Daily Crypto NewsEDITION #136, 26 January 2021

Everyone wants what?! An ETF!

Hey #Moni Maker 🙃

Today, in 1911, Glenn Curtiss flew the first successful American seaplane.. A little over 100 years later, we're already packing our bags for Mars. Progress is moving by leaps and bounds, and so is the economy. What kind of money will the Martian colonists use? We've placed our bets, have you? Well, check out the news, it'll be clear in no time.

Let’s go!

The U.S. Securities and Exchange Commission received a new application for bitcoin-based ETF registration. It was filed by Valkyrie Digital Assets.

According to the document, Valkyrie Investments plans to launch a BTC-backed fund. Coinbase Custody will provide custodial services for BTC storage.

If the application is approved, Valkyrie Investments will list the ETF on the NYSE Arca exchange.

So what?

Well, well, well...is it BTC for the people or people for BTC? *HM!*

Apparently, we're at the start of a new trend in BTC-ETFs.

Marathon Patent Group today announced the purchase of 4,813 BTCs worth about $150 million, with an average purchase price of $31,135. The money was allocated from the company's reserves.

"We also believe that holding part of our treasury reserves in bitcoin will be a better long-term strategy than holding U.S. dollars, similar to other forward-thinking companies like MicroStrategy." - said Merrick Okamoto.

So what?

Ha! Merrick, surprise! Who among the adequate people keeps reserves in dollars these days?

Circle recently announced the integration of USDC into Solana blockchain.

The idea came to fruition: comprehensive Solana USDC support (USDC-SPL) is available for all Circle products.

You need to go to the SHO page and click on connect wallet. On January, 27 the winners will be announced.

More about Seascape can be found on the DAO Maker site.

Entering or not is an individual choice, we are journalists here.

— Elrond (EGLD) announced a strategic partnership with Binance Smart Chain;

— Binance launches trading of perpetual SAND/USDT and ANKR/USDT futures contracts with up to 20x leverage.

And one more thing...Buy Bitcoin! 😉