Crypto
WIF

The Crypto Catch-Up…

Snacks / Friday, March 22, 2024

📜 Policy… Analysts have done a U-turn on the likelihood that the SEC will approve spot ethereum ETFs this May (current prediction: no). Investors speculate that an approval could boost ether demand, pointing to BTC’s rally after spot bitcoin ETFs.

💰 Spendy… Polygon Labs, the blockchain biz supporting Starbucks’ test of an NFT-based rewards program, reportedly paid the java giant $4M to host the project. Starbs said it’s ending the program, dubbed Odyssey, this month.

🤹‍♀️ Quirky… A photo of a Shiba Inu wearing a pink beanie sold as an ethereum-based NFT for $4.3M. It’s not just any dog pic: it’s the meme behind dogwifhat, the solana-based memecoin du jour with a $2B+ market cap (no pun intended).

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