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Monday, January 8, 2024

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Set In Stone

U.S. spot bitcoin exchange-traded funds (ETFs) may be on the brink of launch as the exchanges set to list them have submitted amended documents, indicating their anticipation of approval from the U.S. Securities and Exchange Commission (SEC) in the near future.

The recent amended 19b-4 filings, submitted by entities like BlackRock, Grayscale, and Fidelity among others, complement last month's amended S-1 filings.

With over a dozen applicants vying to launch the first spot bitcoin ETFs in the U.S., it's expected that multiple issuers will receive simultaneous approval.

In other news, there's been a surge in ETH validators queuing to withdraw their staked Ether, VanEck pledges to allocate 5% of profits to the Bitcoin community, and Pixels has announced more details for their upcoming airdrop.

Read on!

Which Countries Are Most Interested in Bitcoin ETFs?

Luxembourg, St. Helena, Singapore, and Switzerland lead global interest in Bitcoin ETFs, with search interest scores in the 90th percentile.

While the US managed to make it into the top 15 global ranking, it only scored 45 and tied with Portugal and Australia.

24h Hot Searches Worldwide 🔥

Coq Inu (-9.9%)
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Bittensor (-8.3%)

Recently, Polygon has announced its ambitious roadmap which includes upgrading the Polygon POS chain to a zkEVM Validium Layer-2, migrating the MATIC token to POL, and more! Learn about what's in store for Polygon 2.0 in this video.

Watch now!

In Orderly Fashion

The Ethereum blockchain is currently observing a surge in validators awaiting the withdrawal of their staked ether.

As per ValidatorQueue data, the exit queue has reached 16,000, encompassing over 510,000 ether ($1.1 billion).

Concurrently, Celsius, amid its restructuring following last year's bankruptcy filing, has disclosed intentions to cancel its stake within the Ethereum network.

The Block

Giving Back To The Cause

Investment firm VanEck announced on Friday its commitment to allocate 5% of the prospective profits from its potential spot bitcoin ETF to Bitcoin core developers associated with Brink.

Established in 2020, Brink aims to advance the Bitcoin protocol through research and development initiatives and by providing support to the Bitcoin developer community.

The Block

It's Farming Season

Pixels have unveiled details about their upcoming airdrop.

To participate, players must engage with Pixels, aiming to earn numerous badges and ascend the game's P2A 2.0 leaderboard before January 19.

The top 7,000 players on the leaderboard will qualify for the upcoming PIXEL token airdrop, as outlined in the announcement.

Decrypt

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Topping the list of top crypto gainers in 2023 is BONK with over 7,000% growth. Find out what the other largest crypto gainers of 2023 were in today's article.

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