Thursday, September 21, 2023
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | The ETF Applications Keep Coming! Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a new cryptocurrency exchange-traded fund (ETF). In contrast to the numerous Bitcoin spot ETF applications currently pending with the regulator, this proposed ETF would be based on Ethereum futures.
In today's news, Venmo now supports PYUSD, a new friend.tech contest for the memers, and GammaSwap expands to Arbitrum.
Read on! | | Top NFT Whales on Ethereum | |
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For 18 of the top 20 NFT whales, CryptoPunks account for at least half of their portfolio value.
Wilcox currently has the most number of CryptoPunks at 215, while SethS has a significant holding of 668 CryptoPunks V1s. | | | 24h Hot Searches Worldwide 🔥 | | |
Frustrated with the sheer volume of chaotic information about crypto flying around? You may then prefer learning about the cryptoverse through books. Check out our top recommendations! | | | Opening Up New Avenues The peer-to-peer payment platform Venmo will soon offer the stablecoin PayPal USD, or PYUSD.
PayPal's ERC-20 stablecoin will become purchasable in the "coming weeks," according to a release from PayPal. Users will have the ability to acquire and send PYUSD to others on PayPal, Venmo, or compatible external wallets.
Decrypt | | Reigniting Friend.Tech
A competition hosted on the web3 social media platform friend.tech is presenting a Pepe social media handle as the coveted prize. Upon the game's announcement on friend.tech, the Pepe key experienced a staggering 966% surge in value, surging from roughly $330 to $3,500, before ultimately stabilizing at a price exceeding $1,900. The channel owner has accrued nearly $20,000 in platform fees, as reported by the friend.tech data tracker Octav.
The Block | | Finding Market Fit
Decentralized trading service GammaSwap made its debut on the Arbitrum network, offering a way to protect liquidity providers against impermanent loss.
GammaSwap allows DeFi users to borrow liquidity provider (LP) tokens from automated market makers (AMMs) and "short" them, hedging against supplied collateral or creating low-risk trading strategies.
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Telegram recently announced its integration of a TON-based self-custody crypto wallet.
Learn about TON (The Open Network) and its native token Toncoin (TON) here. | | Top DEXes by 24H Volume on GeckoTerminal | |
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