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Coinbase analyst David Han said the market may be “underestimating” the timing and odds of a potential spot Ethereum ETF approval.The mismatch leaves room for “surprises to the upside,” with no major sources of supply-side overhangs, he added.
Telegram CEO Pavel Durov appeared to endorse the viral web3 clicker game Notcoin following its token launch on the TON blockchain yesterday. Notcoin is an “amazing success story,” reaching “almost $700 million in market capitalization,” Durov wrote in his Telegram channel.
Synthetix’s decentralized stablecoin, sUSD, fell below its $1 peg — reaching as low as $0.92 due to increased selling on decentralized exchanges. The price later recovered slightly to $0.96. Chaos Labs identified that the de-pegging was triggered by a major liquidity provider withdrawing from the sBTC/wBTC liquidity pool on the Curve.
Bitcoin is holding above the $66,000 mark, despite a downturn in Asian and European stocks, and U.S. stock futures.
Aside from LINK, the other notable gainers are AVAX, ADA, ICP, and HBAR.
- 10:29Sonic Labs Releases Details of S Token Airdrop ProgramOn January 15, Sonic Labs (formerly Fantom) released the details of the S token airdrop plan. Users can obtain points through three ways: The first category is passive points, which users can obtain by holding whitelisted assets in Web3 wallets (such as Rabby, MetaMask and hardware wallets), but centralized exchange holdings are not counted; The second category is activity points, which are obtained by providing whitelisted assets as liquidity in participating projects; The third category is DApps points, where developers can compete for allocations called "Sonic Gems" and distribute S tokens to users through a custom points plan. The project party emphasized that the first two types of points have nothing to do with the specific applications used, and users can increase their income by finding applications with the best points plan. Among them, scUSD and scETH are provided by Rings Protocol.
- 10:27A new wallet withdrew 2884 ETH from CEX, equivalent to about 9.57 million US dollarsAccording to Lookonchain monitoring, 30 minutes ago, a newly created wallet withdrew 2884 ETH (9.57 million USD) from CEX.
- 10:15GoPlus Foundation: GPS token airdrops will be distributed in 4 phases, the first batch of airdrops will be available at 15:00 on the 16thAccording to the GoPlus Foundation’s announcement on the X platform about the GPS token airdrop, the airdrop will be distributed in four phases. 3% of the tokens will be distributed in the first quarter. The airdrop query and claim opening time is January 16 at 15:00. GPS tokens will be TGE on January 16. The total supply of GPS tokens is 10 billion, and the token economics model includes: Community and development (24.67%); Ecosystem growth (10%); Market and growth (6%); Airdrop (10%); Liquidity (7%); Advisors (3%); Team (20%); Early supporters from 2021 to 2024 (19.33%).