- Specs News
- Posts
- 1/9/24: The Great BTC Flood Gate ✅🛰️🧵
1/9/24: The Great BTC Flood Gate ✅🛰️🧵
Top News
✅ ETF issuers expect approval Wednesday, trading Thursday
🛰️ BTC lunar landing mission may have already failed
🧵 Gary Gensler warns against crypto in a thread on 𝕏

Specs’ Insights
BREAKING‼️ Multiple #Bitcoin ETF issuers expect SEC approval tomorrow and LIVE launch on Thursday.
— Bitcoin Archive (@BTC_Archive)
1:57 PM • Jan 9, 2024
⌐◪-◪ → It looks like the never-ending Bitcoin ETF news cycle may finally come to an end.
VanEck CEO, among others, says ETFs will start trading on Thursday (in 2 days) after getting approved on Wednesday. Feels like a pretty quick turnaround if you ask me.
Crypto hedge fund, Pantera, allegedly plans to purchase $200M through BitWise's ETF - who is currently winning the battle to the lowest fee.
Meanwhile, Grayscale Bitcoin Trust’s discount shrinks to the lowest in 18 months as the market prepares for an “uplisting” of the publicly trading Bitcoin trust to a spot ETF.
Feels bullish - especially with halving in ~99 days.
⌐◪-◪ → Bitcoin's mission to the moon may have already failed, and the superstitious side of me can't help but think it's a bad omen.
The Astrobotic's Peregrine lander suffered a significant anomaly, which will likely make it impossible for the vehicle to land on the Moon.
Basically, we just lost 1 Bitcoin in space and may have accidentally created the most legendary time capsule of all time.
This event lured people to outer space in pursuit of dreams greater than they've ever dared to imagine! This is the time known as 'The Great Spacefaring Era'!
⌐◪-◪ → Like many crypto investors, I'm not a fan of Gary Gensler; however, a small part of me liked the fact that he wrote "A thread 🧵." It felt like a small nod to crypto-twitter culture, even if it was anti-crypto, haha.
The timing of his thread is pretty indicative of an imminent spot Bitcoin ETF approval. Think of it as Gary's final cope before the floodgates burst open.
The best part, however, was all of the hilarious photoshop jobs to Gary's thread, like this one from Foobar. Crypto-twitter is the best.

Everything Else
⛓️ Crypto & DeFi
15,000 blocks remain, roughly 99 days, until the Bitcoin halving
Solana developer retention increased 31% in 2023
Evmos Foundation takes back $7.6M from departed co-founder
Starknet approves vote to use STRK token for tx fees
BitPay adds support for dozens of cryptocurrencies for payments
Curve founder’s debt is a ticking bomb for the protocol
Jim Cramer says Bitcoin is 'topping out'
Arthur Hayes re-enters SOL long
🏦 Wallstreet & VC
Bitcoin decouples from NASDAQ amid ETF approval speculation
Standard Chartered Bank predicts $200k BTC by end of 2025
GBTC discount sinks to lowest in 18 months
Pantera Capital to buy $200M Bitcoin through BitWise ETF
VanEck seeds potential ETF with $72.5M
BTC mining stocks see $3.5B in volume, outpacing tech giants
🏛️ Legal & Regulatory
US arrests 'Bitcoin Rodney' for IRS fraud charges
Blockchain Association responds to Sen. Warren about crypto hires
SEC shockingly responds to prospective ETF issuers within hours
🌎 Rest of the World
Bitfinex to remove some products & services in UK due to regulations
Upbit gets full licensing in Singapore for their crypto exchange
North Korean hacker group, Lazarus, withdraws $1.2M from coin mixer
Thai government may cancel plans to give every citizen 10,000 baht
🖼️ NFTs & Metaverse
SNES emulator inscribed onto Bitcoin by Ninjalerts
Taproot Wizards inscribed 3,232 cats
1100 Azuki Beanz get dumped into Blur bids ahead of token
XAI gaming token airdrop is now live
RLB burns 2B tokens, 40% of the supply