$190B wealth management firm Cetera Financial Group has approved four bitcoin ETFs for advisers choosing to implement such funds into client portfolios.
Cetera has so far greenlit adviser allocations to four of the 10 US spot bitcoin ETFs: BlackRock’s iShares Bitcoin Trust (IBIT); the Fidelity Wise Origin Bitcoin Fund (FBTC); the Franklin Bitcoin ETF (EZBC); and the Invesco Galaxy Bitcoin ETF (BTCO).
https://blockworks.co/news/wealth-manager-bitcoin-etfs-allocators
US gov holds 210,392 BTC, with a 2.4x unrealized profit, and hasn't sold any Bitcoin since July 2023.
https://x.com/ki_young_ju/status/1768542634514194574
Crypto exchange Binance spun off its $10 billion venture capital arm Binance Labs earlier this year.
https://www.bloomberg.com/news/articles/2024-03-15/crypto-exchange-binance-spins-off-binance-labs-venture-capital-unit
Parallel Studios will launch their new AI-powered game, Parallel Colony, on Solana.
In 2021, Parallel raised $50M from Paradigm, Focus Labs, OSS Capital L.P., Tess Ventures, Yunt Capital, YouTube cofounder Chad Hurley at a $500 million valuation.
https://twitter.com/solana/status/1768435922675347777
Top 100 losers in 24 hours: BSV -18%, HNT -12%, IOTA -12%, KCS -12%, DOGE -12%, AKT -12%, PEPE -12%.
https://dropstab.com/insights/top-performance
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.64T. Bitcoin is trading at $68.3K
dropstab | icodrops | twitter | telegram
El Salvador President Nayib Bukele has moved 5,689.69 BTC, worth about $406 million to a new cold wallet.
https://twitter.com/nayibbukele/status/1768425845163503738
Craig Wright is not Satoshi Nakamoto or the author of the Bitcoin whitepaper, U.K. Judge James Mellor said after closing arguments in the Crypto Open Patent Alliance (COPA) trial.
https://www.coindesk.com/policy/2024/03/14/craig-wright-not-satoshi-didnt-author-bitcoin-whitepaper-judge-rules/
zkLend token (ZEND) is officially listed on Bybit and KuCoin.
https://x.com/bybit_official/status/1768215498871775254
https://x.com/kucoincom/status/1767121897538666949
The Avalanche Foundation discloses community coin holdings.
As of today, the Foundation’s community coin holdings include: Coq Inu (COQ), Gecko (GECKO), Kimbo (KIMBO), NoChill (NOCHIL), Tech (TECH).
https://www.avax.network/blog/the-avalanche-foundation-discloses-community-coin-holdings
BNB Chain has unveiled a rollup-as-a-service (RaaS) solution for building Layer 2 chains within its ecosystem.
https://www.theblock.co/post/282442/bnb-chain-layer-2-rollups-as-a-service
Crypto Market Daily Review ☀️
The market is growing. Market cap is $2.79T. Bitcoin is trading at $73.4K
dropstab | icodrops | twitter | telegram
A U.S. district judge has denied motions from crypto exchange Gemini and crypto lender Genesis to dismiss a case brought by the Securities and Exchange Commission over the Gemini Earn program.
https://www.theblock.co/post/282363/us-judge-denies-motions-to-dismiss-secs-lawsuit-against-gemini-earn-program
MicroStrategy filed to raise $500 million in a convertible debt offering, with intentions to use the proceeds to purchase more bitcoin (BTC).
https://www.coindesk.com/business/2024/03/13/michael-saylors-microstrategy-raising-another-500m-to-buy-more-bitcoin/
Persistence One will collaborate with Babylon to bring BTC Security to secure its liquid staking and restaking ecosystem.
https://twitter.com/PersistenceOne/status/1767922128236749106
The Hong Kong's Securities and Futures Commission warned the public that MEXC had been operating without a license.
The country started accepting applications for crypto firms to get a license to operate in the county June last year.
https://www.coindesk.com/policy/2024/03/15/hong-kong-regulator-says-crypto-exchange-mexc-has-been-operating-without-a-license/amp/
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The Berachain blockchain platform is becoming a unicorn in a more than $69 million funding round co-led by Brevan Howard Digital and Framework Ventures, according to people familiar with the matter.
The project, which is raising the money by selling digital tokens, will be valued at $1.5 billion.
https://www.bloomberg.com/news/articles/2024-03-15/crypto-s-berachain-becomes-unicorn-in-69-million-vc-round
Binance Web3 Wallet has completed the integration of Solana network.
The newly added Solana-based dApps include: Drift, Dual Finance, Jito, Jupiter, Magic Eden, MarginFi, Orca, PsyOptions, Pyth Network and Raydium.
https://www.binance.com/en/support/announcement/binance-web3-wallet-completes-integration-of-solana-network-4193f1d593d541a18e766c5f4c46831d
Top 100 gainers in 24h: WIF +9%, CFX +4%, SOL +4%, JUP +1%.
https://dropstab.com/insights/top-performance
Arbitrum Foundation announces program designed to invest 200 million ARB (about $400 million) in promoting gaming projects on its blockchain over a two-year period.
The new proposal suggests allocating the vast majority of funds — 160 million ARB — to incentivize publishers and builders to create new games on Arbitrum. The other 40 million ARB would support infrastructure initiatives such as creating tools "needed to support gaming within Arbitrum."
https://www.theblock.co/post/282651/arbitrum-eyes-400-million-crypto-gaming-fund-with-proposal-to-dao
Forgotten Playland has announced an updated timeline:
▫️13th of March – FP holders snapshot
▫️28th of March – ToyBox Sale
▫️25th of April – Forgotten Playland’s launch (more than five different party games)
▫️30th of May – First update
https://twitter.com/ForgotPlayland/status/1768309229260034416
The Hydro launchpad event on Mito has just concluded:
▫️11x oversubscribed
▫️$59.96M Raised
▫️Over 1M INJ subscribed
▫️Hydro LSD TVL $152.55M
https://x.com/mitofinance/status/1768301664044269896
9 Lives Interactive, an independent game studio, announced a successful $3 million funding round led by Mechanism Capital with participation from Delphi Digital, Sfermion, 3Commas Capital, Momentum 6, Kosmos Ventures, Devmons GG and CSP DAO.
The investment will be used to develop 9 Lives Interactive’s debut title, Nyan Heroes.
https://nyanheroes.com/news/news/9-lives-interactive-secures-3-million-to-support-global-launch-of-nyan-heroes-a-web3-hero-shooter
Polyhedra Network, the Web 3 infrastructure provider behind the zero-knowledge protocol zkBridge, has closed a $20 million round valuing the company at $1 billion.
The round was led by Polychain Capital, along with participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital and Web3Port Foundation.
https://www.coindesk.com/business/2024/03/14/polyhedra-network-closes-20m-round-at-1b-valuation/
Two senior Binance employees, Tigran Gambaryan and Nadeem Anjarwalla, will remain in Nigeria until March 20.
https://www.wsj.com/finance/currencies/crypto-gets-blamed-for-a-real-life-currency-crisis-e3e3b343
Elon Musk says Tesla will enable DOGE payments.
https://twitter.com/WatcherGuru/status/1768124723928457648
Starknet, Optimism, Base put Blob on the network, gas fees drop to $0.01.
Blob is Starknet's Dencun analogue upgrade to lower gas.
Base and Optimism released NFT in honour of it.
https://twitter.com/Starknet/status/1767915153700290839 https://twitter.com/base/status/1768070592870379889 https://twitter.com/Optimism/status/1768084032984871377
Blast: “The issue has been resolved.”
https://x.com/blast_l2/status/1767933586487890427
The Blast Mainnet has stopped producing blocks due to issues related to Ethereum’s Dencun upgrade.
https://twitter.com/Blast_L2/status/1767924021872455902