Golden Web3.0 Daily | SEC will approve Ethereum ETF before the end of May

DeFi data

1. Total market value of DeFi tokens: 83.545USD

DeFi total market capitalization and top ten token data Source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$6.161 billion

Decentralized exchange transaction volume data source in the past 24 hours: coincko

3. Assets locked in DeFi: $58.183 billion

Data source: defillama

NFT Data

1. Total NFT market value: US$35.622 billion

NFT total market value and top ten projects by market value Data source: Coinmarketcap

2. 24-hour NFT transaction volume: 4.192 billionUSD

24-hour NFT trading volume and top ten projects by trading volume data source: Coinmarketcap

3. Top NFT within 24 hours

Top 10 NFT sales within 24 hours Data source: NFTGO

< strong>Headlines

The U.S. SEC will make a decision and approve the Ethereum spot ETF before the end of May< /strong>

It was reported on January 11 that the U.S. SEC will make decisions and approve five Ethereum spot ETFs before the end of May. They will conduct a decision-making review and approval on the iShares Ethereum Trust and Fidelity Ethereum Fund launched by Balckrock and Fidelity before January 21 and January 25, but can postpone the final decision until August. In addition, the final decision deadline for three Ethereum spot ETFs that have applied is the end of May 2024. Before that, the US SEC needs to make a final decision on whether to approve or not. They are VanEck Ethereum ETF, Ark 21Shares Ethereum ETF and Hashdex Ethereum ETF respectively, with final deadlines on May 23, May 24 and May 30. Additionally, the SEC must make a decision on Grayscale’s application by June 18 and on Invesco’s application by July 5. Applications from Fidelity and BlackRock must be decided by August 3 and August 7. Golden Finance previously reported that Bloomberg ETF analyst Eric Balchunas said that he estimated that the probability of ETH spot ETF being approved in May was 70%.

NFTHotPoints

1. A Reddit user speculates that X (original Twitter) may release X-unique NFT in the future

Golden Finance reported that a Reddit user speculated that X (formerly Twitter)’s cancellation of the NFT avatar function may lead to the platform selling X-unique NFT avatars in the future. NFT, another user backed up this comment by mentioning Reddit’s NFT, which successfully introduced over 10 million users to the NFT space.

2. NFT liquidity solution eesee completed US$2.85 million in financing< /strong>

Golden Finance reported that NFT liquidity solution eesee announced the completion of US$2.85 million in financing. This financing includes US$1.1 million in seed round financing and A private placement round of US$1.75 million, with participants including SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, etc.

DeFi Hotspot

1. BytomDAO: Bytom mainnet will be closed at 17:00 on January 12

1 According to news on January 11, BytomDAO issued a document on the X platform stating that the Bytom mainnet will be closed at 17:00 on January 12, 2024.

2.OKX will support Optimism mainnet upgrade< /p>

Golden Finance reported that OKX will support the Optimism Network mainnet upgrade. The OP network is expected to undergo a network upgrade and hard fork at 1:00 a.m. on January 12, 2024 (UTC+8). At that time, OKX will suspend OP at 11:00 p.m. on January 11, 2024 (UTC+8). Deposits and withdrawals of OP tokens and related tokens in the network. After the OP network is upgraded, OKX will reopen the deposit and withdrawal of OP tokens and OP related tokens in the network when the network is running stably. According to OKX’s reminder, during the upgrade period, users are not allowed to deposit or withdraw OP tokens and their network-related tokens, but transactions of OP network tokens will not be affected.

3. The Aave community has voted to “Add PYUSD to Aave V3 Ethereum Market "Temperature Check Proposal

News on January 11, the Snapshot page shows that the Aave community has voted to "add PYUSD to Aave" V3 Ethereum Market’s temperature check proposal had a final support rate of 99.99%. Proposal sponsor Trident stated that AAVE’s integration of PYUSD will help establish synergies with PayPal’s stablecoin and strengthen the relationship between PYUSD and AAVE’s decentralized multi-collateral stablecoin GHO. Trident, which is incentivizing the PYUSD/USDC liquidity pool on Curve, also said in the governance proposal chat that it will provide $5 million to $10 million in liquidity for PYUSD on AAVE from day one.

4. Blast TVL breaks through 1.3 billion US dollars

Golden Finance reported that data showed that Blast TVL exceeded US$1.3 billion and is currently at US$1,323,382,111, of which ETH worth approximately US$1.2 billion was deposited in the Lido protocol, exceeding US$120 million. DAI is deposited into the Maker protocol.

5. Binance will support Injective (INJ) network upgrade, expected Suspension of deposits and withdrawals of its tokens at 21:00 today

Golden Finance reported that according to the official announcement, Binance is expected to close on January 11, East Eighth District time The token deposit and withdrawal services of the Injective (INJ) network will be suspended at 21:00 on the same day to support its network upgrade. This move is aimed at providing users with a quality experience. The project team will upgrade the network at block height 57,076,000 (estimated at 22:00 on January 11, East Eighth District time).

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.