TLDR Crypto 2024-03-11

BlackRock's Global Allocation Fund may soon include investments in Bitcoin exchange-traded products, according to a revised prospectus lodged with the SEC. This is the second fund that BlackRock has filed to include Bitcoin ETFs in. BlackRock says that these ETFs help the funds gain access to bitcoin exposure, helping them create a more diversified investment strategy.

Coinbase, America's largest cryptocurrency exchange, recently met with the SEC to discuss Grayscale's proposed Ethereum ETF. Conversion of Grayscale's Ethereum Trust into a spot ETH ETF would allow investors to access spot Ethereum exposure directly through their normal brokerage accounts. According to documents filed with the regulator, the presentation covered possible market manipulation and described Ethereum as resilient to fraud and manipulation.

Stable Jack, a new protocol on Avalanche, was rolled out to build a yield-bearing stablecoin called aUSD. The aim of the initiative is to produce a capital-efficient, risk-free, decentralized yield-bearing stablecoin, creating an alternative stablecoin option for Avalanche users that is more efficient and easier than other options.

Rollchains, a new blockchain module that combines Cosmos L1 and rollup technology, is rolling out on Cosmos and Celestia. Stride plans to be the first to adopt this hybrid chain architecture. Rollchains are "modularized" Cosmos L1s that post data to Celestia, strengthening immutability and exposing chain data to Celestia's indexers, while offering a variety of validator choices.

This post explains how high-performance blockchain networks like Solana and Aptos are set to play significant roles in DeFi due to their high throughput and low fees. The technical differences they offer, like higher TPS and on-chain order books, open up new possibilities and use cases for application builders.

This thread lays out some common mistakes to avoid during bull markets. Take profits when you feel triumphant, don't switch investments too frequently, and don't panic during market corrections. Diversification should be carefully balanced and exiting trades should be done in stages. It is also essential to cut losses quickly whilst staying flexible as each market cycle performs differently.

Wyoming Governor Mark Gordon has implemented a new law that allows DAOs to be recognized as unincorporated nonprofit associations. Crypto investment giant Andreessen Horowitz has hailed the move as a significant breakthrough as it offers better protection and support for blockchain networks. This law extends the state's blockchain-friendly reputation, encouraging DAOs to establish themselves in the region.

This article discusses the rise and significance of MEV in decentralized systems. It provides an exploration of its roots, its implementation, its impact on Ethereum, and the evolution of the MEV supply chain. It also highlights the trust issues involved and the recent changes brought about by the Merge and MEV-Boost.

Bitcoin's spot trading volume hit a 12-month high, with retail interest surging as Bitcoin surpassed previous all-time highs, briefly breaking $70k.

Individuals on Crypto Twitter have taken marketing matters for a popular memecoin, WIF, into their own hands and are attempting to raise money to put the mascot for the coin on the Las Vegas Sphere for a week.

Ethereum researchers are proposing reducing newly issued Ether to counter liquid staking's dominance, sparking a debate around whether liquid staking has become too big or not.

Bill Ackman playfully suggested investing in Bitcoin due to its potential to drive a self-reinforcing cycle of price increases and economic impacts.