Today's Key Updates:
JTO Proposal: JTO has released a new Tiprouter proposal aimed at bringing more profits to JTO stakers.
FTX Restructuring Progress: FTX expects its restructuring plan to take effect in early January 2025, with user compensation work starting in March.
Solana Spot ETF Application: Cboe has submitted listing applications for 4 Solana spot ETFs to the U.S. Securities and Exchange Commission (SEC).
Change in SEC Chair: Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), has announced he will step down on January 20, 2025.
Musk Responds: Musk responded to the incident where Sun Yuchen purchased a piece of art with a banana glued to the wall for $6.2 million, stating that art is often used as a tool for money laundering and tax evasion.
Cryptocurrency Market Sentiment: The fear and greed index of the cryptocurrency market has risen to 94, remaining in an "extreme greed" state for 11 consecutive days, indicating extremely optimistic market sentiment.
