🦎 Crypto News:

— Reddit confirmed their intention to IPO and said they have invested in #BTC #ETH, also holding #MATIC. The IPO is scheduled for March. The company could be valued at $15 billion

— Trump said he still only likes the dollar. But he also recognized that Bitcoin has become popular and has begun to take on a separate life of its own. He also mentioned that he believes cryptocurrencies should be regulated. Previously, Trump has been known for his harsh criticism of Bitcoin.

— Grayscale creates privacy-focused ETF with a focus on Zcash

— Stevan McClurg of Valkyrie said that an ETF based on ETH is not going to appear anytime soon, but it might happen within the next year or two. He explained that there are a lot of differences between Bitcoin and ETH, causing regulators like the SEC to take a lot of time to look into these products. In his opinion, this could take up to a year.

— After a hiatus, Bitcoin-related spot funds (BTC-ETFs) have seen a resurgence of investment. Yesterday, 251 million dollars were invested in these funds, as reported by SoSoValue.