JUST IN: Here is a starter guide to the Cardano $ADA ecosystem ๐
Wallets:
- @YoroiWallet
- @eternlwallet
- @NamiWallet
DEXs:
- @MuesliSwapTeam
- @SundaeSwap
- @MinswapDEX
How to get ADA:
1. Buy ADA from an exchange
2. Head to the "Transfer" section of your CEX/DEX account
3. Choose the "Withdraw" option
4. Copy the receiving address from your Cardano wallet
5. Paste the wallet address in the "send to" field
6. Review and submit your transfer
BREAKING: 8 reasons why the ๐บ๐ธ SEC will approve a Spot #Bitcoin ETF this month
โข A 98% chance is anticipated for U.S. approval by Jan. 10
โข The SEC has been actively meeting with ETF issuers to finalize details
โข BlackRock recently stated intention to seed its ETF with $10 million
โข All spot bitcoin ETF applications were completed by Dec. 29 (deadline)
โข Authorized Participants like JPMorgan and Goldman Sachs are now revealed
โข Wall Street and Coinbase have continued to collaborate heavily
โข ๐ญ๐ฐ Honk Kong's Securities & Futures Commission is moving toward with Spot #Bitcoin ETFs
โข Strong fundamentals for Bitcoin in 2024 are applying approval pressure
๐จ NEWS: Grayscale met with the ๐บ๐ธ SEC yesterday to discuss their Spot #Bitcoin ETF filing
This follows BlackRock's meeting with the SEC earlier this week ๐
๐จ NEWS: Here are all the recent changes BlackRock made to its #Bitcoin ETF filing ๐
- BlackRock's iShares Bitcoin Trust will use the new ticker $IBIT
Replacing $IBTC
- The ETF will now be cash-only
This means new shares can only be created with cash, not $BTC
- The cash change eliminates the need for registered brokers to handle Bitcoin
- Risk will be shifted to crypto market makers instead of banks