Crypto News In Three Sentences – March 1, 2024

πŸ‘€ Bitcoin ETFs Fly High Without Vanguard: The SEC’s nod to Bitcoin ETFs brings a seismic shift, yet giants like Vanguard ($VOO) stay on the bench, watching millions flow into these new funds. Despite Vanguard CEO Tim Buckley bowing out amid whispers of regret of not joining everyone else at the BTC ETF party, considering most of Vanguard AUM grew under Buckley, the no BTC ETF probably isn’t why. Probably. Maybe. From DailyCoin

🏦 Wells Fargo and BoA Embrace Crypto Craze:Β Speaking of Bitcoin ETF acceptance, Wells Fargo ($WFC) and Bank of America ($BAC) take the crypto plunge, offering Bitcoin ETFs to their daring clients. They join a financial frenzy alongside Schwab and Robinhood, contrasting Vanguard’s skeptical stance. Hey, maybe Wells Fargo will open crypto accounts for people who never asked them to? More from Cryptopolitan

πŸ‘Ύ From Playtime to Guild Wars: ‘Pixels’ is set to revolutionize crypto gaming by introducing guilds, transforming resource generation and gameplay. This strategic shift aims to foster a competitive yet cooperative environment as guilds vie for control in a newly dynamic economy. Barwikowski’s vision for Pixels places guilds at the core of the game’s universe, promising a blend of competition, collaboration, and crypto innovation. Decrypt has more

πŸ’Ό Suit Up: Grayscale Contemplates Courtroom Clash Over GBTC Options: Grayscale Investments is gearing up for a potential legal battle against the SEC following the rejection of options trading for its Grayscale Bitcoin Trust ($GBTC). Citing “unfair discrimination” against GBTC investors, Grayscale demands equal treatment to bitcoin futures ETFs, which have been allowed options trading. CEO Michael Sonnenshein advocates for GBTC options to bolster price discovery and investor hedging, emphasizing the need for parity in the options market for spot Bitcoin ETFs. From coinpaprika

πŸŒ• To the Moon? Bitwise Predicts $200K Bitcoin in Post-Halving Boom:Β Bitwise’s CIO Matt Hougan projects Bitcoin’s price could soar to $200K post-halving, driven by a massive supply-demand imbalance highlighted by the explosive interest in US-listed spot Bitcoin ETFs. The purchasing power of these ETFs fuels this bullish outlook, dwarfing the production rate of new Bitcoins. Hougan’s optimism extends beyond Bitcoin, foreseeing a ripe market for spot Ethereum ETFs and a broader range of spot crypto ETFs, anticipating a future where Bitwise plays a pivotal role in a potentially $100 billion-plus market. More from CryptoGlobe

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Frogs, And Dogs, And BONKs Oh My

Memecoin madness is back, and it’s like deja vu. All over again, like deja vu. 🐢

According to the fine folks at Santiment, the spotlight’s on $PEPE, $FLOKI, $BONK, and a few others, all of which have decided to moon together. Price surges of over 500% and trading volumes that skyrocketed nearly 3,000%? Just another crypto memecoin insane bull run

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NFTs R Back?

Not much needs to be said here for this newsworthy event. πŸ€¦β€β™‚οΈ

Straight from the Gurg himself:

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