2024-07-10

Author

Fernando Fierro
July 10, 2024

Howdy folks,

📊📈 Solana investors, rejoice! The Chicago Board Options Exchange has officially filed with the SEC to list the first-ever SOL ETF. If approved, this move could significantly boost Solana's liquidity and pave the way for more crypto ETFs, following Cboe's success with U.S. Bitcoin ETFs.

Investors eagerly await the SEC's decision, which could see over $3 billion flowing into these new ETFs.

In other news:

⚖️🕵️ The sentencing dates for former FTX executives Nishad Singh and Gary Wang are set for October 30 and November 20. Both pleaded guilty to multiple fraud charges and turned state's evidence against Sam Bankman-Fried.

Their testimonies revealed deep-rooted fraud and mismanagement within FTX.

👮‍♂️🚨 Attendees at the EthCC conference in Brussels faced alarming robberies, including violent incidents. While Belgium's crime rate is moderate, the concentrated targeting of crypto investors at the event highlights the need for better security measures and vigilance.

💪💰 Despite recent market downturns, Bitcoin ETF investors are standing firm. Even as Bitcoin's price dropped to a 19-week low, ETF inflows remained strong, indicating resilient confidence among retail investors.

This resilience showcases the maturing crypto investment landscape.

DailyCoin Daily Meme

Cypherpunk Names Valkyrie Co-Founder as President and CEO

Crypto investment firm Cypherpunk has appointed Valkyrie co-founder Leah Wald as its president and chief executive officer (CEO). Read more on DailyCoin.

108M DOGE Dump On Robinhood Sends DOGE Price Plummeting

A colossal sell-off to Robinhood shakes up Dogecoin’s price as DOGE trading volumes fall steeply on Derivatives and Spot crypto markets.

Ethereum’s First “Attackathon” Explained: All You Need to Know

Ethereum is seeking to enhance security with an "attackathon." Wondering what this attackathon is all about? DailyCoin is here with all the details.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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