The Latest Crypto Moments

<p><span style="font-weight: 400;">Welcome to <strong>Wizardia's</strong> crypto news, where we delve into the ever-evolving world of cryptocurrency, exploring the latest developments and innovations shaping this dynamic landscape. In this blog post, we'll unravel three key happenings in this rapidly growing realm:</span></p> <p> </p> <ul> <li style="font-weight: 400;" aria-level="1"><em>Fidelity Enters the ETH ETF Arena.</em></li> </ul> <p> </p> <ul> <li style="font-weight: 400;" aria-level="1"><em>SEC Delays Bitcoin ETF Approvals.</em></li> </ul> <p> </p> <ul> <li style="font-weight: 400;" aria-level="1"><em>Ubisoft Embraces Web3 with Free Ethereum NFTs.</em></li> </ul> <p> </p> <p><span style="font-weight: 400;">Stay tuned as we continue to explore the frontiers of the blockchain revolution, uncovering the potential of this emerging fascination.</span></p> <p> </p> <p><iframe src="https://www.youtube.com/embed/5oygzAtX9Jg?t=63s" width="560" height="314" allowfullscreen="allowfullscreen"></iframe></p> <p> </p> <p><strong><span style="font-size: 36pt;">Fidelity Enters the ETH ETF Arena</span></strong></p> <p> </p> <p><span style="font-weight: 400;">Financial services giant <a href="https://www.fidelity.com/" target="_blank" rel="noopener">Fidelity</a> Investments has made its move to enter the highly anticipated Ethereum (ETH) exchange-traded fund (ETF) race. </span></p> <p> </p> <p><span style="font-weight: 400;">On November 17, 2023, Fidelity filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot ETH ETF. This follows similar filings from other prominent players, including BlackRock and VanEck Associates.</span></p> <p> </p> <p><span style="font-weight: 400;">The proposed Fidelity Ethereum Fund would track the price of Ethereum, the native cryptocurrency of the Ethereum blockchain network. </span></p> <p> </p> <p><span style="font-weight: 400;">If approved, the ETF would trade on the Cboe BZX Exchange under the ticker symbol ETHF. Fidelity's entry into the ETH ETF arena signals the growing institutional interest in Ethereum and its potential as an investment asset.</span></p> <p> </p> <p><em><span style="font-weight: 400;">Learn more about ETFs and what they are </span></em><a href="https://wizardia.io/blog/weekly_news_11"><em><span style="font-weight: 400;">here</span></em></a><em><span style="font-weight: 400;">.</span></em></p> <p> </p> <p><picture><source srcset="https://wizardia.io/images/blog/thumb/fih-2621.webp 576w, https://wizardia.io/images/blog/inner/fih-2621.webp " type="image/webp"></source><source srcset="https://wizardia.io/images/blog/thumb/fih-2621.jpeg 576w, https://wizardia.io/images/blog/inner/fih-2621.jpeg " type="image/jpg"></source><img srcset="https://wizardia.io/images/blog/thumb/fih-2621.jpeg 576w, https://wizardia.io/images/blog/inner/fih-2621.jpeg " alt="" loading="lazy" width="1024" height="1024"></picture><br><br></p> <p> </p> <p><strong><span style="font-size: 36pt;">SEC Delays Bitcoin ETF Approvals</span></strong></p> <p> </p> <p><span style="font-weight: 400;">The SEC, the regulatory body overseeing the U.S. securities market, has delayed its decision on several spot Bitcoin ETF applications. These include proposals from Franklin Templeton, Global X, and Valkyrie Investments. </span></p> <p> </p> <p><span style="font-weight: 400;">The SEC's delay has raised concerns among industry participants, who have been eagerly awaiting the approval of a spot Bitcoin ETF.</span></p> <p> </p> <p><span style="font-weight: 400;">Here's a list of the delayed Bitcoin ETF applications and their estimated dates of acceptance or denial:</span></p> <p> </p> <p><span style="font-weight: 400;"><a href="https://www.blackrock.com/" target="_blank" rel="noopener"><span style="color: #0916f8;">BlackRock</span></a>: Estimated decision date: January 23, 2024</span></p> <p> </p> <p><span style="font-weight: 400;"><span style="color: #0916f8;"><a style="color: #0916f8;" href="https://www.invesco.com/" target="_blank" rel="noopener">Invesco</a></span>: Estimated decision date: February 6, 2024</span></p> <p> </p> <p><span style="font-weight: 400;"><span style="color: #0916f8;"><a style="color: #0916f8;" href="https://bitwiseinvestments.com/" target="_blank" rel="noopener">Bitwise</a></span>: Estimated decision date: February 20, 2024</span></p> <p> </p> <p><span style="font-weight: 400;"><a href="https://valkyrieinvest.com/" target="_blank" rel="noopener"><span style="color: #0916f8;">Valkyrie Investments</span></a>: Estimated decision date: January 16, 2024</span></p> <p> </p> <p><span style="font-weight: 400;"><span style="color: #0916f8;"><a style="color: #0916f8;" href="https://www.franklintempleton.com/" target="_blank" rel="noopener">Franklin Templeton</a></span>: Estimated decision date: November 28, 2023</span></p> <p> </p> <p><span style="font-weight: 400;"><span style="color: #0916f8;"><a style="color: #0916f8;" href="https://www.globalxetfs.com/" target="_blank" rel="noopener">Global X</a></span>: Estimated decision date: December 19, 2023</span></p> <p><br><br></p> <p><span style="font-weight: 400;">The SEC's cautious approach to Bitcoin ETF approvals stems from its concerns about the inherent volatility and potential for manipulation in the cryptocurrency market. </span></p> <p> </p> <p><span style="font-weight: 400;">However, with the increasing adoption of Bitcoin and growing interest from institutional investors, the SEC may eventually greenlight a spot Bitcoin ETF.</span></p> <p> </p> <p><picture><source srcset="https://wizardia.io/images/blog/thumb/screenshot-2023-11-21-at-112048-7155.webp 576w, https://wizardia.io/images/blog/inner/screenshot-2023-11-21-at-112048-7155.webp " type="image/webp"></source><source srcset="https://wizardia.io/images/blog/thumb/screenshot-2023-11-21-at-112048-7155.jpg 576w, https://wizardia.io/images/blog/inner/screenshot-2023-11-21-at-112048-7155.jpg " type="image/jpg"></source><img srcset="https://wizardia.io/images/blog/thumb/screenshot-2023-11-21-at-112048-7155.jpg 576w, https://wizardia.io/images/blog/inner/screenshot-2023-11-21-at-112048-7155.jpg " alt="" loading="lazy" width="822" height="822"></picture><br><br><em><span style="font-weight: 400;">Want to play Wizardia? Join Ryan every Monday morning </span></em><a href="https://discord.gg/wizardia?event=1176447352513507389"><em><span style="font-weight: 400;">here</span></em></a><em><span style="font-weight: 400;">!</span></em></p> <p> </p> <p> </p> <p><strong><span style="font-size: 36pt;">Ubisoft Embraces Web3 with Free Ethereum NFTs</span></strong></p> <p> </p> <p><span style="font-weight: 400;">In a surprising move, Ubisoft, the renowned gaming company behind popular franchises like Assassin's Creed and Just Dance, has ventured into the world of Web3. The company is offering free Ethereum NFTs (non-fungible tokens) to players of its new strategy game, Champions Tactics. </span></p> <p> </p> <p><span style="font-weight: 400;">These NFTs, based on the game's characters, can be used to customize player profiles and engage in competitive gameplay. </span></p> <p><br><br></p> <p><em><span style="font-weight: 400;">Maybe </span></em><a href="https://wizardia.io/blog/the_sleeping_giant"><em><span style="font-weight: 400;">NFTs are awakening</span></em></a><em><span style="font-weight: 400;"> from hibernation?</span></em></p> <p><span style="font-weight: 400;">The introduction of free Ethereum NFTs in Champions Tactics offers players a unique and personalized way to customize their in-game experience, fostering a sense of ownership and attachment to their virtual avatars. These NFTs can be displayed on player profiles, adding an extra layer of distinction and exclusivity.</span></p> <p> </p> <p><span style="font-weight: 400;">Ubisoft's Web3 experiment is still in its early stages, but it has already sent a clear message: the gaming industry is ripe for disruption, and NFTs are a key catalyst for this transformation. </span></p> <p> </p> <p><span style="font-weight: 400;"><picture><source srcset="https://wizardia.io/images/blog/thumb/ee-2490.webp 576w, https://wizardia.io/images/blog/inner/ee-2490.webp " type="image/webp"></source><source srcset="https://wizardia.io/images/blog/thumb/ee-2490.jpeg 576w, https://wizardia.io/images/blog/inner/ee-2490.jpeg " type="image/jpg"></source><img srcset="https://wizardia.io/images/blog/thumb/ee-2490.jpeg 576w, https://wizardia.io/images/blog/inner/ee-2490.jpeg " alt="" loading="lazy" width="1024" height="1024"></picture></span></p> <p><br>See w<span style="font-weight: 400;">ho else has taken the “</span><a href="https://wizardia.io/blog/epic_games_nft"><span style="font-weight: 400;">epic</span></a><span style="font-weight: 400;">” leap into web3?</span><br><br></p> <p> </p> <p><span style="font-weight: 400;">The cryptocurrency industry continues to gain momentum, attracting both institutional and individual investors. The potential approval of Ethereum ETFs, the SEC's cautious approach to Bitcoin ETFs, and Ubisoft's embrace of Web3 gaming highlight the dynamic nature of this evolving landscape. </span></p>