Planet Daily | Cboe submits 4 Solana spot ETF listing applications to the US SEC; Tether has recently issued 9 billion U
Headlines
Cboe submits 4 Solana spot ETF listing applications to the US SEC
James Seyffart, senior ETF analyst at Bloomberg, wrote on the X platform, “Cboe has just submitted applications to the US SEC for four Solana spot ETFs, the issuers are VanEck, 21Shares , Canary Capital and Bitwise. If the SEC does not reject the above-mentioned application, the final deadline is around early August next year.”
Tether has issued 9 billion USDT since November 8
According to Lookonchain monitoring, Tether has issued a total of 9 billion USDT since November 8.
BTC breaks through 98,500 USDT in a short period of time, setting a new record high
OKX market data showed that BTC rose in the short term and briefly broke through 98,500 USDT, with a 24-hour increase of 5.38%, setting a new historical high.
SOL short-term rise hit 259.9 USDT, a record high
OKX market data showed that SOL rose in the short term to 259.9 USDT, with a 24-hour increase of 10.95%, setting a historical high.
Justin Sun buys artwork Comedian for $6.2 million
Justin Sun announced that he had purchased Maurizio Cattelans iconic work Comedian for $6.2 million. He said that this is not just a work of art, it represents a cultural phenomenon that connects the worlds of art, meme and cryptocurrency communities, and he believes that this work will inspire more thinking and discussion in the future and become part of history.
Industry News
The probability of the Fed cutting interest rates by 25 basis points in December is 55.9%.
According to CMEs Fed Watch, the probability that the Fed will maintain the current interest rate unchanged by December is 44.1%, and the probability of a cumulative interest rate cut of 25 basis points is 55.9%. The probability of maintaining the current interest rate unchanged by January next year is 33.7%, the probability of a cumulative interest rate cut of 25 basis points is 53.1%, and the probability of a cumulative interest rate cut of 50 basis points is 13.2%.
MicroStrategy Completes $3 Billion Convertible Notes Offering
According to official news, MicroStrategy completed the issuance of $3 billion convertible notes at a 0% coupon rate, including an option granted to the initial purchaser under the note purchase agreement, which allows the purchase of additional notes within 3 days of the first issuance of the notes, with a total amount of $400 million. The initial purchaser fully exercised the option on November 20, 2024, and completed the purchase of additional notes on November 21, 2024.
Citron Research, a short-selling agency, posted on the X platform that as Bitcoin investment becomes easier than ever (currently you can buy ETFs, COINs, and HOODs), MicroStrategys trading volume has completely deviated from BTCs fundamentals. Although Citron is still bullish on Bitcoin, we have hedged by opening a short position in MicroStrategy. Citron said that it pays tribute to Michael Saylors visionary Bitcoin strategy and respects him very much, but even Michael Saylor knows that MicroStrategy is now overheated.
Project News
Sui: The network downtime was caused by an incorrect upgrade code, which was fixed within 2.5 hours
Sui officials posted on the X platform that Between 1:15 and 3:45 Pacific Time on November 21, 2024, the Sui mainnet went down. All validators were caught in a crash loop, making it impossible to process any transactions. The Sui network experienced its first network failure due to an error in the congestion control code. The error stemmed from a recent upgrade to the congestion control code to make better use of shared objects. Sui contributors quickly deployed a fix and restored normal network activity within 2.5 hours.
Sonic will be launched on the mainnet in December
Sonic Labs (formerly Fantom) officially announced in a preview on X that Sonic will be released sometime in December. Sonic Labs CEO Michael Kong added that it will not be on the 27th or 31st, implying that it will be released earlier in the month.
Suilend Token Economics Announcement: Total 100 million tokens, 40% airdropped
Sui Ecological Lending Protocol Suilend announced the token economics, with a total supply of 100 million, of which 65% will be allocated to the community, 20% to investors, and 15% to the team. The team will airdrop 40% (40 million) tokens to points holders, early users, Rootlets NFT, capsule NFT and SAVE holders through Mdrops.
CHILLGUY Community: A donation wallet has been set up for brand authors
The CHILLGUY community account @chillguycto posted on the X platform that a donation wallet has been set up for the CHILLGUY brand author, and said that if he does not want the money, he can donate the money to a charity of his choice.
Solana wallet Phantom ranks fourth in iPhone free app downloads
According to Apples official statistics, Solanas decentralized wallet Phantom currently ranks fourth in the iPhone free app download list, surpassing Google and TikTok. In addition, Coinbases download ranking has dropped to 27th.
Circle: Native USDC and cross-chain transfer protocol CCTP will be launched on Aptos
Circle announced on the X platform that native USDC and cross-chain transfer protocol CCTP will soon be launched on Aptos. Aptos will gain support for native USDC and CCTP, enabling developers to use USDC to build applications for various use cases, including DeFi, peer-to-peer payments, cross-border remittances, global commerce, risk-weighted assets, games, etc.
Investment and Financing
According to documents filed with the UK Companies House this month, Deblock, a crypto wallet founded by former Revolut and Ledger executives, has raised an additional £13.3 million (about $16.8 million) in seed funding. Another October document showed that Headline, Hoxton, 20 VC and Chalfen were the main investors in this round of financing. Sifted previously reported that the startup quietly raised €12 million last year.
Decentralized game player network KGeN completes $10 million financing, led by Aptos Labs
The decentralized gamer network KGeN (Kratos Gamer Network) announced the completion of a $10 million ecosystem round of financing, led by Aptos Labs, with participation from Polygon and Game 7. As of now, the total financing has reached $30 million. It is reported that its gamer network mainly operates in India, Brazil, Nigeria, Southeast Asia, the Middle East and North Africa.
Character*Voice
Bloomberg Analyst: Grayscale Submits Application for Bitcoin Miner ETF
Bloomberg ETF analyst Henry Jim wrote on X that Grayscale has submitted an application for the Bitcoin Miners ETF, with the trading code/rate to be determined and the effective date being January 27, 2025.
CZ: Users of Intel-based Macbooks need to update as soon as possible to stay safe
CZ issued a security reminder on X: If you are using an Intel-based Macbook, please update as soon as possible to stay safe. According to securityweek, Apple confirmed that the macOS system was attacked by a zero-day attack and urgently released major macOS and iOS security updates to fix two widely exploited vulnerabilities. Apple confirmed that these vulnerabilities are being widely exploited on Intel-based macOS systems and urged users across the ecosystem to urgently apply iOS 18.1.1, macOS Sequoia 15.1.1, and the older iOS 17.7.2.
Blackstone Inc. has invested more than $500 million in Lancium, which is building more than 5 gigawatts of data centers in West Texas to meet the growing energy needs of artificial intelligence applications, according to people familiar with the matter. The company completed equity transactions in recent weeks to support Lanciums plans to build five facilities in parts of the state rich in wind and solar resources, the people said.
Nate Geraci, president of The ETF Store, wrote on X: In addition to the listing of Grayscale and Bitwises crypto index funds, there are currently the following spot ETFs applying for SOL, XRP, and HBAR. It is speculated that at least one issuer has also tried ADA or AVAX ETFs. In this regard, Bloomberg ETF analyst Eric Balchunas said that December 31 seems to be the best date to submit a DOGE ETF application.
This article is sourced from the internet: Planet Daily | Cboe submits 4 Solana spot ETF listing applications to the US SEC; Tether has recently issued 9 billion USDT in total (November 22)
Related: LRT Battle: Earn AVS Rewards in the Midst of Volatility
1. Introduction to LST and LRT What is LST stETH obtained by users through liquidity staking protocols such as Lido Behind LST: PoS network security, staking interest What is LRT Users entrust lsdETH assets such as stETH to the liquidity re-pledge protocol, and the protocol deposits lsdETH into EigenLayer for re-pledge on behalf of the user to obtain the mortgage certificate token, i.e. LRT asset *Restaking is a concept first proposed by Eigenlayer. 2. LRT Rewards Data Overview For EigenLayer’s latest rewards, Renzo was the first (even the only) to announce the distribution data and execute the distribution. Let’s take a look at the data: “Between August 15 and October 8, 2023, ezETH generated 769.01 ETH (593,727.31 EIGEN) in rewards through restaking. ezEIGEN generated 1,731.05 EIGEN in just one week…