🌶️ CZ is a free man!

The true crypto legend, the former Binance CEO, Changpeng Zhao, has just been released from prison. 2 days earlier than reported. He spent 119 days there. Most traders are very bullish on this event. Will it be the new catalyst to ignite an even stronger bull market? Will see it soon.

Blackrock takes a few spots in the Spicy Block newsletter daily. Today is not an exception. The company is very active in the crypto space and participates in the wider specter of niches.

And here is what else you’ll find in today’s edition:

• CZ is free. 4.

• Moo Deng hits new record

• SEC charges Mango Markets

• ZachXBT warns crypto holders

• and more…

📰 Crypto & Finance News

• CZ is released from prison after 116 days, Coindesk reports.

• Ethena is set to launch a new stablecoin backed by BlackRock's tokenized BUIDL fund.

• The SEC has approved BNY Mellon to provide custody services for crypto assets beyond ETFs.

• The European Central Bank is expected to lower interest rates three more times before the end of the year. These are the rumors though.

• DOW Jones closes at its highest price in history.

• The SEC charges entities behind the crypto asset trading platform Mango Markets for unregistered offers and sales of the platform's "MNGO" governance tokens.

🪂 Airdrops & Opportunities

• Claim Mira OG NFT on Galxe.

• This is a great thread about possible upcoming airdrops made by @ayyyeandy. Of course, DYOR and many dates could be out of reality.

• Nifty Island releases more details about the upcoming airdrop, which will reward its players with an $ISLAND token.

🤡 Degen Section

• Someone made $9.5 million from an initial $1,300 investment just in 16 days. Trader has bought $MODENG. Yes, that’s right.

• $MOODENG hits a $300 million market cap today. It’s only 2 weeks old token.

🔒 Security

• Onyx Protocol has been exploited for the second time, losing $3.8 million due to a known bug.

• Polymarket users are being targeted through Google search, Scam Sniffer reports.

• ZachXBT, the Batman of crypto, raises alarm over rising incidents of crypto theft at “gunpoint”.

🦁 Alpha & Insights

• Jupiter announces that voting has begun on the 215 million unclaimed Jupuary Tokens. Cast your vote if you are a $JUP staker.

• CCData estimates stablecoins could lose around $625 million in interest income for each 50-basis point rate cut. Additional cuts in 2024 may reduce annual revenue by up to $1.5 billion.

📈 Other Metrics & Numbers

• Bitcoin is just $7,000 away from its all-time high. Soon.

• BlackRock (IBIT) has acquired 4,460 BTC ($289 million) in the past two days, bringing its total holdings to 362,192.679 BTC ($22.9 billion).

• Chinese stocks are pumping by 15.7% this week. This is a result of stimulus from the government.

😶‍🌫️ To Cheer You Up

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Disclaimer: The content of this newsletter is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The opinions and information provided here are not a guarantee of future performance and should be considered carefully in the context of your personal financial situation.