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The current ETH ETF landscape shows a concentrated market structure.The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Interpol has issued a “Red Notice,” on behalf of Finland, for Hex and PulseChain founder Richard James Schueler, a.k.a. Richard Heart, on charges of gross tax evasion and assault. A list of Europol’s most wanted criminals also features Schueler, and claims he physically assaulted a 16-year-old victim by knocking them to the ground and punching them repeatedly. “It feels great to be wanted. Nothing can stop an idea whose time has come,” Schueler posted on X Saturday night, in a post that may be r
Quick Take The SEC and Tai Mo Shan, a subsidiary of Jump Trading’s crypto unit, have reached an agreement for the latter to pay about $123 million in fines after it spent $20 million to help prop up the TerraUSD stablecoin in May 2021. Tai Mo Shan will pay the penalty without admitting to or denying the SEC’s findings, pursuant to the agreement.
Traders across the market saw significant losses in the wake of Fed's latest monetary policy update.
- 22:46The probability of the Federal Reserve maintaining the same interest rate in January next year is 91.4%According to CME "Fed Watch": The probability of the Federal Reserve maintaining the current interest rate in January next year is 91.4%, and the probability of a 25 basis point cut is 8.6%. By March next year, the probability of maintaining the current interest rate is 47.6%, the cumulative probability of a 25 basis point cut is 48.3%, and that of a cumulative 50 basis point cut is 4.1%.
- 22:44LUCE surged over 45% in 24 hours, currently reported at $0.087Bitget market data shows that the MEME coin LUCE has risen over 45% in 24 hours, currently priced at $0.087. Its current market value has exceeded $87 million.
- 22:30Kaito AI: All proceeds from the minting of Kaito Genesis NFT will be distributed to Yaps point usersThe encrypted data analysis platform, Kaito AI, has announced a new Yaps points plan on social media platforms. All proceeds from the minting of Kaito Genesis NFT will be distributed to Yaps users. In this scheme, the top 1000 Yappers in the Yaps points event leaderboard will share 150 ETH. The first to five hundredth ranked Yappers will each receive 0.2 ETH and those ranked from five hundred and first to one thousandth will each get 0.1 ETH. Users need to bind their ETH wallet address on the Yaps page before 8:00 Singapore time on January 1st to participate. The official team will take a snapshot of the top 1000 Yappers at that same time and distribute the ETH rewards on January 2nd. If there are fewer than 1000 users providing wallet addresses at snapshot time, remaining ETHs would be allocated according to the snapshot list until fully distributed. Additionally, members of Kaito's team are not included in this distribution. According to OpenSea data, Kaito Genesis NFT is currently priced at floor price of 3.499 ETH.