⬆️Markets Rally As Ether ETF Applications Pile Up

The Defiant's daily newsletter recaps all of the hottest news across web3 for Feb. 13.

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Digital asset prices are up, with Bitcoin tagging prices last witnessed during 2021 and Ether at its highest level since early 2022. The move coincides with action institutional markets, with Franklin Templeton filing for a spot Ether ETH while the popularity of Bitcoin ETFs has propelled institutional crypto holdings to a two-year high.

In other news, Optimism launched its security council, Ethiopia is embracing Chinese Bitcoin miners, and developers are innovating on the new ERC-404 token standard.

Plus, we explore what you need to know when reporting crypto holdings this U.S. tax season.

✍️ In today’s newsletter:

Digital assets rally to multi-year highs
Franklin Templeton's Ether ETF bid
Institutional accumulate $59B worth of crypto
Optimism launches security council
Ethiopia embraces Bitcoin mining
DN-404 NFT token standard
U.S. crypto tax season looms

🎙️The Defiant Podcast & Interviews:

Creating asset-backed stablecoins with the Reserve protocol

🎬 WATCH

Check out our discussion with Tina and Teddy to learn more about EigenLayer, the pioneering Ethereum restaking protocol. Also watch our podcast with Worldcoin co-founder, Alex Blania, to get a detailed understanding of the controversial digital identity network.

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