally, the Bankless team hold crypto assets. See our investment disclosures here.

This site is protected by reCAPTCHA.

Read Bankless in: English - Spanish - German - French

Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive commission if you make a purchase through one of these links. Additionally, the Bankless team hold crypto assets. See our investment disclosures here.

This site is protected by reCAPTCHA.

Search Bankless